Franklin Balance Sheet Fund Price on October 2, 2024
| FRBSX Fund | USD 38.42 0.21 0.54% |
Below is the normalized historical share price chart for Franklin Balance Sheet extending back to March 18, 1993. 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 Balance stands at 38.42, as last reported on the 13th of December 2024, with the highest price reaching 38.42 and the lowest price hitting 38.42 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 Balance Sheet secures Sharpe Ratio (or Efficiency) of 0.0466, which denotes the fund had a 0.0466% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Balance Sheet, which you can use to evaluate the volatility of the entity. Please confirm Franklin Balance's Semi Deviation of 0.5303, downside deviation of 0.6073, and Mean Deviation of 0.6045 to check if the risk estimate we provide is consistent with the expected return of 0.0364%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.0466
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| Negative Returns | FRBSX |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Franklin Balance is performing at about 3% 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 Balance by adding it to a well-diversified portfolio.
Franklin Balance Valuation on October 2, 2024
It is possible to determine the worth of Franklin Balance on a given historical date. On October 2, 2024 Franklin was worth 37.68 at the beginning of the trading date compared to the closed value of 37.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Balance mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Balance'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 Balance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Balance's related companies.
| Open | High | Low | Close | Volume | |
| 37.85 | 37.85 | 37.85 | 37.85 | 1.00 | |
10/02/2024 | 37.68 | 37.68 | 37.68 | 37.68 | 1.00 |
| 37.46 | 37.46 | 37.46 | 37.46 | 1.00 |
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Franklin Balance Trading Date Momentum on October 2, 2024
| On October 03 2024 Franklin Balance Sheet was traded for 37.46 at the closing time. The highest daily price throughout the period was 37.46 and the lowest price was 37.46 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.58% . The overall trading delta to current closing price is 1.22% . |
Franklin Balance Sheet Fundamentals Correlations and Trends
By evaluating Franklin Balance'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 Balance'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 Balance Mutual Fund history
Franklin Balance 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 Balance Sheet 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 Balance stock prices may prove useful in developing a viable investing in Franklin Balance
Under normal market conditions, the fund invests at least 80 percent of its net assets in U.S. mid cap securities. Under normal market conditions, it invests primarily in equity securities of U.S. companies that the investment manager believes are available at market prices less than their value based on certain recognized or objective criteria .
Franklin Balance Mutual Fund Technical Analysis
Franklin Balance 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 Balance Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Franklin Balance Sheet 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 Balance December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Balance 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 Balance shares will generate the highest return on investment. By undertsting and applying Franklin Balance mutual fund market strength indicators, traders can identify Franklin Balance Sheet entry and exit signals to maximize returns
Franklin Balance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Balance'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 | 0.0702 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0698 |
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| Volume Indicators |
Other Information on Investing in Franklin Mutual Fund
Franklin Balance 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 Balance security.
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