George Putnam Price To Book vs. Net Asset

PGELX Fund  USD 26.58  0.06  0.23%   
Taking into consideration George Putnam's profitability measurements, George Putnam Balanced may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess George Putnam's ability to earn profits and add value for shareholders.
For George Putnam profitability analysis, we use financial ratios and fundamental drivers that measure the ability of George Putnam to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well George Putnam Balanced utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between George Putnam's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of George Putnam Balanced over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between George Putnam's value and its price as these two are different measures arrived at by different means. Investors typically determine if George Putnam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, George Putnam's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

George Putnam Balanced Net Asset vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining George Putnam's current stock value. Our valuation model uses many indicators to compare George Putnam value to that of its competitors to determine the firm's financial worth.
George Putnam Balanced is rated top fund in price to book among similar funds. It also is rated top fund in net asset among similar funds making up about  494,798,425  of Net Asset per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the George Putnam's earnings, one of the primary drivers of an investment's value.

George Net Asset vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

George Putnam

P/B

 = 

MV Per Share

BV Per Share

 = 
2.52 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

George Putnam

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
1.25 B
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

George Net Asset Comparison

George Putnam is currently under evaluation in net asset among similar funds.

George Putnam Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in George Putnam, profitability is also one of the essential criteria for including it into their portfolios because, without profit, George Putnam will eventually generate negative long term returns. The profitability progress is the general direction of George Putnam's change in net profit over the period of time. It can combine multiple indicators of George Putnam, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests mainly in a combination of bonds and common stocks of large U.S. companies, with a greater focus on common stocks. For example, the managers may purchase stocks of companies with stock prices that reflect a value lower than that which the managers place on the company.

George Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on George Putnam. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of George Putnam position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the George Putnam's important profitability drivers and their relationship over time.

Use George Putnam in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if George Putnam position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in George Putnam will appreciate offsetting losses from the drop in the long position's value.

George Putnam Pair Trading

George Putnam Balanced Pair Trading Analysis

The ability to find closely correlated positions to George Putnam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace George Putnam when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back George Putnam - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling George Putnam Balanced to buy it.
The correlation of George Putnam is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as George Putnam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if George Putnam Balanced moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for George Putnam can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your George Putnam position

In addition to having George Putnam in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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FinTech
FinTech Theme
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize FinTech Theme or any other thematic opportunities.
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Other Information on Investing in George Mutual Fund

To fully project George Putnam's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of George Putnam Balanced at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include George Putnam's income statement, its balance sheet, and the statement of cash flows.
Potential George Putnam investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although George Putnam investors may work on each financial statement separately, they are all related. The changes in George Putnam's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on George Putnam's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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