Putnam Income Fund Market Value

PINCX Fund  USD 5.08  0.01  0.20%   
Putnam Income's market value is the price at which a share of Putnam Income trades on a public exchange. It measures the collective expectations of Putnam Income Fund investors about its performance. Putnam Income is trading at 5.08 as of the 1st of March 2025; that is 0.20 percent up since the beginning of the trading day. The fund's open price was 5.07.
With this module, you can estimate the performance of a buy and hold strategy of Putnam Income Fund and determine expected loss or profit from investing in Putnam Income over a given investment horizon. Check out Putnam Income Correlation, Putnam Income Volatility and Putnam Income Alpha and Beta module to complement your research on Putnam Income.
Symbol

Please note, there is a significant difference between Putnam Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Putnam Income '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 Income'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 Income.
0.00
01/30/2025
No Change 0.00  0.0 
In 31 days
03/01/2025
0.00
If you would invest  0.00  in Putnam Income on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Putnam Income Fund or generate 0.0% return on investment in Putnam Income over 30 days. Putnam Income is related to or competes with George Putnam, Putnam Equity, Putnam International, Putnam Dynamic, and Putnam Dynamic. The fund invest mainly in bonds that are securitized debt instruments and related derivative instruments, and other obli... More

Putnam Income 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 Income'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 Income Fund upside and downside potential and time the market with a certain degree of confidence.

Putnam Income Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Income's standard deviation. In reality, there are many statistical measures that can use Putnam Income historical prices to predict the future Putnam Income's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Putnam Income's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.785.085.38
Details
Intrinsic
Valuation
LowRealHigh
4.765.065.36
Details
Naive
Forecast
LowNextHigh
4.815.115.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.045.075.10
Details

Putnam Income Backtested Returns

At this stage we consider Putnam Mutual Fund to be very steady. Putnam Income maintains Sharpe Ratio (i.e., Efficiency) of 0.0346, which implies the entity had a 0.0346 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Putnam Income, which you can use to evaluate the volatility of the fund. Please check Putnam Income's Coefficient Of Variation of 896.11, semi deviation of 0.1656, and Risk Adjusted Performance of 0.0677 to confirm if the risk estimate we provide is consistent with the expected return of 0.0103%. The fund holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, Putnam Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam Income is expected to be smaller as well.

Auto-correlation

    
  0.07  

Virtually no predictability

Putnam Income Fund has virtually no predictability. Overlapping area represents the amount of predictability between Putnam Income time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 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 Income price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Putnam Income price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.0

Putnam Income lagged returns against current returns

Autocorrelation, which is Putnam Income 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 Income's mutual fund expected returns. We can calculate the autocorrelation of Putnam Income returns to help us make a trade decision. For example, suppose you find that Putnam Income 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 Income 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 Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam Income 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 Income mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Putnam Income Lagged Returns

When evaluating Putnam Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam Income mutual fund have on its future price. Putnam Income 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 Income autocorrelation shows the relationship between Putnam Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Putnam Income Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Putnam Mutual Fund

Putnam Income 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 Income security.
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