Putnam Global Health Fund Price on September 12, 2023
| PGHAX Fund | USD 63.45 2.04 3.11% |
Below is the normalized historical share price chart for Putnam Global Health extending back to June 01, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Putnam Global stands at 63.45, as last reported on the 24th of December, with the highest price reaching 63.45 and the lowest price hitting 63.45 during the day.
If you're considering investing in Putnam Mutual Fund, it is important to understand the factors that can impact its price. Putnam Global Health maintains Sharpe Ratio (i.e., Efficiency) of -0.3, which implies the entity had a -0.3% return per unit of risk over the last 3 months. Putnam Global Health exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putnam Global's Coefficient Of Variation of (289.47), risk adjusted performance of (0.28), and Variance of 0.5516 to confirm the risk estimate we provide.
Putnam Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Putnam |
Sharpe Ratio = -0.3009
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.3 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Putnam Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam Global by adding Putnam Global to a well-diversified portfolio.
Putnam Global Valuation on September 12, 2023
It is possible to determine the worth of Putnam Global on a given historical date. On September 12, 2023 Putnam was worth 61.34 at the beginning of the trading date compared to the closed value of 61.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Putnam Global mutual fund. Still, in general, we apply an absolute valuation method to find Putnam Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Putnam Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Putnam Global's related companies.
| Open | High | Low | Close | Volume | |
| 61.52 | 61.52 | 61.52 | 61.52 | 1.00 | |
09/12/2023 | 61.34 | 61.34 | 61.34 | 61.34 | 1.00 |
| 61.37 | 61.37 | 61.37 | 61.37 | 1.00 |
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Putnam Global Trading Date Momentum on September 12, 2023
| On September 13 2023 Putnam Global Health was traded for 61.37 at the closing time. The highest daily price throughout the period was 61.37 and the lowest price was 61.37 . There was no trading activity during the period 1.0. Lack of trading volume on 09/13/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.05% . The trading delta at closing time to current closing price is 1.78% . |
Putnam Global Health Fundamentals Correlations and Trends
By evaluating Putnam Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Putnam Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Putnam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Putnam Global Mutual Fund history
Putnam Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Putnam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Putnam Global Health will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Putnam Global stock prices may prove useful in developing a viable investing in Putnam Global
The fund invests mainly in common stocks of large and midsize companies worldwide that the manager believes have favorable investment potential. Under normal circumstances, it invests at least 80 percent of its net assets in securities of companies in the health care industries. The fund is non-diversified.
Putnam Global Mutual Fund Technical Analysis
Putnam Global 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.
Price Boundaries
Putnam Global Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
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Putnam Global December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Putnam Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam Global shares will generate the highest return on investment. By undertsting and applying Putnam Global mutual fund market strength indicators, traders can identify Putnam Global Health entry and exit signals to maximize returns
Putnam Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Putnam Global's price direction in advance. Along with the technical and fundamental analysis of Putnam Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Putnam to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.28) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (9.49) |
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Other Information on Investing in Putnam Mutual Fund
Putnam Global 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 Global security.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |