Putnam High Income Fund Volatility
| PCF Fund | USD 5.81 -0.03 -0.51% |
Over the designated horizon, Putnam High Income maintains a minimal volatility profile. It exhibits a Sharpe Ratio (Efficiency) of -0.1, suggesting weak return efficiency over the last 3 months. The current setup includes 23 technical indicators relevant to risk behavior.
Sharpe Ratio = -0.1036
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PCF |
For Putnam High Income, recent data highlights a Market Risk Adjusted Performance of -0.2%, a Risk of 0.67, and a Risk Adjusted Performance of -0.1%. Monthly moving average analysis shows Putnam High is not yet reaching its full return potential. Incorporating it into a well-diversified portfolio can enhance total return while reducing risk.
Key indicators related to Putnam High's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Putnam High's volatility is most commonly measured using the annualized standard deviation of daily returns. This statistical measure reflects the magnitude of Putnam High's typical price swings and is a primary input in options pricing models.
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Putnam High Volatility Strategy
Putnam High Income return fluctuations can modify its marginal contribution to total portfolio variance. Allocation size and correlation determine overall impact. Current statistical measures show total volatility near 0.67% with a beta coefficient of 0.3, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.1, evaluates return per unit of total risk. An alpha value of -0.0594 reflects performance relative to systematic market exposure. Expected return estimates near -0.0695% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to Putnam High's market risk premium analysis include:
Beta 0.3 | Alpha -0.06 | Risk 0.67 | Sharpe Ratio -0.10 | Expected Return -0.07 |
Putnam High Sensitivity To Market
Putnam High'sPutnam High Income exhibits a beta of 0.3, representing its market-relative sensitivity based on regression modeling. Beta quantifies systematic risk by measuring the slope of asset returns against benchmark returns. Overall return volatility is approximately 0.67%.Volatility metrics for Putnam High Income describe how stable or unstable returns have been over the selected window. Current downside deviation is about 0.0%. Funds with more equity exposure typically show higher volatility than more bond-heavy funds.
3 Months Beta |Analyze Putnam High Income Demand TrendCheck current 90 days Putnam High correlation with market (Dow Jones Industrial)Putnam High Downside Risk
The standard deviation of Putnam measures how widely its daily prices are dispersed around the mean for a given time period. Highly volatile instruments have large standard deviations; stable instruments have small ones.
Standard Deviation | 0.67 |
Standard deviation captures both upside and downside movement in Putnam High. However, investors specifically concerned with loss potential should use downside deviation or semi-deviation of Putnam High's returns. For Putnam High Income, recent data highlights a Maximum Drawdown of 5.00.
Putnam High Income Fund Volatility Analysis
Putnam High fund volatility is a measure of the speed and extent of Putnam High's price movements. High volatility generally means the fund price moves dramatically up or down in a short period of time. Low volatility means Putnam High's price does not fluctuate dramatically, and tends to be.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Putnam High Income Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Putnam High Projected Return Density Against Market
Considering the 90-day investment horizon Putnam High has a beta of 0.301 indicating as returns on the market go up, Putnam High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Putnam High Income will be expected to be much smaller as well.Investors in Putnam High face systematic risk from overall fund market trends and unsystematic risk from company or sector-specific developments. Diversification reduces specific exposure, but macro-driven volatility persists. Beta remains a common sensitivity metric. For Putnam High Income, recent data highlights a Mean Deviation of 0.42 and a Standard Deviation of 0.65.
Predicted Return Density |
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What Drives a Putnam High Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Putnam High Fund Risk Measures
Considering the 90-day investment horizon the coefficient of variation of Putnam High is -965.44. The daily returns are distributed with a variance of 0.45 and standard deviation of 0.67. The mean deviation of Putnam High Income is currently at 0.44. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.78
α | Alpha over Dow Jones | -0.0594 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.0934 |
Putnam High Fund Return Volatility
Putnam High historical daily return volatility represents how much of Putnam High fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The mutual fund has volatility of 0.6713% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7859% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Putnam Fund performing well and Putnam High Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Putnam High's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ERH | 0.52 | 0.03 | 0.04 | 1.23 | 0.62 | 1.25 | 3.08 | |||
| PGP | 0.57 | -0.01 | 0.00 | -0.04 | 0.00 | 1.23 | 3.96 | |||
| CCIF | 1.86 | -0.58 | 0.00 | 7.10 | 0.00 | 3.30 | 14.27 | |||
| HEQ | 0.37 | 0.07 | 0.14 | -0.52 | 0.36 | 0.83 | 2.75 | |||
| IHD | 0.80 | 0.10 | 0.07 | 0.26 | 1.23 | 1.65 | 6.42 | |||
| JLS | 0.38 | -0.02 | 0.00 | -0.11 | 0.00 | 0.71 | 2.65 | |||
| CGO | 0.72 | 0.06 | 0.05 | 0.09 | 1.00 | 1.37 | 4.27 | |||
| WIGTX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TCMIX | 0.62 | 0.04 | 0.04 | 0.06 | 1.00 | 1.20 | 5.20 |
Putnam High Risk and Return Dispersion
Volatility for Putnam High reflects NAV dispersion and exposure stability across disclosure periods. Downside profile remains relatively contained. Putnam High is assessed relative to its contribution to long-term portfolio efficiency and allocation discipline.
Methodology
Unless otherwise specified, data for Putnam High Income is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Putnam (USA Stocks:PCF) market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions Volatility figures, standard deviation, and downside-risk estimates on this page are derived from historical return distributions.
Assumptions
We use public fund disclosures, holdings reports, and market data feeds with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.Research Sources
Putnam High Income may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
Putnam High Investment Opportunity
Measured over the selected horizon, Dow Jones Industrial carries roughly 1.18 times the return volatility of Putnam High Income. That difference can matter when investors want a steadier position size or lower contribution to total portfolio risk.You can use Putnam High Income to protect your portfolios against small market fluctuations. This directional read frames the latest price swing through a simple momentum and follow-through lens. It gives extra weight to the size of the move, the quote level, and whether the instrument trades in a hype-prone venue. a moderate downward daily trend and can be a good diversifier. Check odds of Putnam High to be traded at $5.69 in 90 days.Weak diversification
Across the chosen horizon, PCF and DJI show a correlation of 0.3 and fall into the Weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Putnam High Additional Risk Indicators
Risk analysis around Putnam High Income becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | -0.06 | |||
| Market Risk Adjusted Performance | -0.19 | |||
| Mean Deviation | 0.422 | |||
| Coefficient Of Variation | -1,320 | |||
| Standard Deviation | 0.6464 | |||
| Variance | 0.4178 | |||
| Information Ratio | -0.09 |
Putnam High Suggested Diversification Pairs
Pair trading with Putnam High can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
| Bank of America vs. Putnam High | ||
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| Visa vs. Putnam High | ||
| Ford vs. Putnam High | ||
| Citigroup vs. Putnam High | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Putnam High as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Putnam High's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Putnam High's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Putnam High Income.
Additional Resources for Putnam Fund Analysis
Other Information on Investing in Putnam Fund
Putnam High financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare Putnam across valuation measures.
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