Franklin Floating (Ireland) Price on November 7, 2024
| IE00B000C709 | USD 18.47 0.00 0.00% |
If you're considering investing in Franklin Fund, it is important to understand the factors that can impact its price. As of today, the current price of Franklin Floating stands at 18.47, as last reported on the 4th of December, with the highest price reaching 18.47 and the lowest price hitting 18.47 during the day. At this point, Franklin Floating is very steady. Franklin Floating Rate secures Sharpe Ratio (or Efficiency) of 0.44, which denotes the fund had a 0.44% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Franklin Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Franklin Floating's Downside Deviation of 0.1184, coefficient of variation of 262.23, and Mean Deviation of 0.0656 to check if the risk estimate we provide is consistent with the expected return of 0.0366%.
Franklin Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.441
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Based on monthly moving average Franklin Floating is performing at about 34% 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 Floating by adding it to a well-diversified portfolio.
Franklin Floating Valuation on November 7, 2024
It is possible to determine the worth of Franklin Floating on a given historical date. On November 7, 2024 Franklin was worth 18.32 at the beginning of the trading date compared to the closed value of 18.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Floating fund. Still, in general, we apply an absolute valuation method to find Franklin Floating'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 Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Floating's related companies.
| Open | High | Low | Close | Volume | |
| 18.29 | 18.29 | 18.29 | 18.29 | 1.00 | |
11/07/2024 | 18.32 | 18.32 | 18.32 | 18.32 | 1.00 |
| 18.34 | 18.34 | 18.34 | 18.34 | 1.00 |
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Franklin Floating Trading Date Momentum on November 7, 2024
| On November 08 2024 Franklin Floating Rate was traded for 18.34 at the closing time. The highest price during the trading period was 18.34 and the lowest recorded bid was listed for 18.34 . There was no trading activity during the period 1.0. Lack of trading volume on November 8, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.11% . The overall trading delta to the current price is 0.27% . |
Franklin Floating Rate Fundamentals Correlations and Trends
By evaluating Franklin Floating'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 Floating'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 Floating Fund history
Franklin Floating 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 Floating Rate 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 Floating stock prices may prove useful in developing a viable investing in Franklin Floating
The Funds investment objective is to provide a high level of current income and preservation of capital by investing up to 100 percent of its net assets in shares of the Franklin Floating Rate Master Series in the Franklin Floating Rate Master Trust . Franklin Floating is traded on Irland Stock Exchange in Ireland.
Franklin Floating Fund Technical Analysis
Franklin Floating technical 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 Floating Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Franklin Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on Irish 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 Floating December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Floating 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 Floating shares will generate the highest return on investment. By undertsting and applying Franklin Floating fund market strength indicators, traders can identify Franklin Floating Rate entry and exit signals to maximize returns
Franklin Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Floating's price direction in advance. Along with the technical and fundamental analysis of Franklin 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 | 0.2111 | |||
| Jensen Alpha | 0.021 | |||
| Total Risk Alpha | 0.0109 | |||
| Sortino Ratio | (0.68) | |||
| Treynor Ratio | 1.65 |
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Other Information on Investing in Franklin Fund
Franklin Floating financial ratios help investors to determine whether Franklin 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 Floating security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |