Putnam ETF Financials
| PBDC Etf | USD 34.75 0.29 0.84% |
Net Expense Ratio 0.0679 |
Putnam |
The data published in Putnam ETF's official financial statements typically reflect Putnam ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Putnam ETF's quantitative information. For example, before you start analyzing numbers published by Putnam accountants, it's essential to understand Putnam ETF's liquidity, profitability, and earnings quality within the context of the Putnam space in which it operates.
Please note, the presentation of Putnam ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Putnam ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Putnam ETF's management manipulating its earnings.
Putnam ETF Etf Summary
Putnam ETF competes with Vanguard Industrials, Vanguard Consumer, Vanguard Materials, Vanguard Health, and Vanguard Consumer. The fund invests mainly in exchange-traded business development companies . Putnam Bdc is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US7467295082 |
| CUSIP | 746729508 |
| Region | North America |
| Investment Issuer | Putnam Investments |
| Etf Family | Putnam |
| Fund Category | Sector |
| Portfolio Concentration | Financials |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Putnam ETF Key Financial Ratios
Putnam Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Putnam ETF's current stock value. Our valuation model uses many indicators to compare Putnam ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Putnam ETF competition to find correlations between indicators driving Putnam ETF's intrinsic value. More Info.Putnam ETF Trust is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 32.50 of One Year Return per Beta. 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 Putnam ETF's earnings, one of the primary drivers of an investment's value.Putnam ETF Trust Systematic Risk
Putnam ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Putnam ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Putnam ETF Trust correlated with the market. If Beta is less than 0 Putnam ETF generally moves in the opposite direction as compared to the market. If Putnam ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putnam ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putnam ETF is generally in the same direction as the market. If Beta > 1 Putnam ETF moves generally in the same direction as, but more than the movement of the benchmark.
About Putnam ETF Financials
What exactly are Putnam ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Putnam ETF's income statement, its balance sheet, and the statement of cash flows. Potential Putnam ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Putnam ETF investors may use each financial statement separately, they are all related. The changes in Putnam ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Putnam ETF'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.Putnam ETF Thematic Clasifications
Putnam ETF Trust is part of several thematic ideas from Sector ETFs to Financials ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasPutnam ETF December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Putnam ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Putnam ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putnam ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Putnam Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putnam ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5856 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.83 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.12 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Putnam ETF Trust is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam ETF's value that differs from its market value or its book value, called intrinsic value, which is Putnam ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam ETF's market value can be influenced by many factors that don't directly affect Putnam ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam ETF'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.