Putnam High Income Fund Technical Analysis
| PCF Fund | USD 6.78 0.03 0.44% |
As of the 29th of November, Putnam High holds the Semi Deviation of 0.3421, coefficient of variation of 697.49, and Risk Adjusted Performance of 0.1046. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Putnam High, as well as the relationship between them. Please check Putnam High Income value at risk, as well as the relationship between the semi variance and kurtosis to decide if Putnam High Income is priced some-what accurately, providing market reflects its current price of 6.78 per share.
Putnam High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Putnam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PutnamPutnam |
Putnam High technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Putnam High Income Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Putnam High Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Putnam High Income Trend Analysis
Use this graph to draw trend lines for Putnam High Income. You can use it to identify possible trend reversals for Putnam High as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Putnam High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Putnam High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Putnam High Income applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that Putnam High Income will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.4, which is the sum of squared deviations for the predicted Putnam High price change compared to its average price change.About Putnam High Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Putnam High Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Putnam High Income based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Putnam High Income price pattern first instead of the macroeconomic environment surrounding Putnam High Income. By analyzing Putnam High's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Putnam High's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Putnam High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Putnam High November 29, 2024 Technical Indicators
Most technical analysis of Putnam help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Putnam from various momentum indicators to cycle indicators. When you analyze Putnam charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1046 | |||
| Market Risk Adjusted Performance | 0.4551 | |||
| Mean Deviation | 0.3877 | |||
| Semi Deviation | 0.3421 | |||
| Downside Deviation | 0.4837 | |||
| Coefficient Of Variation | 697.49 | |||
| Standard Deviation | 0.5035 | |||
| Variance | 0.2535 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | 0.0461 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.4451 | |||
| Maximum Drawdown | 2.1 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.9009 | |||
| Downside Variance | 0.234 | |||
| Semi Variance | 0.1171 | |||
| Expected Short fall | (0.47) | |||
| Skewness | 0.0861 | |||
| Kurtosis | 0.5708 |
Other Information on Investing in Putnam Fund
Putnam High financial ratios help investors to determine whether Putnam 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 High security.
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