Franklin Natural Resources Fund Probability of Future Mutual Fund Price Finishing Over 26.93
| FRNRX Fund | USD 27.85 0.36 1.28% |
Franklin |
Franklin Natural Target Price Odds to finish over 26.93
The tendency of Franklin Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 26.93 in 90 days |
| 27.85 | 90 days | 26.93 | close to 99 |
Based on a normal probability distribution, the odds of Franklin Natural to stay above $ 26.93 in 90 days from now is close to 99 (This Franklin Natural Resources probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Franklin Natural Res price to stay between $ 26.93 and its current price of $27.85 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Franklin Natural has a beta of 0.15. This usually indicates as returns on the market go up, Franklin Natural average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Natural Resources will be expected to be much smaller as well. Additionally Franklin Natural Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Franklin Natural Price Density |
| Price |
Predictive Modules for Franklin Natural
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Natural Res. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Franklin Natural Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Natural is not an exception. The market had few large corrections towards the Franklin Natural's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Franklin Natural Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Natural within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | -0.13 |
Franklin Natural Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Franklin Natural for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Natural Res can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Franklin Natural Res generated a negative expected return over the last 90 days | |
| The fund generated-6.0 ten year return of -6.0% | |
| Franklin Natural Res retains 98.5% of its assets under management (AUM) in equities |
Franklin Natural Technical Analysis
Franklin Natural's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Natural Resources. In general, you should focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Franklin Natural Predictive Forecast Models
Franklin Natural's time-series forecasting models is one of many Franklin Natural's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Franklin Natural's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Franklin Natural Res
Checking the ongoing alerts about Franklin Natural for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Natural Res help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Franklin Natural Res generated a negative expected return over the last 90 days | |
| The fund generated-6.0 ten year return of -6.0% | |
| Franklin Natural Res retains 98.5% of its assets under management (AUM) in equities |
Other Information on Investing in Franklin Mutual Fund
Franklin Natural financial ratios help investors to determine whether Franklin 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 Franklin with respect to the benefits of owning Franklin Natural security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |