Putman Absolute Price to Earning vs. Last Dividend Paid

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 Last Dividend Paid vs. Price to Earning 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 price to earning among similar funds. It is rated top fund in last dividend paid among similar funds creating about  0.02  of Last Dividend Paid per Price to Earning. The ratio of Price to Earning to Last Dividend Paid for Putman Absolute Return is roughly  40.34 . 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 Last Dividend Paid vs. Price to Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Putman Absolute 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
14.12 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Putman Absolute 
Last Dividend 
 = 
Last Profit Distribution Amount 
Total Shares 
0.35
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.

Putman Last Dividend Paid Comparison

Putman Absolute is currently under evaluation in last dividend paid 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 Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Real Estate theme has 4 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 Real Estate 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.