Franklin Mutual European Fund Market Value

FMEUX Fund  USD 24.03  0.12  0.50%   
Franklin Mutual's market value is the price at which a share of Franklin Mutual trades on a public exchange. It measures the collective expectations of Franklin Mutual European investors about its performance. Franklin Mutual is trading at 24.03 as of the 24th of December 2024; that is 0.50% up since the beginning of the trading day. The fund's open price was 23.91.
With this module, you can estimate the performance of a buy and hold strategy of Franklin Mutual European and determine expected loss or profit from investing in Franklin Mutual over a given investment horizon. Check out Franklin Mutual Correlation, Franklin Mutual Volatility and Franklin Mutual Alpha and Beta module to complement your research on Franklin Mutual.
Symbol

Please note, there is a significant difference between Franklin Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Mutual's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Franklin Mutual '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 Mutual'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 Mutual.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Franklin Mutual on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Mutual European or generate 0.0% return on investment in Franklin Mutual over 30 days. Franklin Mutual is related to or competes with Blrc Sgy, Franklin High, T Rowe, and T Rowe. Under normal market conditions, the fund invests at least 80 percent of its net assets in securities of issuers outside ... More

Franklin Mutual 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 Mutual'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 Mutual European upside and downside potential and time the market with a certain degree of confidence.

Franklin Mutual Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Mutual's standard deviation. In reality, there are many statistical measures that can use Franklin Mutual historical prices to predict the future Franklin Mutual's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Mutual'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.
Hype
Prediction
LowEstimatedHigh
23.2124.0324.85
Details
Intrinsic
Valuation
LowRealHigh
21.6326.5327.35
Details

Franklin Mutual European Backtested Returns

Franklin Mutual European secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the fund had a -0.15% return per unit of standard deviation over the last 3 months. Franklin Mutual European exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Mutual's Coefficient Of Variation of (610.66), standard deviation of 0.8117, and Mean Deviation of 0.6229 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0021, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Mutual are expected to decrease at a much lower rate. During the bear market, Franklin Mutual is likely to outperform the market.

Auto-correlation

    
  -0.79  

Almost perfect reverse predictability

Franklin Mutual European has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Franklin Mutual time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Mutual European price movement. The serial correlation of -0.79 indicates that around 79.0% of current Franklin Mutual price fluctuation can be explain by its past prices.
Correlation Coefficient-0.79
Spearman Rank Test-0.94
Residual Average0.0
Price Variance0.28

Franklin Mutual European lagged returns against current returns

Autocorrelation, which is Franklin Mutual 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 Mutual's mutual fund expected returns. We can calculate the autocorrelation of Franklin Mutual returns to help us make a trade decision. For example, suppose you find that Franklin Mutual 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 Mutual 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Mutual 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 mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Franklin Mutual Lagged Returns

When evaluating Franklin Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Mutual mutual fund have on its future price. Franklin Mutual 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 Mutual autocorrelation shows the relationship between Franklin Mutual mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Mutual European.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Franklin Mutual Fund

Franklin Mutual 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 Mutual security.
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