Putnam Mutual Fund Alpha and Beta Analysis

PDMAX
 Fund
  

USD 10.38  0.03  0.29%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Putnam Multi-Asset Absolute. It also helps investors analyze the systematic and unsystematic risks associated with investing in Putnam Multi-Asset over a specified time horizon. Remember, high Putnam Multi-Asset's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Putnam Multi-Asset Backtesting, Portfolio Optimization, Putnam Multi-Asset Correlation, Putnam Multi-Asset Hype Analysis, Putnam Multi-Asset Volatility, Putnam Multi-Asset History and analyze Putnam Multi-Asset Performance.
  
Please note that although Putnam Multi-Asset alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Putnam Multi-Asset did 0.022205  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Putnam Multi-Asset Absolute fund's relative risk over its benchmark. Putnam Multi-Asset has a beta of 0.0416  . 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.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Putnam Multi-Asset Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Putnam Multi-Asset market risk premium is the additional return an investor will receive from holding Putnam Multi-Asset long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Multi-Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Putnam Multi-Asset's performance over market.
α-0.02   β0.0416
90 days against DJI

Putnam Multi-Asset expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Putnam Multi-Asset's Buy-and-hold return. Our buy-and-hold chart shows how Putnam Multi-Asset performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Putnam Multi-Asset Market Price Analysis

Market price analysis indicators help investors to evaluate how Putnam Multi-Asset mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam Multi-Asset shares will generate the highest return on investment. By understating and applying Putnam Multi-Asset mutual fund market price indicators, traders can identify Putnam Multi-Asset position entry and exit signals to maximize returns.

Putnam Multi-Asset Return and Market Media

The median price of Putnam Multi-Asset for the period between Wed, May 18, 2022 and Tue, Aug 16, 2022 is 10.38 with a coefficient of variation of 1.13. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 10.41, and mean deviation of 0.1. The Fund received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  

About Putnam Multi-Asset Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Putnam Multi-Asset has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

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.

Build Portfolio with Putnam Multi-Asset

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Putnam Multi-Asset Backtesting, Portfolio Optimization, Putnam Multi-Asset Correlation, Putnam Multi-Asset Hype Analysis, Putnam Multi-Asset Volatility, Putnam Multi-Asset History and analyze 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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.
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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...