Putnam Retirementready Maturity Fund Price on February 6, 2024
PACPX Fund | 16.52 0.08 0.48% |
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Putnam Retirementready stands at 16.52, as last reported on the 28th of December, with the highest price reaching 16.52 and the lowest price hitting 16.52 during the day. Putnam Retirementready maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the entity had a -0.11% return per unit of risk over the last 3 months. Putnam Retirementready exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Retirementready's Variance of 0.1079, coefficient of variation of (1,235), and Risk Adjusted Performance of (0.08) 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 = -0.1107
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Negative Returns | PACPX |
Estimated Market Risk
0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Putnam Retirementready 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 Retirementready by adding Putnam Retirementready to a well-diversified portfolio.
Putnam Retirementready Valuation on February 6, 2024
It is possible to determine the worth of Putnam Retirementready on a given historical date. On February 6, 2024 Putnam was worth 15.64 at the beginning of the trading date compared to the closed value of 15.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Retirementready mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Retirementready'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 Retirementready where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Retirementready's related companies.
Open | High | Low | Close | Volume | |
15.58 | 15.58 | 15.58 | 15.58 | 1.00 | |
02/06/2024 | 15.64 | 15.64 | 15.64 | 15.64 | 1.00 |
15.66 | 15.66 | 15.66 | 15.66 | 1.00 |
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Putnam Retirementready Trading Date Momentum on February 6, 2024
On February 07 2024 Putnam Retirementready Maturity was traded for 15.66 at the closing time. The highest daily price throughout the period was 15.66 and the lowest price was 15.66 . There was no trading activity during the period 1.0. Lack of trading volume on 02/07/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.13% . The trading delta at closing time to current closing price is 0.26% . |
About Putnam Retirementready Mutual Fund history
Putnam Retirementready 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 Retirementready 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 Retirementready stock prices may prove useful in developing a viable investing in Putnam Retirementready
The fund employs an asset allocation strategy designed for investors who are already in retirement or who plan to retire in the near future. It is designed to provide diversification among different asset classes by investing primarily its assets in ETFs that focus on investments with positive sustainability or ESG characteristics, referred to as underlying funds.
Putnam Retirementready Mutual Fund Technical Analysis
Putnam Retirementready 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 Retirementready Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Putnam Retirementready Maturity 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 Retirementready December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Retirementready 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 Retirementready shares will generate the highest return on investment. By undertsting and applying Putnam Retirementready mutual fund market strength indicators, traders can identify Putnam Retirementready Maturity entry and exit signals to maximize returns
Putnam Retirementready Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Retirementready'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 | (0.08) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 0.9973 |
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Pattern Recognition | ||
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Volume Indicators |
Other Information on Investing in Putnam Mutual Fund
Putnam Retirementready 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 Retirementready security.
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Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |