Putnam Mutual Fund Market Value

PDMAX
 Fund
  

USD 10.35  0.01  0.1%   

Putnam Multi-Asset's market value is the price at which a share of Putnam Multi-Asset stock trades on a public exchange. It measures the collective expectations of Putnam Multi-Asset Absolute investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Putnam Multi-Asset Absolute and determine expected loss or profit from investing in Putnam Multi-Asset over a given investment horizon. Please check Putnam Multi-Asset Hype Analysis, Putnam Multi-Asset Correlation, Portfolio Optimization, Putnam Multi-Asset Volatility, as well as analyze Putnam Multi-Asset Alpha and Beta and Putnam Multi-Asset Performance.
Symbol
Backtest

Please note, there is a significant difference between Putnam Multi-Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine Putnam Multi-Asset value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Multi-Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Putnam Multi-Asset 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Putnam Multi-Asset's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Putnam Multi-Asset.
0.00
06/05/2022
No Change 0.00  0.0 
In 30 days
07/05/2022
0.00
If you would invest  0.00  in Putnam Multi-Asset on June 5, 2022 and sell it all today you would earn a total of 0.00 from holding Putnam Multi-Asset Absolute or generate 0.0% return on investment in Putnam Multi-Asset over 30 days. Putnam Multi-Asset is related to or competes with B of A. In pursuing a positive total return, the advisor is generally intended to produce lower volatility over a reasonable per...More

Putnam Multi-Asset Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Putnam Multi-Asset's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Putnam Multi-Asset Absolute upside and downside potential and time the market with a certain degree of confidence.

Putnam Multi-Asset Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Multi-Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Multi-Asset's standard deviation. In reality, there are many statistical measures that can use Putnam Multi-Asset historical prices to predict the future Putnam Multi-Asset's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Putnam Multi-Asset's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Putnam Multi-Asset in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.0010.3510.70
Details
Intrinsic
Valuation
LowReal ValueHigh
10.0310.3810.73
Details
Naive
Forecast
LowNext ValueHigh
10.0610.4210.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2210.4510.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putnam Multi-Asset. Your research has to be compared to or analyzed against Putnam Multi-Asset's peers to derive any actionable benefits. When done correctly, Putnam Multi-Asset's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Putnam Multi-Asset.

Putnam Multi-Asset Backtested Returns

Putnam Multi-Asset maintains Sharpe Ratio (i.e., Efficiency) of -0.0431, which implies the entity had -0.0431% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Putnam Multi-Asset exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Putnam Multi-Asset risk adjusted performance of (0.08), and Coefficient Of Variation of (2,735) to confirm the risk estimate we provide.
The fund holds a Beta of 0.168, which implies not very significant fluctuations relative to the market. Let's try to break down what Putnam's beta means in this case. As returns on the market increase, Putnam Multi-Asset returns are expected to increase less than the market. However, during the bear market, the loss on holding Putnam Multi-Asset will be expected to be smaller as well. Even though it is essential to pay attention to Putnam Multi-Asset current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Putnam Multi-Asset exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.08  

Virtually no predictability

Putnam Multi-Asset Absolute has virtually no predictability. Overlapping area represents the amount of predictability between Putnam Multi-Asset time series from 5th of June 2022 to 20th of June 2022 and 20th of June 2022 to 5th of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Putnam Multi-Asset price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Putnam Multi-Asset price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.05
Residual Average0.0
Price Variance0.0

Putnam Multi-Asset lagged returns against current returns

Autocorrelation, which is Putnam Multi-Asset mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Putnam Multi-Asset's mutual fund expected returns. We can calculate the autocorrelation of Putnam Multi-Asset returns to help us make a trade decision. For example, suppose you find that Putnam Multi-Asset mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Putnam Multi-Asset regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Putnam Multi-Asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam Multi-Asset mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Putnam Multi-Asset mutual fund over time.
 Current vs Lagged Prices 
Share
      Timeline 

Putnam Multi-Asset Lagged Returns

When evaluating Putnam Multi-Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam Multi-Asset mutual fund have on its future price. Putnam Multi-Asset autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Putnam Multi-Asset autocorrelation shows the relationship between Putnam Multi-Asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Putnam Multi-Asset Absolute.
 Regressed Prices 
Share
      Timeline 

Putnam Multi-Asset Investors Sentiment

The influence of Putnam Multi-Asset's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Putnam. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Putnam Multi-Asset in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Putnam Multi-Asset's short interest history, or implied volatility extrapolated from Putnam Multi-Asset options trading.

Current Sentiment - PDMAX

Putnam Multi-Asset Investor Sentiment

Most of Macroaxis users are at this time bullish on Putnam Multi-Asset Absolute. What is your perspective on investing in Putnam Multi-Asset Absolute? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Currently Active Assets on Macroaxis

Please check Putnam Multi-Asset Hype Analysis, Putnam Multi-Asset Correlation, Portfolio Optimization, Putnam Multi-Asset Volatility, as well as analyze Putnam Multi-Asset Alpha and Beta and Putnam Multi-Asset Performance. Note that the Putnam Multi-Asset information on this page should be used as a complementary analysis to other Putnam Multi-Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Putnam Mutual Fund analysis

When running Putnam Multi-Asset price analysis, check to measure Putnam Multi-Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam Multi-Asset is operating at the current time. Most of Putnam Multi-Asset's value examination focuses on studying past and present price action to predict the probability of Putnam Multi-Asset's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Putnam Multi-Asset's price. Additionally, you may evaluate how the addition of Putnam Multi-Asset to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Putnam Multi-Asset technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Putnam Multi-Asset technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Multi-Asset trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...