Franklin Government Money Fund Price on September 27, 2023
| FRQXX Fund | USD 1.00 0.00 0.00% |
Below is the normalized historical share price chart for Franklin Government Money extending back to October 21, 2019. 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 Government stands at 1.00, as last reported on the 25th of December, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day.
If you're considering investing in Franklin Money Market Fund, it is important to understand the factors that can impact its price. At this stage we consider Franklin Money Market Fund to be not too volatile. Franklin Government Money secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for Franklin Government Money, which you can use to evaluate the volatility of the entity. Please confirm Franklin Government's Coefficient Of Variation of 812.4, standard deviation of 0.1243, and Mean Deviation of 0.0301 to check if the risk estimate we provide is consistent with the expected return of 0.016%.
Franklin Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.126
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| Negative Returns | FRQXX |
Estimated Market Risk
| 0.13 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
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Franklin Government is performing at about 9% 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 Government by adding it to a well-diversified portfolio.
Franklin Government Valuation on September 27, 2023
It is possible to determine the worth of Franklin Government on a given historical date. On September 27, 2023 Franklin was worth 0.95 at the beginning of the trading date compared to the closed value of 0.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Government money market fund. Still, in general, we apply an absolute valuation method to find Franklin Government'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 Government where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Government's related companies.
| Open | High | Low | Close | Volume | |
| 0.95 | 0.95 | 0.95 | 0.95 | 1.00 | |
09/27/2023 | 0.95 | 0.95 | 0.95 | 0.95 | 1.00 |
| 0.95 | 0.95 | 0.95 | 0.95 | 1.00 |
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Franklin Government Trading Date Momentum on September 27, 2023
| On September 28 2023 Franklin Government Money was traded for 0.95 at the closing time. The highest daily price throughout the period was 0.95 and the lowest price was 0.95 . There was no trading activity during the period 1.0. Lack of trading volume on 09/28/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About Franklin Government Money Market Fund history
Franklin Government 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 Government Money 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 Government stock prices may prove useful in developing a viable investing in Franklin Government
Franklin Government Money Market Fund Technical Analysis
Franklin Government technical money market 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 Government Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Franklin Government Money 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 Government December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Government money market 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 Government shares will generate the highest return on investment. By undertsting and applying Franklin Government money market fund market strength indicators, traders can identify Franklin Government Money entry and exit signals to maximize returns
Franklin Government Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Government's price direction in advance. Along with the technical and fundamental analysis of Franklin Money Market 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 | 0.0441 | |||
| Jensen Alpha | 0.0057 | |||
| Total Risk Alpha | (0.000097) | |||
| Treynor Ratio | (0.48) |
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Other Information on Investing in Franklin Money Market Fund
Franklin Government financial ratios help investors to determine whether Franklin Money Market 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 Government security.
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