Franklin Government Money Fund Odds of Future Money Market Fund Price Finishing Over 1.13
FRQXX Fund | USD 1.00 0.00 0.00% |
Franklin |
Franklin Target Price Odds to finish over 1.13
The tendency of Franklin Money Market Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move over $ 1.13 or more in 90 days |
1.00 | 90 days | 1.13 | close to zero percent |
Based on a normal probability distribution, the odds of Franklin to move over $ 1.13 or more in 90 days from now is close to zero percent (This Franklin Government Money probability density function shows the probability of Franklin Money Market Fund to fall within a particular range of prices over 90 days) . Probability of Franklin Government Money price to stay between its current price of $ 1.00 and $ 1.13 at the end of the 90-day period is about 50.0 .
Assuming the 90 days horizon Franklin Government Money has a beta of -0.0026. This usually indicates as returns on the benchmark increase, returns on holding Franklin are expected to decrease at a much lower rate. During a bear market, however, Franklin Government Money is likely to outperform the market. Additionally Franklin Government Money has an alpha of 0.0056, implying that it can generate a 0.005636 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Franklin Price Density |
Price |
Predictive Modules for Franklin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Government Money. Regardless of method or technology, however, to accurately forecast the money market fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the money market fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin is not an exception. The market had few large corrections towards the Franklin's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Franklin Government Money, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.0026 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.98 |
Franklin Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Franklin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Government Money can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Franklin has some characteristics of a very speculative penny stock | |
The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Franklin Technical Analysis
Franklin's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Money Market Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Government Money. In general, you should focus on analyzing Franklin Money Market Fund price patterns and their correlations with different microeconomic environments and drivers.
Franklin Predictive Forecast Models
Franklin's time-series forecasting models is one of many Franklin's money market fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Franklin's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the money market fund market movement and maximize returns from investment trading.
Things to note about Franklin Government Money
Checking the ongoing alerts about Franklin for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Government Money help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Franklin has some characteristics of a very speculative penny stock | |
The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Franklin Money Market Fund
Franklin financial ratios help investors to determine whether Franklin Money Market 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 security.
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