Putnam Ultra Short Fund Manager Performance Evaluation
| PSDNX Fund | USD 10.07 0.01 0.1% |
The fund holds a Beta of 0.0507, which implies not very significant fluctuations relative to the market. As returns on the market increase, Putnam Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam Ultra is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Putnam Ultra Short are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Putnam Ultra is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5700 |
Putnam |
Putnam Ultra Relative Risk vs. Return Landscape
If you would invest 995.00 in Putnam Ultra Short on January 26, 2024 and sell it today you would earn a total of 12.00 from holding Putnam Ultra Short or generate 1.21% return on investment over 90 days. Putnam Ultra Short is currently producing 0.0194% returns and takes up 0.1172% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Putnam, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Putnam Ultra Current Valuation
Overvalued
Today
Please note that Putnam Ultra's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Putnam Ultra Short holds a recent Real Value of $9.25 per share. The prevailing price of the fund is $10.07. We determine the value of Putnam Ultra Short from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Putnam Ultra Short is useful when determining the fair value of the Putnam mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Putnam Ultra. Since Putnam Ultra is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Putnam Mutual Fund. However, Putnam Ultra's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.07 | Real 9.25 | Hype 10.07 | Naive 10.07 |
The real value of Putnam Mutual Fund, also known as its intrinsic value, is the underlying worth of Putnam Ultra Short Mutual Fund, which is reflected in its stock price. It is based on Putnam Ultra's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Putnam Ultra's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Putnam Ultra's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Putnam Ultra Short helps investors to forecast how Putnam mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Putnam Ultra more accurately as focusing exclusively on Putnam Ultra's fundamentals will not take into account other important factors: Putnam Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Ultra's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Putnam Ultra Short, and traders can use it to determine the average amount a Putnam Ultra's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1656
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PSDNX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 12 88% of assets perform better |
Based on monthly moving average Putnam Ultra is performing at about 12% 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 Ultra by adding it to a well-diversified portfolio.
Putnam Ultra Fundamentals Growth
Putnam Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Putnam Ultra, and Putnam Ultra fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Putnam Mutual Fund performance.
| Total Asset | 15.57 B | ||||
About Putnam Ultra Performance
To evaluate Putnam Ultra Short Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Putnam Ultra generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Putnam Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Putnam Ultra Short market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Putnam's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Putnam Ultra Short performance evaluation
Checking the ongoing alerts about Putnam Ultra for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Putnam Ultra Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 35.43% of its assets in cash |
- Analyzing Putnam Ultra's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Putnam Ultra's stock is overvalued or undervalued compared to its peers.
- Examining Putnam Ultra's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Putnam Ultra's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Putnam Ultra's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Putnam Ultra's mutual fund. These opinions can provide insight into Putnam Ultra's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Ultra Short. 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 board of governors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..