Templeton Developing Markets Fund Market Value
| TEDMX Fund | USD 19.67 0.09 0.46% |
| Symbol | Templeton |
Templeton Developing '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 Templeton Developing'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 Templeton Developing.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Templeton Developing on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Templeton Developing Markets or generate 0.0% return on investment in Templeton Developing over 360 days. Templeton Developing is related to or competes with Templeton Foreign, Franklin Mutual, Templeton Growth, and Franklin Real. The fund invests at least 80 percent of its net assets in securities of companies located or operating in developing mar... More
Templeton Developing 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 Templeton Developing'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 Templeton Developing Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.2 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 1.84 |
Templeton Developing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Templeton Developing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Templeton Developing's standard deviation. In reality, there are many statistical measures that can use Templeton Developing historical prices to predict the future Templeton Developing's volatility.| Risk Adjusted Performance | 0.017 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0244 |
Templeton Developing Backtested Returns
At this stage we consider Templeton Mutual Fund to be very steady. Templeton Developing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0444, which indicates the fund had a 0.0444% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Templeton Developing Markets, which you can use to evaluate the volatility of the fund. Please validate Templeton Developing's Risk Adjusted Performance of 0.017, coefficient of variation of 5632.68, and Semi Deviation of 0.9712 to confirm if the risk estimate we provide is consistent with the expected return of 0.051%. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Templeton Developing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Templeton Developing is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Templeton Developing Markets has average predictability. Overlapping area represents the amount of predictability between Templeton Developing time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Templeton Developing price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Templeton Developing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Templeton Developing lagged returns against current returns
Autocorrelation, which is Templeton Developing 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 Templeton Developing's mutual fund expected returns. We can calculate the autocorrelation of Templeton Developing returns to help us make a trade decision. For example, suppose you find that Templeton Developing 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 |
Templeton Developing 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 Templeton Developing mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Templeton Developing mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Templeton Developing mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Templeton Developing Lagged Returns
When evaluating Templeton Developing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Templeton Developing mutual fund have on its future price. Templeton Developing 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, Templeton Developing autocorrelation shows the relationship between Templeton Developing mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Templeton Developing Markets.
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 Templeton Mutual Fund
Templeton Developing financial ratios help investors to determine whether Templeton 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 Templeton with respect to the benefits of owning Templeton Developing security.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |