Putnam Multi Cap Value Fund Market Value
| PMVAX Fund | USD 18.37 0.04 0.22% |
| Symbol | Putnam |
Putnam Multi-cap '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 Multi-cap'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 Multi-cap.
| 12/23/2024 |
| 03/23/2025 |
If you would invest 0.00 in Putnam Multi-cap on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Putnam Multi Cap Value or generate 0.0% return on investment in Putnam Multi-cap over 90 days. Putnam Multi-cap is related to or competes with Oil Gas, Energy Basic, Hennessy, Thrivent Natural, Goehring Rozencwajg, Adams Natural, and Franklin Natural. The fund invests mainly in common stocks of U.S More
Putnam Multi-cap 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 Multi-cap'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 Multi Cap Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.73 |
Putnam Multi-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Multi-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Multi-cap's standard deviation. In reality, there are many statistical measures that can use Putnam Multi-cap historical prices to predict the future Putnam Multi-cap's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 1.79 |
Putnam Multi Cap Backtested Returns
Putnam Multi Cap 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 Multi Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Multi-cap's Variance of 1.84, coefficient of variation of (874.63), and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The fund holds a Beta of -0.0926, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Putnam Multi-cap are expected to decrease at a much lower rate. During the bear market, Putnam Multi-cap is likely to outperform the market.
Auto-correlation | -0.87 |
Excellent reverse predictability
Putnam Multi Cap Value has excellent reverse predictability. Overlapping area represents the amount of predictability between Putnam Multi-cap time series from 23rd of December 2024 to 6th of February 2025 and 6th of February 2025 to 23rd 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 Multi Cap price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Putnam Multi-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 1.77 |
Putnam Multi Cap lagged returns against current returns
Autocorrelation, which is Putnam Multi-cap 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 Multi-cap's mutual fund expected returns. We can calculate the autocorrelation of Putnam Multi-cap returns to help us make a trade decision. For example, suppose you find that Putnam Multi-cap 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 Multi-cap 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 Multi-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam Multi-cap 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 Multi-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Putnam Multi-cap Lagged Returns
When evaluating Putnam Multi-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam Multi-cap mutual fund have on its future price. Putnam Multi-cap 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 Multi-cap autocorrelation shows the relationship between Putnam Multi-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Putnam Multi Cap Value.
Regressed Prices |
| Timeline |
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| ATS | AT S Austria |
Other Information on Investing in Putnam Mutual Fund
Putnam Multi-cap 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 Multi-cap security.
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