Franklin Rising Dividends Fund Market Value

FRISX Fund  USD 90.49  0.83  0.93%   
Franklin Rising's market value is the price at which a share of Franklin Rising trades on a public exchange. It measures the collective expectations of Franklin Rising Dividends investors about its performance. Franklin Rising is trading at 90.49 as of the 24th of December 2024; that is 0.93% up since the beginning of the trading day. The fund's open price was 89.66.
With this module, you can estimate the performance of a buy and hold strategy of Franklin Rising Dividends and determine expected loss or profit from investing in Franklin Rising over a given investment horizon. Check out Franklin Rising Correlation, Franklin Rising Volatility and Franklin Rising Alpha and Beta module to complement your research on Franklin Rising.
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Please note, there is a significant difference between Franklin Rising's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Rising is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Rising'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 Rising '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 Rising'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 Rising.
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 Rising on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Rising Dividends or generate 0.0% return on investment in Franklin Rising over 30 days. Franklin Rising is related to or competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, Franklin Mutual, Templeton Foreign, and Templeton Foreign. The fund invests at least 80 percent of its net assets in investments of companies that have paid consistently rising di... More

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

Franklin Rising Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Rising's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Rising's standard deviation. In reality, there are many statistical measures that can use Franklin Rising historical prices to predict the future Franklin Rising'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 Rising'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
88.4489.6290.80
Details
Intrinsic
Valuation
LowRealHigh
80.6991.2192.39
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Franklin Rising Dividends Backtested Returns

Franklin Rising Dividends secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the fund had a -0.11% return per unit of standard deviation over the last 3 months. Franklin Rising Dividends exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Rising's Standard Deviation of 1.16, coefficient of variation of (815.99), and Mean Deviation of 0.5811 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0569, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Rising's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Rising is expected to be smaller as well.

Auto-correlation

    
  0.83  

Very good predictability

Franklin Rising Dividends has very good predictability. Overlapping area represents the amount of predictability between Franklin Rising 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 Rising Dividends price movement. The serial correlation of 0.83 indicates that around 83.0% of current Franklin Rising price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.79
Residual Average0.0
Price Variance10.95

Franklin Rising Dividends lagged returns against current returns

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

Franklin Rising Lagged Returns

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

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Other Information on Investing in Franklin Mutual Fund

Franklin Rising 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 Rising security.
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