Putnam International Equity Fund Market Value
| PIERX Fund | USD 26.45 0.01 0.04% |
| Symbol | PUTNAM |
Putnam International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Putnam International's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Putnam International.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Putnam International on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Putnam International Equity or generate 0.0% return on investment in Putnam International over 30 days. Putnam International is related to or competes with 1919 Financial, Vanguard Financials, Fidelity Advisor, Davis Financial, Icon Financial, and Fidelity Advisor. The fund invests mainly in common stocks of large and midsize companies outside the United States that the advisor belie... More
Putnam International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Putnam International's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Putnam International Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.18 |
Putnam International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam International's standard deviation. In reality, there are many statistical measures that can use Putnam International historical prices to predict the future Putnam International's volatility.| Risk Adjusted Performance | 0.023 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | 0.0238 | |||
| Sortino Ratio | 0.0208 | |||
| Treynor Ratio | 0.0453 |
Putnam International Backtested Returns
At this stage we consider PUTNAM Mutual Fund to be very steady. Putnam International maintains Sharpe Ratio (i.e., Efficiency) of 0.0288, which implies the entity had a 0.0288 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Putnam International, which you can use to evaluate the volatility of the fund. Please check Putnam International's Coefficient Of Variation of 3470.52, semi deviation of 1.0, and Risk Adjusted Performance of 0.023 to confirm if the risk estimate we provide is consistent with the expected return of 0.0259%. The fund holds a Beta of 0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Putnam International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam International is expected to be smaller as well.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Putnam International Equity has insignificant reverse predictability. Overlapping area represents the amount of predictability between Putnam International time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Putnam International price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Putnam International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Putnam International lagged returns against current returns
Autocorrelation, which is Putnam International mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Putnam International's mutual fund expected returns. We can calculate the autocorrelation of Putnam International returns to help us make a trade decision. For example, suppose you find that Putnam International has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Putnam International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Putnam International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Putnam International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Putnam International Lagged Returns
When evaluating Putnam International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam International mutual fund have on its future price. Putnam International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Putnam International autocorrelation shows the relationship between Putnam International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Putnam International Equity.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in PUTNAM Mutual Fund
Putnam International 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 International security.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |