Franklin Liberty Correlations
FLLVDelisted Etf | USD 55.91 0.37 0.67% |
The correlation of Franklin Liberty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Franklin Liberty Constituents Risk-Adjusted Indicators
There is a big difference between Franklin Etf performing well and Franklin Liberty ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Franklin Liberty's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
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FTSD | 0.07 | 0.01 | (0.18) | 0.22 | 0.00 | 0.18 | 0.49 | |||
FLQL | 0.63 | 0.06 | 0.05 | 0.20 | 0.87 | 1.20 | 5.15 | |||
EWMC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
HSCZ | 0.43 | 0.04 | 0.03 | 0.21 | 0.47 | 0.99 | 2.34 | |||
FLQM | 0.63 | 0.04 | 0.03 | 0.11 | 0.76 | 1.33 | 5.49 |
Delisting Warning - FLLV
Franklin Liberty Low was delisted
The entity Franklin Liberty Low with a symbol FLLV was delisted from NYSE ARCA Exchange. Please try Franklin Income Equity with a symbol INCE from now on. Check all delisted instruments accross multiple markets. |
Still Interested in Franklin Liberty Low?
Investing in delisted delisted etfs can be risky, as the etf is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.