Use George Putnam to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of George Putnam to be traded at $16.83 in 30 days
George Putnam Daily Price Distribution
The median price of George Putnam for the period between Fri, Aug 26, 2016 and Sun, Sep 25, 2016 is 17.31 with a coefficient of variation of 0.58. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 17.29, and mean deviation of 0.07. The Fund did not receive any noticable media coverage during the period.
George Putnam Summary
George Putnam Balanced C [PGPCX] is traded in USA and was established in July 26, 1999. The fund is listed under Allocation--50% to 70% Equity category and is part of Putnam family. This fund at this time has accumulated 1.23 B in assets with minimum initial investment of 500. George Putnam Balanced C is currently producing year-to-date (YTD) return of 5.47% with the current yeild of 0.48%, while the total return for the last 3 years was 14.07%.
George Putnam Balanced C has annual holdings turnover of about 130.0% suggesting active trading
This fund maintains roughly 35.23% of its assets in bonds
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Correlation analysis and pair trading evaluation for George Putnam and American Funds American. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return