Franklin Liberty Financials
| FLMB Etf | USD 24.36 0.05 0.21% |
Net Expense Ratio 0.003 | 3 y Sharp Ratio (0.45) |
Franklin |
The data published in Franklin Liberty's official financial statements typically reflect Franklin Liberty's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Franklin Liberty's quantitative information. For example, before you start analyzing numbers published by Franklin accountants, it's essential to understand Franklin Liberty's liquidity, profitability, and earnings quality within the context of the Franklin Templeton Investments space in which it operates.
Please note, the presentation of Franklin Liberty's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Franklin Liberty's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Franklin Liberty's management manipulating its earnings.
Franklin Liberty Etf Summary
Franklin Liberty competes with Franklin Liberty, IQ MacKay, Xtrackers Municipal, Hartford Municipal, and IQ MacKay. The fund invests at least 80 percent of its net assets in municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Franklin Liberty is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US35473P8501 |
| CUSIP | 35473P850 |
| Region | North America |
| Investment Issuer | Franklin Templeton Investments |
| Etf Family | Franklin Templeton Investments |
| Fund Category | Municipals |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Franklin Liberty Key Financial Ratios
Franklin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Liberty's current stock value. Our valuation model uses many indicators to compare Franklin Liberty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin Liberty competition to find correlations between indicators driving Franklin Liberty's intrinsic value. More Info.Franklin Liberty Federal is rated # 4 ETF in beta as compared to similar ETFs. It is one of the top ETFs in one year return as compared to similar ETFs reporting about 6.94 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin Liberty's earnings, one of the primary drivers of an investment's value.Franklin Liberty Federal Systematic Risk
Franklin Liberty's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin Liberty volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Franklin Liberty Federal correlated with the market. If Beta is less than 0 Franklin Liberty generally moves in the opposite direction as compared to the market. If Franklin Liberty Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Liberty Federal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Liberty is generally in the same direction as the market. If Beta > 1 Franklin Liberty moves generally in the same direction as, but more than the movement of the benchmark.
About Franklin Liberty Financials
What exactly are Franklin Liberty Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Franklin Liberty's income statement, its balance sheet, and the statement of cash flows. Potential Franklin Liberty investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Franklin Liberty investors may use each financial statement separately, they are all related. The changes in Franklin Liberty's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Franklin Liberty's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Franklin Liberty Thematic Clasifications
Franklin Liberty Federal is part of several thematic ideas from Investment Grade ETFs to Municipals ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasFranklin Liberty November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin Liberty help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin Liberty Federal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Liberty Federal based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin Liberty's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3562 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 2.08 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.5027 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty Federal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Franklin Liberty Federal is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.