Franklin Disruptive Commerce Etf Market Value
| BUYZ Etf | USD 38.89 0.00 0.00% |
| Symbol | Franklin |
The market value of Franklin Disruptive is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Disruptive's value that differs from its market value or its book value, called intrinsic value, which is Franklin Disruptive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Disruptive's market value can be influenced by many factors that don't directly affect Franklin Disruptive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Disruptive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Disruptive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Disruptive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Franklin Disruptive 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Franklin Disruptive's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Franklin Disruptive.
| 10/23/2023 |
| 12/16/2024 |
If you would invest 0.00 in Franklin Disruptive on October 23, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin Disruptive Commerce or generate 0.0% return on investment in Franklin Disruptive over 420 days. Franklin Disruptive is related to or competes with Franklin Templeton, TrueShares Technology, Franklin Exponential, Franklin Genomic, and Esoterica NextG. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies... More
Franklin Disruptive Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Franklin Disruptive's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Franklin Disruptive Commerce upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7579 | |||
| Information Ratio | 0.1844 | |||
| Maximum Drawdown | 4.98 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.65 |
Franklin Disruptive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Disruptive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Disruptive's standard deviation. In reality, there are many statistical measures that can use Franklin Disruptive historical prices to predict the future Franklin Disruptive's volatility.| Risk Adjusted Performance | 0.2163 | |||
| Jensen Alpha | 0.1711 | |||
| Total Risk Alpha | 0.1442 | |||
| Sortino Ratio | 0.219 | |||
| Treynor Ratio | 0.2717 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Disruptive's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Disruptive Backtested Returns
Franklin Disruptive appears to be very steady, given 3 months investment horizon. Franklin Disruptive secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the etf had a 0.27% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Disruptive Commerce, which you can use to evaluate the volatility of the entity. Please utilize Franklin Disruptive's Mean Deviation of 0.6706, downside deviation of 0.7579, and Semi Deviation of 0.3831 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.94, which means possible diversification benefits within a given portfolio. Franklin Disruptive returns are very sensitive to returns on the market. As the market goes up or down, Franklin Disruptive is expected to follow.
Auto-correlation | 0.65 |
Good predictability
Franklin Disruptive Commerce has good predictability. Overlapping area represents the amount of predictability between Franklin Disruptive time series from 23rd of October 2023 to 20th of May 2024 and 20th of May 2024 to 16th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Franklin Disruptive price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Franklin Disruptive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 7.73 |
Franklin Disruptive lagged returns against current returns
Autocorrelation, which is Franklin Disruptive etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Franklin Disruptive's etf expected returns. We can calculate the autocorrelation of Franklin Disruptive returns to help us make a trade decision. For example, suppose you find that Franklin Disruptive has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Franklin Disruptive regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Franklin Disruptive etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Disruptive etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Disruptive etf over time.
Current vs Lagged Prices |
| Timeline |
Franklin Disruptive Lagged Returns
When evaluating Franklin Disruptive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Disruptive etf have on its future price. Franklin Disruptive autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Franklin Disruptive autocorrelation shows the relationship between Franklin Disruptive etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin Disruptive Commerce.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Franklin Disruptive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Disruptive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Disruptive Commerce Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Disruptive Commerce Etf:Check out Franklin Disruptive Correlation, Franklin Disruptive Volatility and Franklin Disruptive Alpha and Beta module to complement your research on Franklin Disruptive. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Franklin Disruptive technical etf 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, etf market cycles, or different charting patterns.