Putnam High Income Fund Probability of Future Fund Price Finishing Under 9.47
| PCF Fund | USD 6.25 0.09 1.42% |
Putnam |
Putnam High Target Price Odds to finish below 9.47
The tendency of Putnam Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 9.47 after 90 days |
| 6.25 | 90 days | 9.47 | close to 99 |
Based on a normal probability distribution, the odds of Putnam High to stay under $ 9.47 after 90 days from now is close to 99 (This Putnam High Income probability density function shows the probability of Putnam Fund to fall within a particular range of prices over 90 days) . Probability of Putnam High Me price to stay between its current price of $ 6.25 and $ 9.47 at the end of the 90-day period is about 91.76 .
Considering the 90-day investment horizon Putnam High has a beta of 0.5 indicating as returns on the market go up, Putnam High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Putnam High Income will be expected to be much smaller as well. Additionally Putnam High Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Putnam High Price Density |
| Price |
Predictive Modules for Putnam High
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Putnam High Me. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Putnam High's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Putnam High Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Putnam High is not an exception. The market had few large corrections towards the Putnam High's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Putnam High Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Putnam High within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.50 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.05 |
Putnam High Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Putnam High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Putnam High Me can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: High Income Securities Fund Announces Dividend Increase - 0.06 Per Share - MarketBeat |
Putnam High Technical Analysis
Putnam High's future price can be derived by breaking down and analyzing its technical indicators over time. Putnam Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putnam High Income. In general, you should focus on analyzing Putnam Fund price patterns and their correlations with different microeconomic environments and drivers.
Putnam High Predictive Forecast Models
Putnam High's time-series forecasting models is one of many Putnam High's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Putnam High's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Things to note about Putnam High Me
Checking the ongoing alerts about Putnam High for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Putnam High Me help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: High Income Securities Fund Announces Dividend Increase - 0.06 Per Share - MarketBeat |
Check out Putnam High Backtesting, Portfolio Optimization, Putnam High Correlation, Putnam High Hype Analysis, Putnam High Volatility, Putnam High History as well as Putnam High Performance. Note that the Putnam High Me information on this page should be used as a complementary analysis to other Putnam High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.