Franklin Balance Sheet Fund Market Value

FRBSX Fund  USD 39.70  0.12  0.30%   
Franklin Balance's market value is the price at which a share of Franklin Balance trades on a public exchange. It measures the collective expectations of Franklin Balance Sheet investors about its performance. Franklin Balance is trading at 39.70 as of the 4th of December 2024; that is 0.3% down since the beginning of the trading day. The fund's open price was 39.82.
With this module, you can estimate the performance of a buy and hold strategy of Franklin Balance Sheet and determine expected loss or profit from investing in Franklin Balance over a given investment horizon. Check out Franklin Balance Correlation, Franklin Balance Volatility and Franklin Balance Alpha and Beta module to complement your research on Franklin Balance.
Symbol

Please note, there is a significant difference between Franklin Balance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Balance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Balance'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 Balance '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 Balance'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 Balance.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in Franklin Balance on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Balance Sheet or generate 0.0% return on investment in Franklin Balance over 180 days. Franklin Balance 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 Balance 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 Balance'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 Balance Sheet upside and downside potential and time the market with a certain degree of confidence.

Franklin Balance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Balance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Balance's standard deviation. In reality, there are many statistical measures that can use Franklin Balance historical prices to predict the future Franklin Balance'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 Balance'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
38.9139.7040.49
Details
Intrinsic
Valuation
LowRealHigh
38.5939.3840.17
Details
Naive
Forecast
LowNextHigh
39.2140.0140.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.0039.5940.18
Details

Franklin Balance Sheet Backtested Returns

At this stage we consider Franklin Mutual Fund to be very steady. Franklin Balance Sheet secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the fund had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Balance Sheet, which you can use to evaluate the volatility of the entity. Please confirm Franklin Balance's Mean Deviation of 0.6175, downside deviation of 0.669, and Semi Deviation of 0.5915 to check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.93, which means possible diversification benefits within a given portfolio. Franklin Balance returns are very sensitive to returns on the market. As the market goes up or down, Franklin Balance is expected to follow.

Auto-correlation

    
  0.69  

Good predictability

Franklin Balance Sheet has good predictability. Overlapping area represents the amount of predictability between Franklin Balance time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Balance Sheet price movement. The serial correlation of 0.69 indicates that around 69.0% of current Franklin Balance price fluctuation can be explain by its past prices.
Correlation Coefficient0.69
Spearman Rank Test0.54
Residual Average0.0
Price Variance0.86

Franklin Balance Sheet lagged returns against current returns

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

Franklin Balance Lagged Returns

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

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Other Information on Investing in Franklin Mutual Fund

Franklin Balance 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 Balance security.
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