Putman Absolute Return Fund Price History

PYTRX Fund  USD 8.22  0.01  0.12%   
Below is the normalized historical share price chart for Putman Absolute Return extending back to January 02, 2009. 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 Putman Absolute stands at 8.22, as last reported on the 4th of December, with the highest price reaching 8.22 and the lowest price hitting 8.22 during the day.
 
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If you're considering investing in Putman Mutual Fund, it is important to understand the factors that can impact its price. Putman Absolute Return maintains Sharpe Ratio (i.e., Efficiency) of -0.0805, which implies the entity had a -0.0805% return per unit of risk over the last 3 months. Putman Absolute Return exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Putman Absolute's Variance of 0.0968, risk adjusted performance of (0.04), and Coefficient Of Variation of (2,955) to confirm the risk estimate we provide.
  
Putman Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0805

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Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Putman Absolute 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 Putman Absolute by adding Putman Absolute to a well-diversified portfolio.

Putman Absolute Mutual Fund Price History Chart

There are several ways to analyze Putman Absolute Return Fund price data. The simplest method is using a basic Putman candlestick price chart, which shows Putman Absolute price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 16, 20248.43
Lowest PriceNovember 18, 20248.11

Putman Absolute December 4, 2024 Mutual Fund Price Synopsis

Various analyses of Putman Absolute's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Putman Mutual Fund. It can be used to describe the percentage change in the price of Putman Absolute from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Putman Mutual Fund.
Putman Absolute Price Rate Of Daily Change 1.00 

Putman Absolute December 4, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Putman Absolute Return Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Putman Absolute intraday prices and daily technical indicators to check the level of noise trading in Putman Absolute Return Fund and then apply it to test your longer-term investment strategies against Putman.

Putman Mutual Fund Price History Data

The price series of Putman Absolute for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 0.32 with a coefficient of variation of 1.23. The price distribution for the period has arithmetic mean of 8.26. The median price for the last 90 days is 8.25. The company had dividends distributed to its stock-holders on 04/16/2020.
OpenHighLowCloseVolume
12/03/2024 8.22  8.22  8.22  8.22  1.00 
12/02/2024 8.23  8.23  8.23  8.23  1.00 
11/29/2024 8.23  8.23  8.23  8.23  1.00 
11/27/2024 8.20  8.20  8.20  8.20  1.00 
11/26/2024 8.18  8.18  8.18  8.18  1.00 
11/25/2024 8.19  8.19  8.19  8.19  1.00 
11/22/2024 8.12  8.12  8.12  8.12  1.00 
11/21/2024 8.11  8.11  8.11  8.11  1.00 
11/20/2024 8.11  8.11  8.11  8.11  1.00 
11/19/2024 8.12  8.12  8.12  8.12  1.00 
11/18/2024 8.11  8.11  8.11  8.11  1.00 
11/15/2024 8.13  8.13  8.13  8.13  1.00 
11/14/2024 8.13  8.13  8.13  8.13  1.00 
11/13/2024 8.13  8.13  8.13  8.13  1.00 
11/12/2024 8.14  8.14  8.14  8.14  1.00 
11/11/2024 8.19  8.19  8.19  8.19  1.00 
11/08/2024 8.20  8.20  8.20  8.20  1.00 
11/07/2024 8.18  8.18  8.18  8.18  1.00 
11/06/2024 8.13  8.13  8.13  8.13  1.00 
11/05/2024 8.18  8.18  8.18  8.18  1.00 
11/04/2024 8.17  8.17  8.17  8.17  1.00 
11/01/2024 8.13  8.13  8.13  8.13  1.00 
10/31/2024 8.17  8.17  8.17  8.17  1.00 
10/30/2024 8.17  8.17  8.17  8.17  1.00 
10/29/2024 8.18  8.18  8.18  8.18  1.00 
10/28/2024 8.17  8.17  8.17  8.17  1.00 
10/25/2024 8.18  8.18  8.18  8.18  1.00 
10/24/2024 8.20  8.20  8.20  8.20  1.00 
10/23/2024 8.18  8.18  8.18  8.18  1.00 
10/22/2024 8.20  8.20  8.20  8.20  1.00 
10/21/2024 8.20  8.20  8.20  8.20  1.00 
10/18/2024 8.26  8.26  8.26  8.26  1.00 
10/17/2024 8.25  8.25  8.25  8.25  1.00 
10/16/2024 8.29  8.29  8.29  8.29  1.00 
10/15/2024 8.28  8.28  8.28  8.28  1.00 
10/14/2024 8.24  8.24  8.24  8.24  1.00 
10/11/2024 8.25  8.25  8.25  8.25  1.00 
10/10/2024 8.25  8.25  8.25  8.25  1.00 
10/09/2024 8.25  8.25  8.25  8.25  1.00 
10/08/2024 8.27  8.27  8.27  8.27  1.00 
10/07/2024 8.27  8.27  8.27  8.27  1.00 
10/04/2024 8.29  8.29  8.29  8.29  1.00 
10/03/2024 8.35  8.35  8.35  8.35  1.00 
10/02/2024 8.38  8.38  8.38  8.38  1.00 
10/01/2024 8.40  8.40  8.40  8.40  1.00 
09/30/2024 8.37  8.37  8.37  8.37  1.00 
09/27/2024 8.39  8.39  8.39  8.39  1.00 
09/26/2024 8.37  8.37  8.37  8.37  1.00 
09/25/2024 8.37  8.37  8.37  8.37  1.00 
09/24/2024 8.40  8.40  8.40  8.40  1.00 
09/23/2024 8.39  8.39  8.39  8.39  1.00 
09/20/2024 8.39  8.39  8.39  8.39  1.00 
09/19/2024 8.40  8.40  8.40  8.40  1.00 
09/18/2024 8.39  8.39  8.39  8.39  1.00 
09/17/2024 8.42  8.42  8.42  8.42  1.00 
09/16/2024 8.43  8.43  8.43  8.43  1.00 
09/13/2024 8.41  8.41  8.41  8.41  1.00 
09/12/2024 8.39  8.39  8.39  8.39  1.00 
09/11/2024 8.40  8.40  8.40  8.40  1.00 
09/10/2024 8.41  8.41  8.41  8.41  1.00 
09/09/2024 8.38  8.38  8.38  8.38  1.00 

About Putman Absolute Mutual Fund history

Putman Absolute 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 Putman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Putman Absolute Return 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 Putman Absolute stock prices may prove useful in developing a viable investing in Putman Absolute
The fund invests mainly in a diversified portfolio of investment-grade fixed-income securities. It invests mainly in bonds of governments and private companies that are investment-grade in quality with intermediate- to long-term maturities . The fund may invest in below-investment-grade investments. However, the fund will not invest in securities that are rated lower than B or its equivalent by each rating agency rating the investment, or are unrated securities that Putnam Management believes are of comparable quality.

Putman Absolute Mutual Fund Technical Analysis

Putman Absolute 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.
A focus of Putman Absolute technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Putman Absolute trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Putman Absolute Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Putman Absolute's price direction in advance. Along with the technical and fundamental analysis of Putman Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Putman 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.

Other Information on Investing in Putman Mutual Fund

Putman Absolute financial ratios help investors to determine whether Putman 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 Putman with respect to the benefits of owning Putman Absolute security.
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