Franklin Small Cap Fund Market Value
| FVFRX Fund | USD 55.76 0.50 0.90% |
| Symbol | Franklin |
Franklin Small '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 Small'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 Small.
| 10/02/2023 |
| 12/25/2024 |
If you would invest 0.00 in Franklin Small on October 2, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin Small Cap or generate 0.0% return on investment in Franklin Small over 450 days. Franklin Small is related to or competes with Glg Intl, Sp Smallcap, Df Dent, Guidemark Smallmid, Ab Small, Eagle Small, and Vy Jpmorgan. The fund normally invests at least 80 percent of its net assets in investments of small-capitalization companies More
Franklin Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.61 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.73 |
Franklin Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Small's standard deviation. In reality, there are many statistical measures that can use Franklin Small historical prices to predict the future Franklin Small's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.06) |
Franklin Small Cap Backtested Returns
Franklin Small Cap secures Sharpe Ratio (or Efficiency) of -0.0429, which denotes the fund had a -0.0429% return per unit of standard deviation over the last 3 months. Franklin Small Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Small's Mean Deviation of 0.9487, coefficient of variation of (2,144), and Standard Deviation of 1.47 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.3, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Franklin Small will likely underperform.
Auto-correlation | 0.65 |
Good predictability
Franklin Small Cap has good predictability. Overlapping area represents the amount of predictability between Franklin Small 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 Small Cap price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Franklin Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 10.34 |
Franklin Small Cap lagged returns against current returns
Autocorrelation, which is Franklin Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Franklin Small returns to help us make a trade decision. For example, suppose you find that Franklin Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Small Lagged Returns
When evaluating Franklin Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Small mutual fund have on its future price. Franklin Small 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 Small autocorrelation shows the relationship between Franklin Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Small Cap.
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 Small 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 Small security.
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