Franklin Resources Stock Price on December 24, 2024
BEN Stock | USD 20.46 0.03 0.15% |
Below is the normalized historical share price chart for Franklin Resources extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin Resources stands at 20.46, as last reported on the 25th of December, with the highest price reaching 20.62 and the lowest price hitting 20.27 during the day.
If you're considering investing in Franklin Stock, it is important to understand the factors that can impact its price. As of now, Franklin Stock is very steady. Franklin Resources secures Sharpe Ratio (or Efficiency) of 0.0139, which denotes the company had a 0.0139% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Resources, which you can use to evaluate the volatility of the firm. Please confirm Franklin Resources' Mean Deviation of 1.27, downside deviation of 1.84, and Semi Deviation of 1.8 to check if the risk estimate we provide is consistent with the expected return of 0.0233%.
At this time, Franklin Resources' Common Stock Shares Outstanding is very stable compared to the past year. As of the 25th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 34.1 B, while Total Stockholder Equity is likely to drop about 6.3 B. . At this time, Franklin Resources' Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 25th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 13.57, while Price To Sales Ratio is likely to drop 1.15. Franklin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 22.6681 | 50 Day MA 21.3414 | Beta 1.402 |
Franklin |
Sharpe Ratio = 0.0139
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Estimated Market Risk
1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Franklin Resources is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Resources by adding it to a well-diversified portfolio.
Price Book 0.8571 | Enterprise Value Ebitda 14.1071 | Price Sales 1.2645 | Shares Float 309 M | Dividend Share 1.24 |
Franklin Resources Valuation on December 24, 2024
It is possible to determine the worth of Franklin Resources on a given historical date. On December 24, 2024 Franklin was worth 20.42 at the beginning of the trading date compared to the closed value of 20.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Resources stock. Still, in general, we apply an absolute valuation method to find Franklin Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Franklin Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Resources' related companies.
Open | High | Low | Close | Volume | |
20.42 | 20.62 | 20.27 | 20.46 | 3,446,225 | |
12/25/2024 | 20.42 | 20.62 | 20.27 | 20.46 | 0.00 |
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Franklin Resources Trading Date Momentum on December 24, 2024
On December 25 2024 Franklin Resources was traded for 20.46 at the closing time. Highest Franklin Resources's price during the trading hours was 20.62 and the lowest price during the day was 20.27 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of December did not affect price variability. The overall trading delta to current price is 0.20% . |
Franklin Resources Fundamentals Correlations and Trends
By evaluating Franklin Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Franklin Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Franklin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Franklin Resources Stock history
Franklin Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Resources stock prices may prove useful in developing a viable investing in Franklin Resources
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 510.3 M | 539 M | |
Net Income Applicable To Common Shares | 971.9 M | 1.4 B |
Franklin Resources Quarterly Net Working Capital |
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Franklin Resources Stock Technical Analysis
Franklin Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Franklin Resources Period Price Range
Low | December 25, 2024
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0.00 | 0.00 |
Franklin Resources cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Franklin Resources December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Resources shares will generate the highest return on investment. By undertsting and applying Franklin Resources stock market strength indicators, traders can identify Franklin Resources entry and exit signals to maximize returns
Franklin Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Resources' price direction in advance. Along with the technical and fundamental analysis of Franklin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0104 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0029 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Resources. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Dividend Share 1.24 | Earnings Share 0.85 | Revenue Per Share 16.64 | Quarterly Revenue Growth 0.113 |
The market value of Franklin Resources 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 Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' 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 Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' 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 Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' 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.