Franklin Universal Closed Etf Probability of Future Etf Price Finishing Under 5.49
| FT Etf | USD 7.53 0.07 0.92% |
Franklin |
Franklin Universal Target Price Odds to finish below 5.49
The tendency of Franklin Etf 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 drop to $ 5.49 or more in 90 days |
| 7.53 | 90 days | 5.49 | near 1 |
Based on a normal probability distribution, the odds of Franklin Universal to drop to $ 5.49 or more in 90 days from now is near 1 (This Franklin Universal Closed probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) . Probability of Franklin Universal Closed price to stay between $ 5.49 and its current price of $7.53 at the end of the 90-day period is about 59.79 .
Allowing for the 90-day total investment horizon Franklin Universal has a beta of 0.33. This usually indicates as returns on the market go up, Franklin Universal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Universal Closed will be expected to be much smaller as well. Additionally Franklin Universal Closed has an alpha of 0.0159, implying that it can generate a 0.0159 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Franklin Universal Price Density |
| Price |
Predictive Modules for Franklin Universal
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 Universal Closed. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 Universal'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 Universal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Universal is not an exception. The market had few large corrections towards the Franklin Universal'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 Universal Closed, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Universal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.08 |
Franklin Universal 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 Universal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Universal Closed can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| On 31st of October 2024 Franklin Universal paid $ 0.0425 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Franklin Universal Trust Announces Notifica | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Franklin Universal Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Franklin Etf often depends not only on the future outlook of the current and potential Franklin Universal's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Franklin Universal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.1 M | |
| Cash And Short Term Investments | 4.1 M |
Franklin Universal Technical Analysis
Franklin Universal's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Universal Closed. In general, you should focus on analyzing Franklin Etf price patterns and their correlations with different microeconomic environments and drivers.
Franklin Universal Predictive Forecast Models
Franklin Universal's time-series forecasting models is one of many Franklin Universal's etf 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 Universal'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 etf market movement and maximize returns from investment trading.
Things to note about Franklin Universal Closed
Checking the ongoing alerts about Franklin Universal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Universal Closed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| On 31st of October 2024 Franklin Universal paid $ 0.0425 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Franklin Universal Trust Announces Notifica | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Franklin Etf
Franklin Universal financial ratios help investors to determine whether Franklin Etf 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 Universal security.