Franklin Moderate Correlations

Mutual Funds . USA . 
Fund . Franklin Moderate Allocation
FMTIX Fund  USD 15.81  0.03  0.19%   
The current 90-days correlation between Franklin Moderate and Lord Abbett Inflation is -0.15 (i.e., Good diversification). The correlation of Franklin Moderate 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.

Franklin Moderate Correlation With Market

Good diversification

The correlation between Franklin Moderate Allocation and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Franklin Moderate Allocation and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Moderate Allocation. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Franklin Mutual Fund

  0.75TEGRX Templeton GrowthPairCorr
  0.73TEMGX Templeton Global SmallerPairCorr
  0.87TEMWX Templeton WorldPairCorr
  0.75TEMTX Franklin Mutual SharesPairCorr
  0.88SAIFX Clearbridge Large CapPairCorr
  0.77SAGYX Clearbridge AggressivePairCorr
  0.74TEPLX Templeton GrowthPairCorr
  0.87TWDAX Templeton WorldPairCorr
  0.74TESIX Franklin Mutual SharesPairCorr
  0.72TESGX Templeton Global SmallerPairCorr
  0.83TESRX Franklin Mutual SharesPairCorr
  0.96TEWTX Templeton WorldPairCorr
  0.8SAPYX Clearbridge AppreciationPairCorr
  0.77SASMX Clearbridge Small CapPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Franklin Mutual Fund performing well and Franklin Moderate Mutual Fund 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 Moderate'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY