Franklin Universal Closed Etf Price on October 31, 2023
| FT Etf | USD 7.57 0.00 0.00% |
Below is the normalized historical share price chart for Franklin Universal Closed extending back to September 26, 1988. 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 Universal stands at 7.57, as last reported on the 12th of December 2024, with the highest price reaching 7.70 and the lowest price hitting 7.57 during the day.
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. Currently, Franklin Universal Closed is very steady. Franklin Universal Closed secures Sharpe Ratio (or Efficiency) of 0.0944, which denotes the etf had a 0.0944% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Universal Closed, which you can use to evaluate the volatility of the entity. Please confirm Franklin Universal's Downside Deviation of 0.6608, mean deviation of 0.4917, and Semi Deviation of 0.508 to check if the risk estimate we provide is consistent with the expected return of 0.0599%.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of June 1989 | 200 Day MA 7.0345 | 50 Day MA 7.5668 | Beta 0.761 |
Franklin |
Sharpe Ratio = 0.0944
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Franklin Universal is performing at about 7% 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 Universal by adding it to a well-diversified portfolio.
Price Book 0.9324 | Price Sales 13.3106 | Dividend Share 0.51 | Earnings Share 1.35 | Shares Short 41.9 K |
Franklin Universal Main Headline on 31st of October 2023
Franklin Universal Closed dividend paid on 31st of October 2023 |
Franklin Universal Valuation on October 31, 2023
It is possible to determine the worth of Franklin Universal on a given historical date. On October 31, 2023 Franklin was worth 5.65 at the beginning of the trading date compared to the closed value of 5.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Universal etf. Still, in general, we apply an absolute valuation method to find Franklin Universal'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 Universal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Universal's related companies.
| Open | High | Low | Close | Volume | |
| 5.53 | 5.59 | 5.53 | 5.58 | 45,112 | |
10/31/2023 | 5.65 | 5.68 | 5.58 | 5.66 | 87,846 |
| 5.69 | 5.79 | 5.67 | 5.72 | 71,768 |
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Franklin Universal Trading Date Momentum on October 31, 2023
| On November 01 2023 Franklin Universal Closed was traded for 5.72 at the closing time. The highest price during the trading period was 5.79 and the lowest recorded bid was listed for 5.67 . The volume for the day was 71.8 K. This history from November 1, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.06% . The overall trading delta to the current price is 1.94% . |
Franklin Universal Closed Fundamentals Correlations and Trends
By evaluating Franklin Universal'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 Universal'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 Universal Etf history
Franklin Universal 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 Universal Closed 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 Universal stock prices may prove useful in developing a viable investing in Franklin Universal
Franklin Universal Trust is a closed-ended balanced mutual fund launched by Franklin Resources, Inc. Franklin Universal is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
Franklin Universal Etf Technical Analysis
Franklin Universal technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Franklin Universal Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Franklin Universal Closed cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Universal December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Universal etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Universal shares will generate the highest return on investment. By undertsting and applying Franklin Universal etf market strength indicators, traders can identify Franklin Universal Closed entry and exit signals to maximize returns
Franklin Universal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Universal's price direction in advance. Along with the technical and fundamental analysis of Franklin Etf 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 | 0.1073 | |||
| Jensen Alpha | 0.085 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (7.91) |
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Other Information on Investing in Franklin Etf
Franklin Universal financial ratios help investors to determine whether Franklin Etf 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 Universal security.