Franklin Equity Income Fund Price on November 29, 2024
| FISEX Fund | USD 35.21 0.12 0.34% |
Below is the normalized historical share price chart for Franklin Equity Income extending back to March 08, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin Equity stands at 35.21, as last reported on the 11th of December 2024, with the highest price reaching 35.21 and the lowest price hitting 35.21 during the day.
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Franklin Mutual Fund to be very steady. Franklin Equity Income secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the fund had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Equity Income, which you can use to evaluate the volatility of the entity. Please confirm Franklin Equity's Semi Deviation of 0.1989, downside deviation of 0.4231, and Mean Deviation of 0.4263 to check if the risk estimate we provide is consistent with the expected return of 0.0894%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.1493
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Franklin Equity is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Equity by adding it to a well-diversified portfolio.
Franklin Equity Valuation on November 29, 2024
It is possible to determine the worth of Franklin Equity on a given historical date. On November 29, 2024 Franklin was worth 36.01 at the beginning of the trading date compared to the closed value of 36.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Equity mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Equity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Franklin Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Equity's related companies.
| Open | High | Low | Close | Volume | |
| 35.92 | 35.92 | 35.92 | 35.92 | 1.00 | |
11/29/2024 | 36.01 | 36.01 | 36.01 | 36.01 | 1.00 |
| 35.83 | 35.83 | 35.83 | 35.83 | 1.00 |
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Franklin Equity Trading Date Momentum on November 29, 2024
| On December 02 2024 Franklin Equity Income was traded for 35.83 at the closing time. The highest daily price throughout the period was 35.83 and the lowest price was 35.83 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.50% . The overall trading delta to current closing price is 1.89% . |
Franklin Equity Income Fundamentals Correlations and Trends
By evaluating Franklin Equity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Franklin Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Franklin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Franklin Equity Mutual Fund history
Franklin Equity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Equity Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Equity stock prices may prove useful in developing a viable investing in Franklin Equity
The fund normally invests at least 80 percent of its net assets in equity securities, including securities convertible into common stocks. It generally invests predominantly in common stocks, and the remainder of its assets in other equity-related instruments such as convertible securities and equity-linked notes . The fund may invest in foreign securities, but does not currently anticipate investing more than 15 percent of its total assets in securities of issuers domiciled outside the United States.
Franklin Equity Mutual Fund Technical Analysis
Franklin Equity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Franklin Equity Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Franklin Equity Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Franklin Equity December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Equity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Equity shares will generate the highest return on investment. By undertsting and applying Franklin Equity mutual fund market strength indicators, traders can identify Franklin Equity Income entry and exit signals to maximize returns
Franklin Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Equity's price direction in advance. Along with the technical and fundamental analysis of Franklin Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1146 | |||
| Jensen Alpha | 1.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1146 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Franklin Mutual Fund
Franklin Equity 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 Equity security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |