Franklin Founding Funds Fund Market Value
| FFALX Fund | USD 15.83 0.08 0.51% |
| Symbol | Franklin |
Franklin Founding '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 Founding'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 Founding.
| 10/02/2023 |
| 12/25/2024 |
If you would invest 0.00 in Franklin Founding on October 2, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin Founding Funds or generate 0.0% return on investment in Franklin Founding over 450 days. Franklin Founding is related to or competes with Davenport Small, Tiaa Cref, Small Cap, Massmutual Premier, and Delaware Limited. The fund will invest in a diversified portfolio of debt and equity securities and, to a lesser extent, alternative strat... More
Franklin Founding 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 Founding'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 Founding Funds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5512 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 2.82 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.7624 |
Franklin Founding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Founding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Founding's standard deviation. In reality, there are many statistical measures that can use Franklin Founding historical prices to predict the future Franklin Founding's volatility.| Risk Adjusted Performance | 0.0044 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.01) |
Franklin Founding Funds Backtested Returns
Franklin Founding Funds secures Sharpe Ratio (or Efficiency) of -0.0243, which denotes the fund had a -0.0243% return per unit of standard deviation over the last 3 months. Franklin Founding Funds exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Founding's Semi Deviation of 0.4634, mean deviation of 0.3222, and Downside Deviation of 0.5512 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.4, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Founding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Founding is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Franklin Founding Funds has very good predictability. Overlapping area represents the amount of predictability between Franklin Founding time series from 2nd of October 2023 to 14th of May 2024 and 14th of May 2024 to 25th 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 Founding Funds price movement. The serial correlation of 0.83 indicates that around 83.0% of current Franklin Founding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Franklin Founding Funds lagged returns against current returns
Autocorrelation, which is Franklin Founding 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 Founding's mutual fund expected returns. We can calculate the autocorrelation of Franklin Founding returns to help us make a trade decision. For example, suppose you find that Franklin Founding 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 Founding 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 Founding mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Founding 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 Founding mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Founding Lagged Returns
When evaluating Franklin Founding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Founding mutual fund have on its future price. Franklin Founding 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 Founding autocorrelation shows the relationship between Franklin Founding mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Founding Funds.
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 Founding 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 Founding security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |