Putnam Global Industrials Fund Market Value
| PGIOX Fund | USD 35.51 0.53 1.52% |
| Symbol | Putnam |
Putnam Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Putnam Global's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Putnam Global.
| 05/07/2025 |
| 08/05/2025 |
If you would invest 0.00 in Putnam Global on May 7, 2025 and sell it all today you would earn a total of 0.00 from holding Putnam Global Industrials or generate 0.0% return on investment in Putnam Global over 90 days. Putnam Global is related to or competes with Wesmark Government, Aig Government, Us Government, Federated Government, Wells Fargo, Ridgeworth Seix, and Goldman Sachs. The fund invests mainly in equity securities of large and midsize companies that the manager believes have favorable inv... More
Putnam Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Putnam Global's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Putnam Global Industrials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7018 | |||
| Information Ratio | 0.0892 | |||
| Maximum Drawdown | 5.49 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 1.12 |
Putnam Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Putnam Global's standard deviation. In reality, there are many statistical measures that can use Putnam Global historical prices to predict the future Putnam Global's volatility.| Risk Adjusted Performance | 0.2042 | |||
| Jensen Alpha | 0.1931 | |||
| Total Risk Alpha | 0.0731 | |||
| Sortino Ratio | 0.0982 | |||
| Treynor Ratio | (3.93) |
Putnam Global Industrials Backtested Returns
Putnam Global appears to be very steady, given 3 months investment horizon. Putnam Global Industrials maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the entity had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Putnam Global Industrials, which you can use to evaluate the volatility of the fund. Please evaluate Putnam Global's Risk Adjusted Performance of 0.2042, coefficient of variation of 391.72, and Semi Deviation of 0.3395 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.0477, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Putnam Global are expected to decrease at a much lower rate. During the bear market, Putnam Global is likely to outperform the market.
Auto-correlation | 0.86 |
Very good predictability
Putnam Global Industrials has very good predictability. Overlapping area represents the amount of predictability between Putnam Global time series from 7th of May 2025 to 21st of June 2025 and 21st of June 2025 to 5th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Putnam Global Industrials price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Putnam Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Putnam Global Industrials lagged returns against current returns
Autocorrelation, which is Putnam Global mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Putnam Global's mutual fund expected returns. We can calculate the autocorrelation of Putnam Global returns to help us make a trade decision. For example, suppose you find that Putnam Global has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Putnam Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Putnam Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Putnam Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Putnam Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Putnam Global Lagged Returns
When evaluating Putnam Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Putnam Global mutual fund have on its future price. Putnam Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Putnam Global autocorrelation shows the relationship between Putnam Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Putnam Global Industrials.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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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