Putnam Mutual Fund Manager Performance Evaluation

PAADX
 Fund
  

USD 15.06  0.03  0.20%   

The fund holds a Beta of 0.0653, 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 Dynamic returns are expected to increase less than the market. However, during the bear market, the loss on holding Putnam Dynamic will be expected to be smaller as well. Although it is important to respect Putnam Dynamic Asset current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Putnam Dynamic Asset technical indicators, you can presently evaluate if the expected return of 0.0858% will be sustainable into the future.
  
Putnam Performance
6 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Putnam Dynamic Asset are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Putnam Dynamic is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
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Putnam Price Channel

Fifty Two Week Low13.73
Fifty Two Week High18.82
Annual Report Expense Ratio0.71%

Putnam Dynamic Relative Risk vs. Return Landscape

If you would invest  1,436  in Putnam Dynamic Asset on May 18, 2022 and sell it today you would earn a total of  73.00  from holding Putnam Dynamic Asset or generate 5.08% return on investment over 90 days. Putnam Dynamic Asset is currently producing 0.0858% returns and takes up 0.9528% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Putnam, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Putnam Dynamic is expected to generate 1.61 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.23 times less risky than the market. It trades about 0.09 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

Putnam Dynamic Current Valuation

Fairly Valued
Today 15.06
Please note that Putnam Dynamic's price fluctuation is very steady at this time.
Putnam Dynamic Asset holds a recent Real Value of $14.9 per share. The prevailing price of the fund is $15.06. At this time, the fund appears to be fairly valued. We determine the value of Putnam Dynamic Asset from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Putnam Dynamic Asset is useful when determining the fair value of the Putnam mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Putnam Dynamic. Since Putnam Dynamic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Putnam Mutual Fund. However, Putnam Dynamic's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
14.90
Real Value
15.85
Upside
Estimating the potential upside or downside of Putnam Dynamic Asset helps investors to forecast how Putnam mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Putnam Dynamic more accurately as focusing exclusively on Putnam Dynamic's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
14.0915.0415.99
Details

Putnam Dynamic Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Putnam Dynamic Asset, and traders can use it to determine the average amount a Putnam Dynamic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0901

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Estimated Market Risk
 0.95
  actual daily
 
 8 %
of total potential
 
88
Expected Return
 0.09
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.09
  actual daily
 
 6 %
of total potential
 
66
Based on monthly moving average Putnam Dynamic is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam Dynamic by adding it to a well-diversified portfolio.

About Putnam Dynamic Performance

To evaluate Putnam Dynamic Asset Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Putnam Dynamic generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Putnam Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Putnam Dynamic Asset stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Putnam's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund allocates 45 percent to 75 percent of its assets in equities and 25 percent to 55 percent in fixed income securities. Putnam Dynamic is traded on NASDAQ Exchange in the United States.

Things to note about Putnam Dynamic Asset

Checking the ongoing alerts about Putnam Dynamic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Putnam Dynamic Asset help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Putnam Dynamic Alerts

Equity Alerts and Improvement Suggestions

Putnam Dynamic Asset is unlikely to experience financial distress in the next 2 years
On 21st of June 2022 Putnam Dynamic paid $ 0.055 per share dividend to its current shareholders
The fund maintains about 6.45% of its assets in cash
Please check Your Equity Center. Note that the Putnam Dynamic Asset information on this page should be used as a complementary analysis to other Putnam Dynamic'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running Putnam Dynamic Asset price analysis, check to measure Putnam Dynamic'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 Dynamic is operating at the current time. Most of Putnam Dynamic's value examination focuses on studying past and present price action to predict the probability of Putnam Dynamic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Putnam Dynamic's price. Additionally, you may evaluate how the addition of Putnam Dynamic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Putnam Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine Putnam Dynamic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Dynamic'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.