Franklin Efolio Allocation Fund Market Value
| FTCOX Fund | USD 24.63 0.13 0.53% |
| Symbol | Franklin |
Franklin Corefolio '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 Corefolio'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 Corefolio.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Franklin Corefolio on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Efolio Allocation or generate 0.0% return on investment in Franklin Corefolio over 30 days. Franklin Corefolio is related to or competes with Maryland Tax, Multisector Bond, Bbh Intermediate, Artisan High, Touchstone Premium, and Ultra-short Fixed. The fund is a fund to funds meaning that it seeks to achieve its investment goal by investing its assets in a combinatio... More
Franklin Corefolio 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 Corefolio'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 Efolio Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8099 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.06 |
Franklin Corefolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Corefolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Corefolio's standard deviation. In reality, there are many statistical measures that can use Franklin Corefolio historical prices to predict the future Franklin Corefolio's volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.058 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (10.41) |
Franklin Efolio Allo Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Efolio Allo 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. We have found twenty-eight technical indicators for Franklin Efolio Allocation, which you can use to evaluate the volatility of the entity. Please confirm Franklin Corefolio's Downside Deviation of 0.8099, mean deviation of 0.5562, and Semi Deviation of 0.7085 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 -0.0055, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Corefolio are expected to decrease at a much lower rate. During the bear market, Franklin Corefolio is likely to outperform the market.
Auto-correlation | 0.95 |
Excellent predictability
Franklin Efolio Allocation has excellent predictability. Overlapping area represents the amount of predictability between Franklin Corefolio time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Efolio Allo price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Franklin Corefolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Franklin Efolio Allo lagged returns against current returns
Autocorrelation, which is Franklin Corefolio 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 Corefolio's mutual fund expected returns. We can calculate the autocorrelation of Franklin Corefolio returns to help us make a trade decision. For example, suppose you find that Franklin Corefolio 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 Corefolio 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 Corefolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Corefolio 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 Corefolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Corefolio Lagged Returns
When evaluating Franklin Corefolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Corefolio mutual fund have on its future price. Franklin Corefolio 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 Corefolio autocorrelation shows the relationship between Franklin Corefolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Efolio Allocation.
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 Corefolio 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 Corefolio security.
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