Putnam Short Duration Fund Statistic Functions Beta

PSDTX Fund  USD 10.08  0.00  0.00%   
Putnam Short statistic functions tool provides the execution environment for running the Beta function and other technical functions against Putnam Short. Putnam Short value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Putnam Short statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Putnam Short Duration correlated with the market. If Beta is less than 0 Putnam Short generally moves in the opposite direction as compared to the market. If Putnam Short Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putnam Short Duration is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putnam Short is generally in the same direction as the market. If Beta > 1 Putnam Short moves generally in the same direction as, but more than the movement of the benchmark.

Putnam Short Technical Analysis Modules

Most technical analysis of Putnam Short 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Putnam Short Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putnam Short Duration. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putnam Short Duration based on widely used predictive technical indicators. In general, we focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putnam Short's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Putnam Short's intrinsic value. In addition to deriving basic predictive indicators for Putnam Short, we also check how macroeconomic factors affect Putnam Short price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Putnam Short'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
9.9710.0810.19
Details
Intrinsic
Valuation
LowRealHigh
9.9610.0710.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putnam Short. Your research has to be compared to or analyzed against Putnam Short's peers to derive any actionable benefits. When done correctly, Putnam Short'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 Short Duration.

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Short Duration. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between Putnam Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Short'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.