Franklin Adjustable Government Fund Market Value
| FAUZX Fund | USD 7.54 0.01 0.13% |
| Symbol | Franklin |
Franklin Adjustable '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 Adjustable's mutual fund 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 Adjustable.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Franklin Adjustable on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Adjustable Government or generate 0.0% return on investment in Franklin Adjustable over 60 days. Franklin Adjustable is related to or competes with Harding Loevner, Artisan Emerging, Doubleline Emerging, Barings Emerging, Mid Cap, Dws Emerging, and Transamerica Emerging. The fund normally invests at least 80 percent of its net assets in adjustable-rate U.S More
Franklin Adjustable 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 Adjustable's mutual fund 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 Adjustable Government upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 0.667 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.1333 |
Franklin Adjustable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Adjustable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Adjustable's standard deviation. In reality, there are many statistical measures that can use Franklin Adjustable historical prices to predict the future Franklin Adjustable's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.84) |
Franklin Adjustable Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Adjustable secures Sharpe Ratio (or Efficiency) of 0.059, which denotes the fund had a 0.059% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for Franklin Adjustable Government, which you can use to evaluate the volatility of the entity. Please confirm Franklin Adjustable's Mean Deviation of 0.0556, coefficient of variation of (6,075), and Standard Deviation of 0.1178 to check if the risk estimate we provide is consistent with the expected return of 0.0064%. The fund shows a Beta (market volatility) of 0.0142, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Adjustable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Adjustable is expected to be smaller as well.
Auto-correlation | 0.09 |
Virtually no predictability
Franklin Adjustable Government has virtually no predictability. Overlapping area represents the amount of predictability between Franklin Adjustable time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. 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 Adjustable price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Franklin Adjustable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Franklin Adjustable lagged returns against current returns
Autocorrelation, which is Franklin Adjustable mutual fund'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 Adjustable's mutual fund expected returns. We can calculate the autocorrelation of Franklin Adjustable returns to help us make a trade decision. For example, suppose you find that Franklin Adjustable has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Adjustable 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 Adjustable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Adjustable mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Adjustable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Adjustable Lagged Returns
When evaluating Franklin Adjustable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Adjustable mutual fund have on its future price. Franklin Adjustable 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 Adjustable autocorrelation shows the relationship between Franklin Adjustable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Adjustable Government.
Regressed Prices |
| Timeline |
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Other Information on Investing in Franklin Mutual Fund
Franklin Adjustable 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 Adjustable security.
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