George Putnam Fund Statistic Functions Beta

PGEMX Fund  USD 25.69  0.08  0.31%   
George Putnam statistic functions tool provides the execution environment for running the Beta function and other technical functions against George Putnam. George Putnam value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. George Putnam statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on George Putnam correlated with the market. If Beta is less than 0 George Putnam generally moves in the opposite direction as compared to the market. If George Putnam Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one George Putnam is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of George Putnam is generally in the same direction as the market. If Beta > 1 George Putnam moves generally in the same direction as, but more than the movement of the benchmark.

George Putnam Technical Analysis Modules

Most technical analysis of George Putnam help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for George from various momentum indicators to cycle indicators. When you analyze George charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About George Putnam Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of George Putnam Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of George Putnam Fund based on widely used predictive technical indicators. In general, we focus on analyzing George Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build George Putnam's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of George Putnam's intrinsic value. In addition to deriving basic predictive indicators for George Putnam, we also check how macroeconomic factors affect George Putnam price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
25.2425.6926.14
Details
Intrinsic
Valuation
LowRealHigh
25.1425.5926.04
Details
Naive
Forecast
LowNextHigh
25.3625.8126.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.6725.3325.99
Details

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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George Putnam 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 Fund 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 Fund 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 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

Other Information on Investing in George Mutual Fund

George Putnam financial ratios help investors to determine whether George 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 George with respect to the benefits of owning George Putnam security.
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