Franklin Income Fund Price on December 17, 2024
FKINX Fund | USD 2.35 0.01 0.43% |
Below is the normalized historical share price chart for Franklin Income Fund extending back to May 15, 1986. 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 Income stands at 2.35, as last reported on the 20th of December, with the highest price reaching 2.35 and the lowest price hitting 2.35 during the day.
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. Franklin Income secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the fund had a -0.15% return per unit of standard deviation over the last 3 months. Franklin Income Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Income's Mean Deviation of 0.2396, standard deviation of 0.3344, and Coefficient Of Variation of (758.23) to check the risk estimate we provide.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = -0.1545
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Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Franklin Income is not performing at its full potential. However, 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 Income by adding Franklin Income to a well-diversified portfolio.
Franklin Income Valuation on December 17, 2024
It is possible to determine the worth of Franklin Income on a given historical date. On December 17, 2024 Franklin was worth 2.38 at the beginning of the trading date compared to the closed value of 2.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Income mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Income's related companies.
Open | High | Low | Close | Volume | |
2.38 | 2.38 | 2.38 | 2.38 | 1.00 | |
12/17/2024 | 2.38 | 2.38 | 2.38 | 2.38 | 1.00 |
2.35 | 2.35 | 2.35 | 2.35 | 1.00 |
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Franklin Income Trading Date Momentum on December 17, 2024
On December 18 2024 Franklin Income Fund was traded for 2.35 at the closing time. The highest daily price throughout the period was 2.35 and the lowest price was 2.35 . There was no trading activity during the period 1.0. Lack of trading volume on 12/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.26% . The overall trading delta to current closing price is 1.26% . |
Franklin Income Fundamentals Correlations and Trends
By evaluating Franklin Income'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 Income'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 Income Mutual Fund history
Franklin Income 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 Income 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 Income stock prices may prove useful in developing a viable investing in Franklin Income
The fund invests in a diversified portfolio of debt and equity securities. The equity securities in which the fund invests consist primarily of common stocks. Debt securities include all varieties of fixed, floating and variable rate instruments, including secured and unsecured bonds, bonds convertible into common stock, senior floating rate and term loans, mortgage-backed securities and other asset-backed securities, debentures, and shorter term instruments. It may invest up to 100 percent of its total assets in debt securities that are rated below investment grade.
Franklin Income Mutual Fund Technical Analysis
Franklin Income 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 Income Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Franklin Income Fund 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 Income December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Income 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 Income shares will generate the highest return on investment. By undertsting and applying Franklin Income mutual fund market strength indicators, traders can identify Franklin Income Fund entry and exit signals to maximize returns
Franklin Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Income'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 | (0.12) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.65) |
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Volume Indicators |
Other Information on Investing in Franklin Mutual Fund
Franklin Income 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 Income security.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Transaction History View history of all your transactions and understand their impact on performance |