Putnam International Capital Fund Technical Analysis
| PICOX Fund | USD 39.72 0.17 0.43% |
As of the 16th of April 2024, Putnam International holds the Semi Deviation of 0.644, coefficient of variation of 1713.34, and Risk Adjusted Performance of 0.0374. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Putnam International, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Putnam International, which can be compared to its competitors. Please check Putnam International jensen alpha and semi variance to decide if Putnam International is priced some-what accurately, providing market reflects its current price of 39.72 per share.
Putnam International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Putnam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PutnamPutnam |
Putnam International 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.
Putnam International Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Putnam International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Putnam International Trend Analysis
Use this graph to draw trend lines for Putnam International Capital. You can use it to identify possible trend reversals for Putnam International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Putnam International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Putnam International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Putnam International Capital applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Putnam International Capital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 39.54, which is the sum of squared deviations for the predicted Putnam International price change compared to its average price change.About Putnam International Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Putnam International Capital on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Putnam International Capital based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Putnam International price pattern first instead of the macroeconomic environment surrounding Putnam International. By analyzing Putnam International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Putnam International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Putnam International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Putnam International April 16, 2024 Technical Indicators
Most technical analysis of Putnam 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0374 | |||
| Market Risk Adjusted Performance | 0.0442 | |||
| Mean Deviation | 0.5406 | |||
| Semi Deviation | 0.644 | |||
| Downside Deviation | 0.6855 | |||
| Coefficient Of Variation | 1713.34 | |||
| Standard Deviation | 0.6812 | |||
| Variance | 0.464 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0342 | |||
| Maximum Drawdown | 3.31 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.04 | |||
| Downside Variance | 0.4699 | |||
| Semi Variance | 0.4147 | |||
| Expected Short fall | (0.60) | |||
| Skewness | (0.41) | |||
| Kurtosis | 0.3028 |
Putnam International One Year Return
Based on the recorded statements, Putnam International Capital has an One Year Return of 9.7898%. This is 39.23% lower than that of the Putnam family and significantly higher than that of the Foreign Small/Mid Blend category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam International Capital. 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 persons. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.