Putnam Mutual Fund Technical Analysis

PSDTX Fund  USD 10.02  0.01  0.1%   
As of the 30th of January, Putnam Short holds the coefficient of variation of 324.07, and Risk Adjusted Performance of 0.1803. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Putnam Short, 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 interpolate and analyze data for nineteen technical drivers for Putnam Short Duration, which can be compared to its competitors. Please check Putnam Short Duration jensen alpha and semi variance to decide if Putnam Short Duration is priced some-what accurately, providing market reflects its current price of 10.02 per share.

Putnam Short 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 Putnam
Putnam Short's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of Putnam Short technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putnam Short trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Putnam Short Duration Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Short Duration volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Putnam Short Duration Trend Analysis

Use this graph to draw trend lines for Putnam Short Duration. You can use it to identify possible trend reversals for Putnam Short 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 Short price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Putnam Short Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Putnam Short Duration applied against its price change over selected period. The best fit line has a slop of   0.00229  , which means Putnam Short Duration will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Putnam Short price change compared to its average price change.

About Putnam Short 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 Short Duration 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 Short Duration based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Putnam Short Duration price pattern first instead of the macroeconomic environment surrounding Putnam Short Duration. By analyzing Putnam Short'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 Short'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 Short specific price patterns or momentum indicators. Please read more on our technical analysis page.

Putnam Short January 30, 2023 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.

Putnam Short Duration One Year Return

Based on the recorded statements, Putnam Short Duration has an One Year Return of 1.9%. This is 88.21% lower than that of the Putnam family and significantly higher than that of the Ultrashort Bond 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.
Please check Your Equity Center. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for analysis

When running Putnam Short Duration price analysis, check to measure Putnam Short's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam Short is operating at the current time. Most of Putnam Short's value examination focuses on studying past and present price action to predict the probability of Putnam Short's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Putnam Short's price. Additionally, you may evaluate how the addition of Putnam Short to your portfolios can decrease your overall portfolio volatility.
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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 Putnam Short value 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.