Putnam Growth Net Asset vs. Ten Year Return
| PGODX Fund | USD 77.35 1.17 1.49% |
For Putnam Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Putnam Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Putnam Growth Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Putnam Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Putnam Growth Opportunities over time as well as its relative position and ranking within its peers.
Putnam |
Putnam Growth Opport Ten Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Putnam Growth's current stock value. Our valuation model uses many indicators to compare Putnam Growth value to that of its competitors to determine the firm's financial worth. Putnam Growth Opportunities is rated top fund in net asset among similar funds. It also is rated top fund in ten year return among similar funds . The ratio of Net Asset to Ten Year Return for Putnam Growth Opportunities is about 326,966,170 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putnam Growth's earnings, one of the primary drivers of an investment's value.Putnam Ten Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Putnam Growth |
| = | 5.41 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Putnam Growth |
| = | 16.55 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Putnam Ten Year Return Comparison
Putnam Growth is currently under evaluation in ten year return among similar funds.
Putnam Growth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Putnam Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Putnam Growth will eventually generate negative long term returns. The profitability progress is the general direction of Putnam Growth's change in net profit over the period of time. It can combine multiple indicators of Putnam Growth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund invests at least 80 percent of its net assets in companies of a size similar to those in the Russell 1000 Growth Index. The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Growth stocks are stocks of companies whose earnings are expected to grow faster than those of similar firms, and whose business growth and other characteristics may lead to an increase in stock price. The fund is non-diversified.
Putnam Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Putnam Growth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Putnam Growth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Putnam Growth's important profitability drivers and their relationship over time.
Use Putnam Growth in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Putnam Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Putnam Growth will appreciate offsetting losses from the drop in the long position's value.Putnam Growth Pair Trading
Putnam Growth Opportunities Pair Trading Analysis
The ability to find closely correlated positions to Putnam Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putnam Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Putnam Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Putnam Growth Opportunities to buy it.
The correlation of Putnam Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Putnam Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Growth Opport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Putnam Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Putnam Growth position
In addition to having Putnam Growth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.
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Other Information on Investing in Putnam Mutual Fund
To fully project Putnam Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Putnam Growth Opport at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Putnam Growth's income statement, its balance sheet, and the statement of cash flows.
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