Putnam Multi Cap Growth Fund Market Value

PNORX Fund  USD 114.72  1.90  1.68%   
Putnam Multi's market value is the price at which a share of Putnam Multi trades on a public exchange. It measures the collective expectations of Putnam Multi Cap Growth investors about its performance. Putnam Multi is trading at 114.72 as of the 1st of March 2025; that is 1.68 percent up since the beginning of the trading day. The fund's open price was 112.82.
With this module, you can estimate the performance of a buy and hold strategy of Putnam Multi Cap Growth and determine expected loss or profit from investing in Putnam Multi over a given investment horizon. Check out Putnam Multi Correlation, Putnam Multi Volatility and Putnam Multi Alpha and Beta module to complement your research on Putnam Multi.
Symbol

Please note, there is a significant difference between Putnam Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Multi'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 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.
0.00
01/30/2025
No Change 0.00  0.0 
In 30 days
03/01/2025
0.00
If you would invest  0.00  in Putnam Multi on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Putnam Multi Cap Growth or generate 0.0% return on investment in Putnam Multi over 30 days. Putnam Multi is related to or competes with Fidelity Advisor, Fidelity Advisor, Icon Financial, Davis Financial, Rmb Mendon, Vanguard Financials, and Mesirow Financial. The fund mainly invests 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 Growth upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
113.30114.72116.14
Details
Intrinsic
Valuation
LowRealHigh
103.25116.62118.04
Details
Naive
Forecast
LowNextHigh
111.22112.64114.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
113.75117.28120.82
Details

Putnam Multi Cap Backtested Returns

Putnam Multi Cap maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the entity had a -0.14 % 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's Variance of 1.87, risk adjusted performance of (0.08), and Coefficient Of Variation of (884.88) to confirm the risk estimate we provide. The fund holds a Beta of 0.69, 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

    
  -0.17  

Insignificant reverse predictability

Putnam Multi Cap Growth has insignificant reverse predictability. Overlapping area represents the amount of predictability between Putnam Multi 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 Multi Cap price movement. The serial correlation of -0.17 indicates that over 17.0% of current Putnam Multi price fluctuation can be explain by its past prices.
Correlation Coefficient-0.17
Spearman Rank Test0.18
Residual Average0.0
Price Variance4.16

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 Growth.
   Regressed Prices   
       Timeline  

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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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