Putnam Mutual Fund Technical Analysis

PAADX
 Fund
  

USD 14.14  0.13  0.93%   

As of the 30th of June, Putnam Dynamic holds the coefficient of variation of (630.17), and Risk Adjusted Performance of (0.23). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Putnam Dynamic, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Putnam Dynamic Asset, which can be compared to its competitors. Please check Putnam Dynamic Asset jensen alpha and downside variance to decide if Putnam Dynamic Asset is priced some-what accurately, providing market reflects its current price of 14.14 per share.
  
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Putnam Dynamic Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Putnam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Putnam
Putnam Dynamic's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Putnam Dynamic 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 Dynamic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Dynamic 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...

Putnam Dynamic Asset Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Putnam Dynamic Asset volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Putnam Dynamic Asset Trend Analysis

Use this graph to draw trend lines for Putnam Dynamic Asset. You can use it to identify possible trend reversals for Putnam Dynamic as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Putnam Dynamic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Putnam Dynamic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Putnam Dynamic Asset applied against its price change over selected period. The best fit line has a slop of   -0.03  , which may suggest that Putnam Dynamic Asset market price will keep on failing further. It has 122 observation points and a regression sum of squares at 32.68, which is the sum of squared deviations for the predicted Putnam Dynamic price change compared to its average price change.

About Putnam Dynamic Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Putnam Dynamic Asset on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Putnam Dynamic Asset based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Putnam Dynamic Asset stock first instead of the macroeconomic environment surrounding Putnam Dynamic Asset. By analyzing Putnam Dynamic's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Putnam Dynamic's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Putnam Dynamic specific price patterns or momentum indicators. Please read more on our technical analysis page.

Putnam Dynamic June 30, 2022 Technical Indicators

Most technical analysis of Putnam 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 Putnam from various momentum indicators to cycle indicators. When you analyze Putnam charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Putnam Dynamic Asset One Year Return

Based on the recorded statements, Putnam Dynamic Asset has an One Year Return of 5.98%. This is 62.88% lower than that of the Putnam family and significantly higher than that of the Allocation--50% to 70% Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Putnam Dynamic June 30, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Putnam stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Putnam Mutual Fund analysis

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.