Putnam Return On Equity from 2010 to 2024
| PMO Stock | USD 10.69 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.03911699 | Current Value 0.032 | Quarterly Volatility 0.05366756 |
Check Putnam Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Putnam Municipal's main balance sheet or income statement drivers, such as Interest Expense of 603.8 K, Selling General Administrative of 438 K or Total Revenue of 19.2 M, as well as many indicators such as Price To Sales Ratio of 22.28, Ptb Ratio of 0.76 or Days Sales Outstanding of 238. Putnam financial statements analysis is a perfect complement when working with Putnam Municipal Valuation or Volatility modules.
Putnam | Return On Equity |
Latest Putnam Municipal's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Putnam Municipal Opportunities over the last few years. Return on Equity is the amount of Putnam Municipal Opp net income returned as a percentage of Putnam Municipal equity. Return on equity measures Putnam Municipal profitability by revealing how much profit Putnam Municipal Opportunities generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Putnam Municipal's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Putnam Municipal's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0204 | 10 Years Trend |
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Return On Equity |
| Timeline |
Putnam Return On Equity Regression Statistics
| Arithmetic Mean | 0.04 | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | 153.24 | |
| Mean Deviation | 0.04 | |
| Median | 0.04 | |
| Standard Deviation | 0.05 | |
| Sample Variance | 0 | |
| Range | 0.2322 | |
| R-Value | (0.30) | |
| Mean Square Error | 0 | |
| R-Squared | 0.09 | |
| Significance | 0.27 | |
| Slope | (0) | |
| Total Sum of Squares | 0.04 |
Putnam Return On Equity History
About Putnam Municipal Financial Statements
Putnam Municipal investors utilize fundamental indicators, such as Return On Equity, to predict how Putnam Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.04 | 0.03 |
Pair Trading with Putnam Municipal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Putnam Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Putnam Municipal will appreciate offsetting losses from the drop in the long position's value.Moving against Putnam Stock
| 0.45 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.42 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.41 | V | Visa Class A | PairCorr |
| 0.37 | AMP | Ameriprise Financial Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.35 | WAVS | Western Acquisition | PairCorr |
The ability to find closely correlated positions to Putnam Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putnam Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Putnam Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Putnam Municipal Opportunities to buy it.
The correlation of Putnam Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Putnam Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Municipal Opp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Putnam Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Putnam Municipal Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Municipal. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.619 | Earnings Share 0.59 | Revenue Per Share 0.632 | Quarterly Revenue Growth 0.105 |
The market value of Putnam Municipal Opp is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Municipal's value that differs from its market value or its book value, called intrinsic value, which is Putnam Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Municipal's market value can be influenced by many factors that don't directly affect Putnam Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Municipal'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.