Franklin New York Fund Price on November 25, 2024

FKNIX Fund  USD 10.70  0.00  0.00%   
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Franklin New stands at 10.70, as last reported on the 30th of December, with the highest price reaching 10.70 and the lowest price hitting 10.70 during the day. Franklin New York secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the fund had a -0.11% return per unit of standard deviation over the last 3 months. Franklin New York exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin New's Mean Deviation of 0.1463, coefficient of variation of (882.48), and Standard Deviation of 0.2187 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.

Sharpe Ratio = -0.1133

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Estimated Market Risk

 0.22
  actual daily
1
99% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Franklin New 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 New by adding Franklin New to a well-diversified portfolio.

Franklin New Valuation on November 25, 2024

It is possible to determine the worth of Franklin New on a given historical date. On November 25, 2024 Franklin was worth 10.78 at the beginning of the trading date compared to the closed value of 10.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin New mutual fund. Still, in general, we apply an absolute valuation method to find Franklin New'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 New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin New's related companies.
 Open High Low Close Volume
  10.76    10.76    10.76    10.76    1.00  
11/25/2024
  10.78    10.78    10.78    10.78    1.00  
  10.79    10.79    10.79    10.79    1.00  
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Open Value
10.78
10.78
Closing Value
11.44
Upside

Franklin New Trading Date Momentum on November 25, 2024

On November 26 2024 Franklin New York was traded for  10.79  at the closing time. The highest daily price throughout the period was 10.79  and the lowest price was  10.79 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.09% . The overall trading delta to current closing price is 0.83% .

Franklin New York Fundamentals Correlations and Trends

By evaluating Franklin New'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 New'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 New Mutual Fund history

Franklin New 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 New York 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 New stock prices may prove useful in developing a viable investing in Franklin New
Under normal market conditions, the fund invests at least 80 percent of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and from New York State personal income taxes. Franklin New is traded on NASDAQ Exchange in the United States.

Franklin New Mutual Fund Technical Analysis

Franklin New 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.
A focus of Franklin New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Franklin New Period Price Range

Low
December 30, 2024
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High

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Franklin New York 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 New December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Franklin New 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 New shares will generate the highest return on investment. By undertsting and applying Franklin New mutual fund market strength indicators, traders can identify Franklin New York entry and exit signals to maximize returns

Franklin New Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Franklin New'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.

Other Information on Investing in Franklin Mutual Fund

Franklin New 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 New security.
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