Novan craters as company files for bankruptcy, to sell most of its assets

PGHAX Fund  USD 67.28  0.14  0.21%   
Slightly above 56% of Putnam Global's investor base is looking to short. The analysis of overall sentiment of trading Putnam Global Health mutual fund suggests that many investors are alarmed at this time. Putnam Global's investing sentiment can be driven by a variety of factors including economic data, Putnam Global's earnings reports, geopolitical events, and overall market trends.
  
Novan shares plummeted -68.7 percent on Monday after the company said it had filed for bankruptcy and entered into a deal to sell most of its assets to Ligand Pharmaceuticals for...

Read at seekingalpha.com
seekingalpha News
  

Putnam Global Fundamental Analysis

We analyze Putnam Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam Global 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.

Equity Positions Weight

Equity Positions Weight Comparative Analysis

Putnam Global is currently under evaluation in equity positions weight among similar funds. Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

Putnam Global Health 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 Global mutual fund to make a market-neutral strategy. Peer analysis of Putnam Global could also be used in its relative valuation, which is a method of valuing Putnam Global by comparing valuation metrics with similar companies.

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.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios