RQI A Stellar Closed End Fund Currently Overvalued - Seeking Alpha
| PFRYX Fund | USD 8.01 0.00 0.00% |
Slightly above 56% of Putnam Floating's investor base is looking to short. The analysis of overall sentiment of trading Putnam Floating Rate mutual fund suggests that many investors are alarmed at this time. Putnam Floating's investing sentiment can be driven by a variety of factors including economic data, Putnam Floating's earnings reports, geopolitical events, and overall market trends.
Putnam |
RQI A Stellar Closed End Fund Currently Overvalued Seeking Alpha
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Putnam Floating Fundamental Analysis
We analyze Putnam Floating's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam Floating based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Three Year Return
Three Year Return Comparative Analysis
Putnam Floating is regarded third largest fund in three year return among similar funds. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Putnam Floating Rate Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Putnam Floating mutual fund to make a market-neutral strategy. Peer analysis of Putnam Floating could also be used in its relative valuation, which is a method of valuing Putnam Floating by comparing valuation metrics with similar companies.
Peers
Putnam Floating Related Equities
| PFJAX | Putnam High | 0.19 | ||||
| PEXTX | Putnam Tax | 0.13 | ||||
| PFICX | Putnam Floating | 0.13 | ||||
| PFLRX | Putnam Floating | 0.12 | ||||
| PFRZX | Putnam Floating | 0.12 | ||||
| PXMAX | Putnam Massachusetts | 0.11 | ||||
| PFLLX | Putnam Floating | 0.00 | ||||
| PFRBX | Putnam Floating | 0.00 | ||||
| PFRYX | Putnam Floating | 0.00 | ||||
| PEYAX | Putnam Equity | 0.39 |
Other Information on Investing in Putnam Mutual Fund
Putnam Floating 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 Floating security.
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