Putnam Etf Trust Etf Performance
| PBDC Etf | USD 34.72 0.15 0.43% |
The etf holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Putnam ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam ETF is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Putnam ETF Trust are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound fundamental indicators, Putnam ETF is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Putnam |
Putnam ETF Relative Risk vs. Return Landscape
If you would invest 3,379 in Putnam ETF Trust on December 21, 2024 and sell it today you would earn a total of 93.00 from holding Putnam ETF Trust or generate 2.75% return on investment over 90 days. Putnam ETF Trust is currently generating 0.0493% in daily expected returns and assumes 0.9029% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Putnam, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Putnam ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Putnam ETF Trust, and traders can use it to determine the average amount a Putnam ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0546
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PBDC |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.05 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Putnam ETF is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam ETF by adding it to a well-diversified portfolio.
Putnam ETF Fundamentals Growth
Putnam Etf prices reflect investors' perceptions of the future prospects and financial health of Putnam ETF, and Putnam ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Putnam Etf performance.
About Putnam ETF Performance
By analyzing Putnam ETF's fundamental ratios, stakeholders can gain valuable insights into Putnam ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Putnam ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Putnam ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests mainly in exchange-traded business development companies . Putnam Bdc is traded on NYSEARCA Exchange in the United States.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Putnam ETF Trust is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam ETF's value that differs from its market value or its book value, called intrinsic value, which is Putnam ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam ETF's market value can be influenced by many factors that don't directly affect Putnam ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam ETF'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.