Franklin Floating Competition

Funds . Ireland . 
Fund . Franklin Floating Rate
IE0032578035  USD 6.92  0.01  0.14%   
  
Hype
Prediction
LowEstimatedHigh
6.826.917.00
Details
Intrinsic
Valuation
LowRealHigh
6.806.896.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Franklin Floating. Your research has to be compared to or analyzed against Franklin Floating's peers to derive any actionable benefits. When done correctly, Franklin Floating's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Franklin Floating Rate.

Franklin Floating Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Franklin Floating and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Franklin and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Franklin Floating Rate does not affect the price movement of the other competitor.
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High positive correlations   
IE0032578035
+ 1.0
IE00B065CV35
OIZ
+ 0.9
UPR
BIRG
+ 0.81
OIZ
BIRG
+ 0.79
UPR
8GW
+ 0.77
DHG
DHG
+ 0.76
IE00B065CV35
  
High negative correlations   
OIZ
- 0.91
IE00B065CV35
OIZ
- 0.9
IE0032578035
UPR
- 0.85
IE00B065CV35
8GW
- 0.84
UPR
UPR
- 0.83
DHG
UPR
- 0.83
IE0032578035

Risk-Adjusted Indicators

There is a big difference between Franklin Fund performing well and Franklin Floating 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 Franklin Floating'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
IE00B065CV35  0.07  0.02 (0.40) 0.54  0.00 
(0.11)
 0.19 
(0.13)
 0.38 
IE0032578035  0.07  0.02  0.00  0.67  0.00 
 0.00 
 0.15 
(0.15)
 0.44 
DHG  0.99  0.12  0.04  9.04  1.13 
(1.10)
 2.00 
(1.77)
 7.17 
UPR  1.40 (0.38) 0.00 (1.78) 0.00 
 0.00 
 2.27 
(3.00)
 8.56 
0P0001EIH6  0.57  0.10  0.04  5.61  0.49 
(0.64)
 1.55 
(0.94)
 3.70 
OIZ  1.46 (0.22) 0.00 (0.78) 0.00 
 0.00 
 3.36 
(3.91)
 9.31 
0P0001EC8K  0.56  0.04 (0.04) 0.60  0.63 
(0.63)
 1.24 
(1.17)
 3.36 
8GW  4.44  1.54  0.00  0.61  0.00 
 0.00 
 0.00 
 0.00 
 133.33 
BIRG  1.49 (0.16) 0.00  0.73  0.00 
 0.00 
 3.31 
(4.18)
 11.75 
All Fundamental Data

Franklin Floating Competitive Analysis

The better you understand Franklin Floating competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Franklin Floating's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Franklin Floating's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
IE0032578035 IE00B065CV35 DHG UPR 0P0001EIH6 OIZ 0P0001EC8K 8GW BIRG
 0.14 
 6.92 
Franklin
 0.25 
 16.05 
Franklin
 1.57 
 4.40 
Dalata
 2.94 
 2.10 
Uniphar
 0.19 
 1,815 
KLP
 3.99 
 2.89 
Origin
 0.60 
 2,374 
Storebrand
 0.00 
 0 
Great
 1.37 
 8.66 
Bank
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Somewhat reliable
Unstable
Very steady
Relatively risky
Very steady
Out of control
Somewhat reliable
Market Performance
(90 Days Performance)
Strong
Strong
OK
Very Weak
Good
Very Weak
Modest
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Average
Low
Unknown
Low
Unknown
Above Average
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Under Valued
Over Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Sell
Strong Buy
Cautious Hold
Strong Buy
Cautious Hold
Hold
Cautious Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
0.92
N/A
N/A
N/A
Net Asset
1.83 B
2.24 B
1.89 B
944.99 M
1.51 B
9.31 M
155.27 B
Profit Margin
N/A
N/A
0.19
0.0247
0.0341
N/A
0.32
EBITDA
N/A
N/A
66.35 M
89.61 M
155.69 M
(536.18 K)
2 B
Price To Book
19.32
N/A
0.7
3.27
1.15
0.78
0.72
Operating Margin
N/A
N/A
0.23
0.0297
0.0447
N/A
0.43
Current Valuation
N/A
N/A
1.59 B
1.05 B
466.42 M
3.62 M
(12.05 B)
Five Year Return
4.55
6.9
N/A
N/A
N/A
N/A
N/A
One Year Return
-3.14
-0.71
N/A
N/A
N/A
N/A
N/A
Beta
N/A
N/A
1.72
0.76
0.72
0.74
1.37
Cash Position Weight
8.19
8.19
N/A
N/A
N/A
N/A
N/A
Equity Positions Weight
0.76
0.76
N/A
N/A
N/A
N/A
N/A
Number Of Employees
1
1
4.23 K
2.85 K
2.64 K
8
9.86 K
Shares Outstanding
N/A
N/A
222.87 M
273.02 M
111.97 M
4.58 B
1.07 B
Three Year Return
1.51
1.99
N/A
N/A
N/A
N/A
N/A
Cash Flow From Operations
N/A
N/A
90.58 M
52.18 M
127.66 M
(810.87 K)
19.76 B
Annual Yield
N/A
N/A
0.0547
0.0051
0.0374
N/A
0.0052
Total Debt
N/A
N/A
313.53 M
124.6 M
132.94 M
N/A
11.77 B
Return On Equity
N/A
N/A
0.071
0.21
0.21
-0.0622
0.0889
Bond Positions Weight
85.17
85.17
N/A
N/A
N/A
N/A
N/A
Z Score
N/A
N/A
1.2
6.2
2.8
N/A
N/A
Return On Asset
N/A
N/A
0.0266
0.0403
0.0465
-0.0364
0.0065
Book Value Per Share
N/A
N/A
4.87
0.92
3.49
0.003
11.23
Minimum Initial Investment
5 K
5 K
N/A
N/A
N/A
N/A
N/A
Total Asset
N/A
N/A
1.89 B
944.99 M
1.51 B
9.31 M
155.27 B
Last Dividend Paid
0.03
N/A
N/A
0.017
0.16
N/A
0.05
Target Price
N/A
N/A
5.38
4.5
5.5
N/A
9.5
Debt To Equity
N/A
N/A
N/A
1.02
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
66.22
41.66
73.39
N/A
62.88
Market Capitalization
N/A
N/A
921.72 M
981.15 M
479.23 M
4.58 M
10.55 B
Price To Earning
N/A
N/A
N/A
40.19
N/A
N/A
4.93
Price To Sales
0.1
N/A
2.04
0.41
0.2
N/A
2.76
Net Income
N/A
N/A
(6.33 M)
48.08 M
79.9 M
(535.96 K)
1.05 B
Earnings Per Share
N/A
N/A
0.31
0.18
0.63
N/A
0.86
Shares Owned By Insiders
N/A
N/A
14.05
3.98
0.2
14.03
0.02
Revenue
N/A
N/A
191.99 M
1.94 B
2.34 B
N/A
6.08 B
Ten Year Return
2.52
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
72.36 M
N/A
N/A
29.38 B
Cash Per Share
N/A
N/A
N/A
0.26
N/A
N/A
27.34
Gross Profit
N/A
N/A
130.71 M
274.5 M
369.17 M
N/A
3.19 B
Day Typical Price
6.92
16.05
4.42
2.08
1814.97
2.94
2374.34
0.001
8.67
Accumulation Distribution
N/A
N/A
8418.04
0.0238
N/A
0.0493
N/A
N/A
49317.23
Market Facilitation Index
N/A
N/A
N/A
0.05
N/A
0.15
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
9.2 T
(0.58)
1.2
9.2 T
(0.80)
(9,223,372,036,855)
0.0
(0.52)
Period Momentum Indicator
0.01
0.04
(0.07)
0.06
3.39
(0.12)
(14.37)
N/A
(0.12)
Rate Of Daily Change
1.0
1.0
0.98
1.03
1.0
0.96
0.99
1.0
0.99
Day Median Price
6.92
16.05
4.43
2.08
1814.97
2.97
2374.34
0.001
8.68
Price Action Indicator
0.005
0.02
(0.07)
0.055
1.7
(0.13)
(7.18)
N/A
(0.07)
Coefficient Of Variation
238.85
267.3
966.22
(499.50)
669.67
(1,030)
1221.69
812.4
(1,242)
Mean Deviation
0.0715
0.07
0.9945
1.4
0.5711
1.46
0.5598
4.44
1.49
Jensen Alpha
0.0246
0.021
0.1228
(0.38)
0.1001
(0.22)
0.0416
1.54
(0.16)
Total Risk Alpha
0.0183
0.0148
(0.01)
(0.55)
0.0236
(0.41)
(0.03)
0.2595
(0.39)
Sortino Ratio
N/A
(0.40)
0.0374
N/A
0.0379
N/A
(0.04)
N/A
N/A
Downside Variance
N/A
0.0164
1.69
N/A
0.478
N/A
0.4873
N/A
N/A
Standard Deviation
0.0901
0.092
1.29
1.77
0.7467
1.96
0.7035
14.36
2.05
Kurtosis
0.8228
0.1883
1.03
0.0434
0.3607
0.3996
0.1673
36.55
1.2
Potential Upside
0.1479
0.1904
2.0
2.27
1.55
3.36
1.24
N/A
3.31
Treynor Ratio
0.6715
0.5379
9.04
(1.78)
5.61
(0.78)
0.6001
0.6053
0.7279
Maximum Drawdown
0.4407
0.3797
7.17
8.56
3.7
9.31
3.36
133.33
11.75
Variance
0.0081
0.0085
1.67
3.12
0.5576
3.86
0.4949
206.23
4.19
Market Risk Adjusted Performance
0.6815
0.5479
9.05
(1.77)
5.62
(0.77)
0.6101
0.6153
0.7379
Risk Adjusted Performance
0.2322
0.2017
0.0792
(0.14)
0.1082
(0.06)
0.0588
0.0984
(0.05)
Skewness
0.6008
0.2882
0.2582
0.1931
0.3449
(0.31)
(0.32)
5.45
(0.45)
Semi Deviation
N/A
0.0
1.13
N/A
0.4907
N/A
0.6312
N/A
N/A
Information Ratio
(0.53)
(0.55)
0.0375
(0.25)
0.0351
(0.14)
(0.04)
0.1171
(0.12)
Value At Risk
(0.15)
(0.13)
(1.77)
(3.00)
(0.94)
(3.91)
(1.17)
N/A
(4.18)
Expected Short fall
N/A
(0.11)
(1.10)
N/A
(0.64)
N/A
(0.63)
N/A
N/A
Downside Deviation
N/A
0.1281
1.3
N/A
0.6914
N/A
0.6981
N/A
N/A
Semi Variance
N/A
(0.03)
1.28
N/A
0.2408
N/A
0.3984
N/A
N/A

Franklin Floating Competition Performance Charts

Five steps to successful analysis of Franklin Floating Competition

Franklin Floating's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Franklin Floating Rate in relation to its competition. Franklin Floating's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Franklin Floating in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Franklin Floating's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Franklin Floating Rate, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Franklin Floating position

In addition to having Franklin Floating 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.

Did You Try This Idea?

Run Crypto And Gold Thematic Idea Now

Crypto And Gold
Crypto And Gold Theme
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 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 Crypto And Gold Theme or any other thematic opportunities.
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Other Information on Investing in Franklin Fund

Franklin Floating financial ratios help investors to determine whether Franklin 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 Franklin with respect to the benefits of owning Franklin Floating security.
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