Putnam Short Duration Fund Price on November 29, 2019
| PSDQX Fund | USD 10.09 0.00 0.00% |
Below is the normalized historical share price chart for Putnam Short Duration extending back to July 02, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Putnam Short stands at 10.09, as last reported on the 25th of April, with the highest price reaching 10.09 and the lowest price hitting 10.09 during the day.
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. We consider Putnam Short very steady. Putnam Short Duration maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Putnam Short Duration, which you can use to evaluate the volatility of the fund. Please check Putnam Short's Downside Deviation of 0.1062, standard deviation of 0.1033, and Risk Adjusted Performance of 0.0594 to confirm if the risk estimate we provide is consistent with the expected return of 0.0194%.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = 0.1843
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Based on monthly moving average Putnam Short is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam Short by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Putnam Short Mutual Fund history
Putnam Short investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Putnam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Putnam Short Duration will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Putnam Short stock prices may prove useful in developing a viable investing in Putnam Short
The fund invests in a diversified portfolio of fixed income securities comprised of short duration, investment-grade money market and other fixed income securities. It may also invest in U.S. dollar-denominated foreign securities of these types. Under normal circumstances, the effective duration of the funds portfolio will generally not be greater than one year.
Putnam Short Mutual Fund Technical Analysis
Putnam Short technical mutual 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.
Price Boundaries
Putnam Short Period Price Range
Putnam Short April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Short mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam Short shares will generate the highest return on investment. By undertsting and applying Putnam Short mutual fund market strength indicators, traders can identify Putnam Short Duration entry and exit signals to maximize returns
Putnam Short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Short's price direction in advance. Along with the technical and fundamental analysis of Putnam Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Putnam to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0594 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.73) | |||
| Treynor Ratio | 0.2159 |
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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 producer price index. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.