Putman Absolute Cash Position Weight vs. Net Asset

PDMAX
 Fund
  

USD 10.58  0.01  0.09%   

For Putman Absolute profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Putman Absolute to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Putman Absolute Return utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Putman Absolute's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Putman Absolute Return over time as well as its relative position and ranking within its peers. Please check Your Equity Center.
  
Please note, there is a significant difference between Putman Absolute's value and its price as these two are different measures arrived at by different means. Investors typically determine Putman Absolute value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putman Absolute'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.

Putman Absolute Return Net Asset vs. Cash Position Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Putman Absolute's current stock value. Our valuation model uses many indicators to compare Putman Absolute value to that of its competitors to determine the firm's financial worth.
Putman Absolute Return is rated top fund in cash position weight among similar funds. It is rated top fund in net asset among similar funds making up about  12,976,898  of Net Asset per Cash Position Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Putman Absolute by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Putman Absolute's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putman Absolute's earnings, one of the primary drivers of an investment's value.

Putman Net Asset vs. Cash Position Weight

Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Putman Absolute 
Cash Percentage 
 = 
% of Cash 
 
in the fund 
45.45 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Putman Absolute 
Net Asset 
 = 
Current Market Value 
Current Liabilities 
589.8 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

Putman Net Asset Comparison

Putman Absolute is currently under evaluation in net asset among similar funds.

Putman Absolute Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Putman Absolute, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Putman Absolute will eventually generate negative long term returns. The profitability progress is the general direction of Putman Absolute's change in net profit over the period of time. It can combine multiple indicators of Putman Absolute, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
In pursuing a positive total return, the advisor is generally intended to produce lower volatility over a reasonable period of time than has been historically associated with traditional asset classes that have earned similar levels of return over long historical periods. Putnam Multi-Asset is traded on NASDAQ Exchange in the United States.

Putman Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Putman Absolute. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Putman Absolute position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Putman Absolute's important profitability drivers and their relationship over time.

Use Putman Absolute in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Putman Absolute position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Putman Absolute will appreciate offsetting losses from the drop in the long position's value.

Putman Absolute Pair Trading

Putman Absolute Return Pair Trading Analysis

The ability to find closely correlated positions to Putman Absolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putman Absolute when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Putman Absolute - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Putman Absolute Return to buy it.
The correlation of Putman Absolute is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Putman Absolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putman Absolute Return moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Putman Absolute can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Putman Absolute position

In addition to having Putman Absolute in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Computers Thematic Idea Now

Computers
Computers Theme
Companies that manufacture and distribute personal and business computers. The Computers theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Please check Your Equity Center. Note that the Putman Absolute Return information on this page should be used as a complementary analysis to other Putman Absolute'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Putman Absolute Return price analysis, check to measure Putman Absolute'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 Putman Absolute is operating at the current time. Most of Putman Absolute's value examination focuses on studying past and present price action to predict the probability of Putman Absolute's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Putman Absolute's price. Additionally, you may evaluate how the addition of Putman Absolute to your portfolios can decrease your overall portfolio volatility.
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To fully project Putman Absolute's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Putman Absolute Return at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Putman Absolute's income statement, its balance sheet, and the statement of cash flows.
Potential Putman Absolute investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Putman Absolute investors may work on each financial statement separately, they are all related. The changes in Putman Absolute's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Putman Absolute's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.