Putnam Global Technology Fund Price on May 26, 3020

PGTDX Fund  USD 59.19  1.05  1.81%   
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 Global stands at 59.19, as last reported on the 4th of January, with the highest price reaching 59.19 and the lowest price hitting 59.19 during the day. Putnam Global Technology maintains Sharpe Ratio (i.e., Efficiency) of -0.0582, which implies the entity had a -0.0582% return per unit of risk over the last 3 months. Putnam Global Technology exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Global's Variance of 1.87, coefficient of variation of (1,718), and Risk Adjusted Performance of (0.04) 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.

Sharpe Ratio = -0.0582

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Estimated Market Risk

 1.37
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Putnam Global 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 Global by adding Putnam Global to a well-diversified portfolio.

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Putnam Global Mutual Fund history

Putnam Global 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 Global Technology 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 Global stock prices may prove useful in developing a viable investing in Putnam Global
The fund invests mainly in common stocks of large and midsize companies worldwide that the manager believes have favorable investment potential. Putnam Global is traded on NASDAQ Exchange in the United States.

Putnam Global Mutual Fund Technical Analysis

Putnam Global 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.
A focus of Putnam Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Putnam Global Period Price Range

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January 4, 2025
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Putnam Global Technology 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 Global January 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Putnam Global 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 Global shares will generate the highest return on investment. By undertsting and applying Putnam Global mutual fund market strength indicators, traders can identify Putnam Global Technology entry and exit signals to maximize returns

Putnam Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Putnam Global'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.

Other Information on Investing in Putnam Mutual Fund

Putnam Global 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 Global security.
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