Andrew Pyles Top Picks for December 12, 2024
| 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.
Putnam |
Andrew Pyle, senior investment advisor and senior portfolio manager, CIBC Wood Gundy
Read at bnnbloomberg.ca
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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.
Annual Yield
Annual Yield Comparative Analysis
Putnam Global is currently under evaluation in annual yield among similar funds. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
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.
Peers
Putnam Global Related Equities
| PFLLX | Putnam Floating | 0.00 |
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| PFRBX | Putnam Floating | 0.00 |
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| PFRZX | Putnam Floating | 0.00 |
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| PFLRX | Putnam Floating | 0.12 |
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| PFRYX | Putnam Floating | 0.12 |
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| PFICX | Putnam Floating | 0.12 |
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| PFJAX | Putnam High | 0.18 |
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| PXMAX | Putnam Massachusetts | 0.33 |
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| PEXTX | Putnam Tax | 0.38 |
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| PEYAX | Putnam Equity | 2.33 |
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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.
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