Putnam Global Industrials Fund Alpha and Beta Analysis

PGILX Fund  USD 35.97  0.09  0.25%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Putnam Global Industrials. It also helps investors analyze the systematic and unsystematic risks associated with investing in Putnam Global over a specified time horizon. Remember, high Putnam Global's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Putnam Global's market risk premium analysis include:
Beta
0.16
Alpha
0.022
Risk
1.36
Sharpe Ratio
0.0002
Expected Return
0.0003
Please note that although Putnam Global alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Putnam Global did 0.02  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Putnam Global Industrials fund's relative risk over its benchmark. Putnam Global Industrials has a beta of 0.16  . As returns on the market increase, Putnam Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Putnam Global is expected to be smaller as well. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Putnam Global Backtesting, Portfolio Optimization, Putnam Global Correlation, Putnam Global Hype Analysis, Putnam Global Volatility, Putnam Global History and analyze Putnam Global Performance.

Putnam Global Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Putnam Global market risk premium is the additional return an investor will receive from holding Putnam Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Putnam Global's performance over market.
α0.02   β0.16

Putnam Global expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Putnam Global's Buy-and-hold return. Our buy-and-hold chart shows how Putnam Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Putnam Global Market Price Analysis

Market price analysis indicators help investors to evaluate how Putnam Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Putnam Global shares will generate the highest return on investment. By understating and applying Putnam Global mutual fund market price indicators, traders can identify Putnam Global position entry and exit signals to maximize returns.

Putnam Global Return and Market Media

The median price of Putnam Global for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 is 37.86 with a coefficient of variation of 2.86. The daily time series for the period is distributed with a sample standard deviation of 1.08, arithmetic mean of 37.66, and mean deviation of 0.88. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Putnam Global Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Putnam or other funds. Alpha measures the amount that position in Putnam Global Industrials has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Putnam Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Putnam Global's short interest history, or implied volatility extrapolated from Putnam Global options trading.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

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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