Franklin Core Equity Fund Market Value
| FCEUX Fund | USD 17.73 0.10 0.57% |
| Symbol | Franklin |
Franklin 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Franklin's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Franklin.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Franklin on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Core Equity or generate 0.0% return on investment in Franklin over 30 days. Franklin is related to or competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, Franklin Mutual, Templeton Foreign, and Templeton Foreign. Under normal market conditions, the fund invests at least 80 percent of its net assets in U.S More
Franklin Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Franklin's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Franklin Core Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.22 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.29 |
Franklin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin's standard deviation. In reality, there are many statistical measures that can use Franklin historical prices to predict the future Franklin's volatility.| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0386 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Core Equity Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Core Equity secures Sharpe Ratio (or Efficiency) of 0.0628, which denotes the fund had a 0.0628% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Core Equity, which you can use to evaluate the volatility of the entity. Please confirm Franklin's Mean Deviation of 0.6623, downside deviation of 1.57, and Semi Deviation of 1.47 to check if the risk estimate we provide is consistent with the expected return of 0.0702%. The fund shows a Beta (market volatility) of 0.92, which means possible diversification benefits within a given portfolio. Franklin returns are very sensitive to returns on the market. As the market goes up or down, Franklin is expected to follow.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Franklin Core Equity has insignificant reverse predictability. Overlapping area represents the amount of predictability between Franklin time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Franklin Core Equity price movement. The serial correlation of -0.2 indicates that over 20.0% of current Franklin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Franklin Core Equity lagged returns against current returns
Autocorrelation, which is Franklin mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Franklin's mutual fund expected returns. We can calculate the autocorrelation of Franklin returns to help us make a trade decision. For example, suppose you find that Franklin has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Franklin regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Franklin mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Lagged Returns
When evaluating Franklin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin mutual fund have on its future price. Franklin autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Franklin autocorrelation shows the relationship between Franklin mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Core Equity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Franklin Mutual Fund
Franklin 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 security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |