Putnam High Income Fund Probability of Future Fund Price Finishing Over 9.47

PCF Fund  USD 6.77  0.06  0.89%   
Putnam High's future price is the expected price of Putnam High instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Putnam High Income performance during a given time horizon utilizing its historical volatility. 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.
  
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Putnam High Target Price Odds to finish over 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 PriceHorizonTarget PriceOdds to move over $ 9.47  or more in 90 days
 6.77 90 days 9.47 
close to zero percent
Based on a normal probability distribution, the odds of Putnam High to move over $ 9.47  or more in 90 days from now is close to zero percent (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 $ 6.77  and $ 9.47  at the end of the 90-day period is about 6.68 .
Considering the 90-day investment horizon Putnam High has a beta of 0.33 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 an alpha of 0.0864, implying that it can generate a 0.0864 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   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.
Hype
Prediction
LowEstimatedHigh
5.616.777.93
Details
Intrinsic
Valuation
LowRealHigh
5.556.717.87
Details
Naive
Forecast
LowNextHigh
5.636.787.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.596.706.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putnam High. Your research has to be compared to or analyzed against Putnam High's peers to derive any actionable benefits. When done correctly, Putnam High's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Putnam High Me.

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
0.09
β
Beta against NYSE Composite0.33
σ
Overall volatility
0.20
Ir
Information ratio 0

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Putnam High in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Putnam High's short interest history, or implied volatility extrapolated from Putnam High options trading.
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Putnam Fund analysis

When running Putnam High's price analysis, check to measure Putnam High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam High is operating at the current time. Most of Putnam High's value examination focuses on studying past and present price action to predict the probability of Putnam High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Putnam High's price. Additionally, you may evaluate how the addition of Putnam High to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Putnam High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam High'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.