Putnam Multi Cap Value Fund Market Value
| PMVAX Fund | USD 21.25 0.34 1.63% |
| Symbol | Putnam |
Putnam Multi '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'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.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Putnam Multi 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 over 30 days. Putnam Multi is related to or competes with Growth Fund, Locorr Dynamic, Rational Strategic, Small Cap, Delaware Limited, Lord Abbett, and Tax-managed. The fund invests mainly in common stocks of U.S More
Putnam Multi 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'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 | 13.68 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.63 |
Putnam Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Multi's standard deviation. In reality, there are many statistical measures that can use Putnam Multi historical prices to predict the future Putnam Multi's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.20) |
Putnam Multi Cap Backtested Returns
Putnam Multi Cap maintains Sharpe Ratio (i.e., Efficiency) of -0.0404, which implies the entity had a -0.0404 % return per unit of risk over the last 3 months. Putnam Multi Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Multi's Risk Adjusted Performance of (0.04), coefficient of variation of (1,978), and Variance of 2.94 to confirm the risk estimate we provide. The fund holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Putnam Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam Multi is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
Putnam Multi Cap Value has very weak predictability. Overlapping area represents the amount of predictability between Putnam Multi time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 0.18 indicates that over 18.0% of current Putnam Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Putnam Multi Cap lagged returns against current returns
Autocorrelation, which is Putnam Multi 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's mutual fund expected returns. We can calculate the autocorrelation of Putnam Multi returns to help us make a trade decision. For example, suppose you find that Putnam Multi 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam Multi 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 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Putnam Multi Lagged Returns
When evaluating Putnam Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam Multi mutual fund have on its future price. Putnam Multi 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 autocorrelation shows the relationship between Putnam Multi 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 |
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 Multi 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 security.
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