Putnam Ultra Financials
| PSDNX Fund | USD 10.11 0.01 0.1% |
Putnam |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Putnam Ultra Fund Summary
Putnam Ultra competes with Nuveen Minnesota, T Rowe, Pace Municipal, T Rowe, and Nuveen Arizona. The fund invests in a diversified portfolio of fixed income securities comprised of short duration, investment-grade money market and other fixed income securities. It may also invest in U.S. dollar-denominated foreign securities of these types. Under normal circumstances, the effective duration of the funds portfolio will generally not be greater than one year.Specialization | Ultrashort Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Putnam Funds Trust |
| Mutual Fund Family | Putnam |
| Mutual Fund Category | Ultrashort Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 225 1581 |
| Currency | USD - US Dollar |
Putnam Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Putnam Ultra's current stock value. Our valuation model uses many indicators to compare Putnam Ultra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Putnam Ultra competition to find correlations between indicators driving Putnam Ultra's intrinsic value. More Info.Putnam Ultra Short is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 2,402 of Year To Date Return per Annual Yield. 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 Ultra's earnings, one of the primary drivers of an investment's value.Putnam Ultra Short Systematic Risk
Putnam Ultra's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Putnam Ultra 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 Ultra Short correlated with the market. If Beta is less than 0 Putnam Ultra generally moves in the opposite direction as compared to the market. If Putnam Ultra Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putnam Ultra Short is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putnam Ultra is generally in the same direction as the market. If Beta > 1 Putnam Ultra moves generally in the same direction as, but more than the movement of the benchmark.
Putnam Ultra November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Putnam Ultra help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Putnam Ultra Short. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putnam Ultra Short based on widely used predictive technical indicators. In general, we focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putnam Ultra's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.107 | |||
| Information Ratio | (1.03) | |||
| Maximum Drawdown | 0.6005 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.0997 |
Other Information on Investing in Putnam Mutual Fund
Putnam Ultra financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Ultra security.
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