Putman Mutual Fund Momentum Indicators Plus Directional Indicator

PDMAX
 Fund
  

USD 10.57  0.02  0.19%   

Putman Absolute momentum indicators tool provides the execution environment for running the Plus Directional Indicator indicator and other technical functions against Putman Absolute. Putman Absolute value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Plus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of Putman Absolute are pattern recognition functions that provide distinct formation on Putman Absolute potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Plus Directional Indicator describes the rate of positive changes that contributes to the overall Putman Absolute Return price trend.
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Putman Absolute Technical Analysis Modules

Most technical analysis of Putman Absolute help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Putman from various momentum indicators to cycle indicators. When you analyze Putman charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Putman Absolute Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putman Absolute Return. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putman Absolute Return based on widely used predictive technical indicators. In general, we focus on analyzing Putman Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putman Absolute's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Putman Absolute's intrinsic value. In addition to deriving basic predictive indicators for Putman Absolute, we also check how macroeconomic factors affect Putman Absolute price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Putman Absolute'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 Putman Absolute in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.3510.5710.79
Details
Intrinsic
Valuation
LowReal ValueHigh
9.5110.8011.02
Details
Naive
Forecast
LowNext ValueHigh
10.4310.6510.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.4310.5210.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putman Absolute. Your research has to be compared to or analyzed against Putman Absolute's peers to derive any actionable benefits. When done correctly, Putman Absolute'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 Putman Absolute Return.

Align your values with your investing style

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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Putman Mutual Fund analysis

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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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.