Franklin Floating (Ireland) Probability of Future Fund Price Finishing Over 18.73
| IE00B000C709 | USD 18.54 0.04 0.22% |
Franklin |
Franklin Floating Target Price Odds to finish over 18.73
The tendency of Franklin 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 move over $ 18.73 or more in 90 days |
| 18.54 | 90 days | 18.73 | near 1 |
Based on a normal probability distribution, the odds of Franklin Floating to move over $ 18.73 or more in 90 days from now is near 1 (This Franklin Floating Rate probability density function shows the probability of Franklin Fund to fall within a particular range of prices over 90 days) . Probability of Franklin Floating Rate price to stay between its current price of $ 18.54 and $ 18.73 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Franklin Floating has a beta of 0.0397. This usually indicates as returns on the market go up, Franklin Floating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Floating Rate will be expected to be much smaller as well. Additionally Franklin Floating Rate has an alpha of 0.0234, implying that it can generate a 0.0234 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Franklin Floating Price Density |
| Price |
Predictive Modules for Franklin Floating
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 Floating Rate. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Floating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Floating is not an exception. The market had few large corrections towards the Franklin Floating'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 Floating Rate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Floating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.56 |
Franklin Floating 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 Floating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Floating Rate 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 is showing solid risk-adjusted performance over 90 days | |
| The fund retains about 8.19% of its assets under management (AUM) in cash |
Franklin Floating Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Franklin Fund often depends not only on the future outlook of the current and potential Franklin Floating's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Franklin Floating's indicators that are reflective of the short sentiment are summarized in the table below.
Franklin Floating Technical Analysis
Franklin Floating's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Floating Rate. In general, you should focus on analyzing Franklin Fund price patterns and their correlations with different microeconomic environments and drivers.
Franklin Floating Predictive Forecast Models
Franklin Floating's time-series forecasting models is one of many Franklin Floating's 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 Floating'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 fund market movement and maximize returns from investment trading.
Things to note about Franklin Floating Rate
Checking the ongoing alerts about Franklin Floating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Franklin is showing solid risk-adjusted performance over 90 days | |
| The fund retains about 8.19% of its assets under management (AUM) in cash |
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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