Franklin K2 Alternative Fund Price on March 31, 2023
| FAAAX Fund | USD 12.13 0.01 0.08% |
Below is the normalized historical share price chart for Franklin K2 Alternative extending back to November 18, 2013. 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 stands at 12.13, as last reported on the 24th of December, with the highest price reaching 12.13 and the lowest price hitting 12.13 during the day.
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Franklin Mutual Fund to be very steady. Franklin K2 Alternative secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Franklin K2 Alternative, which you can use to evaluate the volatility of the entity. Please confirm Franklin's Mean Deviation of 0.1306, downside deviation of 0.2433, and Coefficient Of Variation of 495.09 to check if the risk estimate we provide is consistent with the expected return of 0.0346%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.1948
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FAAAX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Franklin is performing at about 15% 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 by adding it to a well-diversified portfolio.
Franklin Valuation on March 31, 2023
It is possible to determine the worth of Franklin on a given historical date. On March 31, 2023 Franklin was worth 10.66 at the beginning of the trading date compared to the closed value of 10.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin mutual fund. Still, in general, we apply an absolute valuation method to find Franklin's 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin's related companies.
| Open | High | Low | Close | Volume | |
| 10.64 | 10.64 | 10.64 | 10.64 | 1.00 | |
03/31/2023 | 10.66 | 10.66 | 10.66 | 10.66 | 1.00 |
| 10.66 | 10.66 | 10.66 | 10.66 | 1.00 |
| Backtest Franklin | | | Franklin History | | | Franklin Valuation | Previous | Next |
Franklin Trading Date Momentum on March 31, 2023
| On April 03 2023 Franklin K2 Alternative was traded for 10.66 at the closing time. The highest daily price throughout the period was 10.66 and the lowest price was 10.66 . There was no trading activity during the period 1.0. Lack of trading volume on 04/03/2023 did not affect price variability. The overall trading delta to current closing price is 0.09% . |
Franklin K2 Alternative Fundamentals Correlations and Trends
By evaluating Franklin's 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's 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 Mutual Fund history
Franklin 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 K2 Alternative 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 stock prices may prove useful in developing a viable investing in Franklin
The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. It may invest in a wide range of securities and other investments including, but not limited to equity securities and debt securities.
Franklin Mutual Fund Technical Analysis
Franklin technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Franklin Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Franklin K2 Alternative cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin shares will generate the highest return on investment. By undertsting and applying Franklin mutual fund market strength indicators, traders can identify Franklin K2 Alternative entry and exit signals to maximize returns
Franklin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin's price direction in advance. Along with the technical and fundamental analysis of Franklin Mutual Fund 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 | 0.125 | |||
| Jensen Alpha | 0.023 | |||
| Total Risk Alpha | 0.0204 | |||
| Sortino Ratio | 0.0098 | |||
| Treynor Ratio | 0.2324 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Franklin Mutual Fund
Franklin financial ratios help investors to determine whether Franklin Mutual 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.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |