Putnam Asia Pacific Fund Price on October 18, 2024
PAPAX Fund | USD 9.83 0.01 0.10% |
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 Asia stands at 9.83, as last reported on the 28th of December, with the highest price reaching 9.83 and the lowest price hitting 9.83 during the day. Putnam Asia Pacific maintains Sharpe Ratio (i.e., Efficiency) of -0.0743, which implies the entity had a -0.0743% return per unit of risk over the last 3 months. Putnam Asia Pacific exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Asia's Variance of 0.1983, coefficient of variation of (1,435), and Risk Adjusted Performance of (0.06) 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 = -0.0743
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Estimated Market Risk
0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Putnam Asia 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 Asia by adding Putnam Asia to a well-diversified portfolio.
Putnam Asia Valuation on October 18, 2024
It is possible to determine the worth of Putnam Asia on a given historical date. On October 18, 2024 Putnam was worth 10.1 at the beginning of the trading date compared to the closed value of 10.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Asia mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Asia'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 Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Asia's related companies.
Open | High | Low | Close | Volume | |
10.09 | 10.09 | 10.09 | 10.09 | 1.00 | |
10/18/2024 | 10.10 | 10.10 | 10.10 | 10.10 | 1.00 |
10.10 | 10.10 | 10.10 | 10.10 | 1.00 |
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Putnam Asia Trading Date Momentum on October 18, 2024
On October 21 2024 Putnam Asia Pacific was traded for 10.10 at the closing time. The highest daily price throughout the period was 10.10 and the lowest price was 10.10 . There was no trading activity during the period 1.0. Lack of trading volume on 10/21/2024 did not cause price change. The trading delta at closing time to current closing price is 0.10% . |
Putnam Asia Pacific Fundamentals Correlations and Trends
By evaluating Putnam Asia'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 Asia'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 Asia Mutual Fund history
Putnam Asia 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 Asia Pacific 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 Asia stock prices may prove useful in developing a viable investing in Putnam Asia
The Advisor intends to utilize two principal investment strategies 1 a premium collection strategy involving sale or purchase of put options on the SP 500 Index and 2 investing in fixed income securities. Under normal market conditions, the adviser intends to allocate between 30 percent to 100 percent of the funds net assets to the premium collection strategy at any given time. It may also invest a substantial portion of its assets in U.S. Treasury bonds, high-quality short-term debt securities and money market instruments, to maintain liquidity for shareholder redemptions, or to respond to adverse conditions.
Putnam Asia Mutual Fund Technical Analysis
Putnam Asia 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 Asia Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Putnam Asia Pacific 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 Asia December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Asia 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 Asia shares will generate the highest return on investment. By undertsting and applying Putnam Asia mutual fund market strength indicators, traders can identify Putnam Asia Pacific entry and exit signals to maximize returns
Putnam Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Asia'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 | (0.06) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 1.94 |
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Volume Indicators |
Other Information on Investing in Putnam Mutual Fund
Putnam Asia 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 Asia security.
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