Franklin High Yield Tax-Free Income Fund Q3 2024 Commentary - Seeking Alpha
| FRCOX Fund | USD 10.70 0.01 0.09% |
Slightly above 62% of Franklin Orado's investor base is looking to short. The analysis of overall sentiment of trading Franklin Orado Tax Free mutual fund suggests that many investors are alarmed at this time. Franklin Orado's investing sentiment can be driven by a variety of factors including economic data, Franklin Orado's earnings reports, geopolitical events, and overall market trends.
Franklin |
Franklin High Yield Tax-Free Income Fund Q3 2024 Commentary Seeking Alpha
Read at news.google.com
 |
Franklin Orado Fundamental Analysis
We analyze Franklin Orado's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Franklin Orado using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Franklin Orado based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
Franklin Orado is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Franklin Orado Tax Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Franklin Orado mutual fund to make a market-neutral strategy. Peer analysis of Franklin Orado could also be used in its relative valuation, which is a method of valuing Franklin Orado by comparing valuation metrics with similar companies.
Peers
Franklin Orado Related Equities
| MSTPX | Morningstar Municipal | 0.1 | ||||
| MDMTX | Blrc Sgy | 0.09 | ||||
| OKMUX | Oklahoma Municipal | 0.09 | ||||
| PRFHX | T Rowe | 0.18 | ||||
| BCHIX | California High | 0.20 | ||||
| ABIMX | Ab Impact | 0.20 | ||||
| FHYVX | Franklin High | 0.22 |
Other Information on Investing in Franklin Mutual Fund
Franklin Orado 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 Orado security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |