PUTNAM WT (Germany) Probability of Target Price Finishing Over Current Price

    PUF6 -- Germany ETF  

    EUR 10.23  0.03  0.29%

    PUTNAM WT probability of target price tool provides mechanism to make assumptions about upside and downside potential of PUTNAM WT TOT RETURN M EO performance during a given time horizon utilizing its historical volatility. Please specify PUTNAM WT time horizon, a valid symbol (red box) and a target price (blue box) you would like PUTNAM WT odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    PUTNAM WT Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.23 30 days 10.23  CLOSE TO 99%
    Based on normal probability distribution, the odds of PUTNAM WT to move above current price in 30 days from now is close to 99% (This PUTNAM WT TOT RETURN M EO probability density function shows the probability of PUTNAM WT ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PUTNAM WT TOT RETURN M EO has beta of -0.3782 . This implies as returns on benchmark increase, returns on holding PUTNAM WT are expected to decrease at a much smaller rate. During bear market, however, PUTNAM WT TOT RETURN M EO is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. PUTNAM WT TOT is significantly underperforming DOW.
     PUTNAM WT Price Density 
          Price 
    α
    Alpha over DOW
    =0.23
    β
    Beta against DOW=0.38
    σ
    Overall volatility
    =0.14
    Ir
    Information ratio =0.33

    PUTNAM WT Alerts

    PUTNAM WT Alerts and Suggestions

    PUTNAM WT TOT is not yet fully synchronised with the market data
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