Franklin Biotechnology Discovery Fund Price on January 26, 2024
| FRBRX Fund | USD 129.58 10.95 7.79% |
Below is the normalized historical share price chart for Franklin Biotechnology Discovery extending back to September 13, 2013. 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 Biotechnology stands at 129.58, as last reported on the 20th of December, with the highest price reaching 129.58 and the lowest price hitting 129.58 during the day.
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. Franklin Biotechnology secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the fund had a -0.13% return per unit of standard deviation over the last 3 months. Franklin Biotechnology Discovery exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Biotechnology's Standard Deviation of 1.37, coefficient of variation of (739.44), and Mean Deviation of 1.02 to check the risk estimate we provide.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = -0.1286
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Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Franklin Biotechnology is not performing at its full potential. However, 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 Biotechnology by adding Franklin Biotechnology to a well-diversified portfolio.
Franklin Biotechnology Valuation on January 26, 2024
It is possible to determine the worth of Franklin Biotechnology on a given historical date. On January 26, 2024 Franklin was worth 140.79 at the beginning of the trading date compared to the closed value of 140.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Biotechnology mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Biotechnology'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 Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Biotechnology's related companies.
| Open | High | Low | Close | Volume | |
| 139.53 | 139.53 | 139.53 | 139.53 | 1.00 | |
01/26/2024 | 140.79 | 140.79 | 140.79 | 140.79 | 1.00 |
| 143.77 | 143.77 | 143.77 | 143.77 | 1.00 |
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Franklin Biotechnology Trading Date Momentum on January 26, 2024
| On January 29 2024 Franklin Biotechnology Discovery was traded for 143.77 at the closing time. The highest daily price throughout the period was 143.77 and the lowest price was 143.77 . There was no trading activity during the period 1.0. Lack of trading volume on 01/29/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 2.12% . The overall trading delta to current closing price is 2.34% . |
Franklin Biotechnology Fundamentals Correlations and Trends
By evaluating Franklin Biotechnology'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 Biotechnology'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 Biotechnology Mutual Fund history
Franklin Biotechnology 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 Biotechnology 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 Biotechnology stock prices may prove useful in developing a viable investing in Franklin Biotechnology
Under normal market conditions, the fund invests at least 80 percent of its net assets in securities of biotechnology companies and discovery research firms. The fund predominantly invests in equity securities. In addition to its investments in biotechnology companies, the fund may also invest up to 20 percent of its net assets in equity or debt securities of any type of issuer. It is non-diversified.
Franklin Biotechnology Mutual Fund Technical Analysis
Franklin Biotechnology 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 Biotechnology Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Franklin Biotechnology Discovery 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 Biotechnology December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Biotechnology 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 Biotechnology shares will generate the highest return on investment. By undertsting and applying Franklin Biotechnology mutual fund market strength indicators, traders can identify Franklin Biotechnology Discovery entry and exit signals to maximize returns
Franklin Biotechnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Biotechnology'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 | (0.10) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.18) |
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Other Information on Investing in Franklin Mutual Fund
Franklin Biotechnology 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 Biotechnology security.
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