Putnam Dynamic Asset Fund Price on February 13, 2024
| PABAX Fund | USD 15.92 0.10 0.63% |
Below is the normalized historical share price chart for Putnam Dynamic Asset extending back to May 03, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Putnam Dynamic stands at 15.92, as last reported on the 22nd of December, with the highest price reaching 15.92 and the lowest price hitting 15.92 during the day.
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. Putnam Dynamic Asset maintains Sharpe Ratio (i.e., Efficiency) of -0.0888, which implies the entity had a -0.0888% return per unit of risk over the last 3 months. Putnam Dynamic Asset exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Dynamic's Risk Adjusted Performance of (0.07), coefficient of variation of (1,119), and Variance of 2.05 to confirm the risk estimate we provide.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = -0.0888
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| Negative Returns | PABAX |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Putnam Dynamic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam Dynamic by adding Putnam Dynamic to a well-diversified portfolio.
Putnam Dynamic Valuation on February 13, 2024
It is possible to determine the worth of Putnam Dynamic on a given historical date. On February 13, 2024 Putnam was worth 15.31 at the beginning of the trading date compared to the closed value of 15.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Dynamic mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Dynamic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Putnam Dynamic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Dynamic's related companies.
| Open | High | Low | Close | Volume | |
| 15.50 | 15.50 | 15.50 | 15.50 | 1.00 | |
02/13/2024 | 15.31 | 15.31 | 15.31 | 15.31 | 1.00 |
| 15.45 | 15.45 | 15.45 | 15.45 | 1.00 |
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Putnam Dynamic Trading Date Momentum on February 13, 2024
| On February 14 2024 Putnam Dynamic Asset was traded for 15.45 at the closing time. The highest daily price throughout the period was 15.45 and the lowest price was 15.45 . There was no trading activity during the period 1.0. Lack of trading volume on 02/14/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.91% . The trading delta at closing time to current closing price is 2.16% . |
Putnam Dynamic Asset Fundamentals Correlations and Trends
By evaluating Putnam Dynamic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Putnam Dynamic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Putnam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Putnam Dynamic Mutual Fund history
Putnam Dynamic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Putnam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Putnam Dynamic Asset will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Putnam Dynamic stock prices may prove useful in developing a viable investing in Putnam Dynamic
The fund allocates 45 percent to 75 percent of its assets in equities and 25 percent to 55 percent in fixed income securities. It invests mainly in equity securities of both U.S. and foreign companies of any size. The fund also invests in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments .
Putnam Dynamic Mutual Fund Technical Analysis
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, fund market cycles, or different charting patterns.
Price Boundaries
Putnam Dynamic Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Putnam Dynamic Asset cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Putnam Dynamic December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Dynamic 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 Dynamic shares will generate the highest return on investment. By undertsting and applying Putnam Dynamic mutual fund market strength indicators, traders can identify Putnam Dynamic Asset entry and exit signals to maximize returns
Putnam Dynamic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Dynamic's price direction in advance. Along with the technical and fundamental analysis of Putnam Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Putnam to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.39) |
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| Volume Indicators |
Other Information on Investing in Putnam Mutual Fund
Putnam Dynamic 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 Dynamic security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |