Putnam Ohio Tax Fund Probability of Future Mutual Fund Price Finishing Over 9.20

PXOHX Fund  USD 8.50  0.01  0.12%   
Putnam Ohio's future price is the expected price of Putnam Ohio instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Putnam Ohio Tax performance during a given time horizon utilizing its historical volatility. Check out Putnam Ohio Backtesting, Portfolio Optimization, Putnam Ohio Correlation, Putnam Ohio Hype Analysis, Putnam Ohio Volatility, Putnam Ohio History as well as Putnam Ohio Performance.
  
Please specify Putnam Ohio's target price for which you would like Putnam Ohio odds to be computed.

Putnam Ohio Target Price Odds to finish over 9.20

The tendency of Putnam Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 9.20  or more in 90 days
 8.50 90 days 9.20 
close to zero percent
Based on a normal probability distribution, the odds of Putnam Ohio to move over $ 9.20  or more in 90 days from now is close to zero percent (This Putnam Ohio Tax probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Putnam Ohio Tax price to stay between its current price of $ 8.50  and $ 9.20  at the end of the 90-day period is nearly 4.53 .
Assuming the 90 days horizon Putnam Ohio Tax has a beta of -0.11 indicating as returns on the benchmark increase, returns on holding Putnam Ohio are expected to decrease at a much lower rate. During a bear market, however, Putnam Ohio Tax is likely to outperform the market. Additionally Putnam Ohio Tax has an alpha of 0.0272, implying that it can generate a 0.0272 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Putnam Ohio Price Density   
       Price  

Predictive Modules for Putnam Ohio

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Putnam Ohio Tax. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
8.248.508.76
Details
Intrinsic
Valuation
LowRealHigh
7.878.139.35
Details
Naive
Forecast
LowNextHigh
8.248.508.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.428.468.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Putnam Ohio. Your research has to be compared to or analyzed against Putnam Ohio's peers to derive any actionable benefits. When done correctly, Putnam Ohio's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Putnam Ohio Tax.

Putnam Ohio Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Putnam Ohio is not an exception. The market had few large corrections towards the Putnam Ohio's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Putnam Ohio Tax, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Putnam Ohio within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones-0.11
σ
Overall volatility
0.05
Ir
Information ratio -0.49

Putnam Ohio Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Putnam Ohio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Putnam Ohio Tax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund generated three year return of 0.0%
Putnam Ohio Tax maintains most of the assets in different exotic instruments.

Putnam Ohio Technical Analysis

Putnam Ohio's future price can be derived by breaking down and analyzing its technical indicators over time. Putnam Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Putnam Ohio Tax. In general, you should focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Putnam Ohio Predictive Forecast Models

Putnam Ohio's time-series forecasting models is one of many Putnam Ohio's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Putnam Ohio's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Putnam Ohio Tax

Checking the ongoing alerts about Putnam Ohio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Putnam Ohio Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of 0.0%
Putnam Ohio Tax maintains most of the assets in different exotic instruments.

Other Information on Investing in Putnam Mutual Fund

Putnam Ohio financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Ohio security.
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