Franklin Utilities Fund Market Value

FKUTX Fund  USD 23.17  0.45  1.98%   
Franklin Utilities' market value is the price at which a share of Franklin Utilities trades on a public exchange. It measures the collective expectations of Franklin Utilities Fund investors about its performance. Franklin Utilities is trading at 23.17 as of the 15th of March 2025; that is 1.98% up since the beginning of the trading day. The fund's open price was 22.72.
With this module, you can estimate the performance of a buy and hold strategy of Franklin Utilities Fund and determine expected loss or profit from investing in Franklin Utilities over a given investment horizon. Check out Franklin Utilities Correlation, Franklin Utilities Volatility and Franklin Utilities Alpha and Beta module to complement your research on Franklin Utilities.
Symbol

Please note, there is a significant difference between Franklin Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Utilities' 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 Utilities '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 Utilities' 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 Utilities.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Franklin Utilities on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Utilities Fund or generate 0.0% return on investment in Franklin Utilities over 90 days. Franklin Utilities is related to or competes with Pgim Jennison, Biotechnology Ultrasector, Invesco Technology, Vanguard Information, Technology Ultrasector, Victory Rs, and Firsthand Technology. The fund normally invests at least 80 percent of its net assets in the securities of public utilities companies More

Franklin Utilities 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 Utilities' 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 Utilities Fund upside and downside potential and time the market with a certain degree of confidence.

Franklin Utilities Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Utilities' standard deviation. In reality, there are many statistical measures that can use Franklin Utilities historical prices to predict the future Franklin Utilities' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Utilities' 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.
Hype
Prediction
LowEstimatedHigh
21.9423.1924.44
Details
Intrinsic
Valuation
LowRealHigh
21.8623.1124.36
Details
Naive
Forecast
LowNextHigh
21.6222.8724.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.4122.9023.40
Details

Franklin Utilities Backtested Returns

Franklin Utilities secures Sharpe Ratio (or Efficiency) of -0.0433, which denotes the fund had a -0.0433 % return per unit of standard deviation over the last 3 months. Franklin Utilities Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Utilities' Mean Deviation of 0.8608, standard deviation of 1.22, and Coefficient Of Variation of (1,225) to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Utilities is expected to be smaller as well.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Franklin Utilities Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Franklin Utilities time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Utilities price movement. The serial correlation of -0.48 indicates that about 48.0% of current Franklin Utilities price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test0.04
Residual Average0.0
Price Variance0.09

Franklin Utilities lagged returns against current returns

Autocorrelation, which is Franklin Utilities 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 Utilities' mutual fund expected returns. We can calculate the autocorrelation of Franklin Utilities returns to help us make a trade decision. For example, suppose you find that Franklin Utilities 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 Utilities 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 Utilities mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Utilities 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 Utilities mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Franklin Utilities Lagged Returns

When evaluating Franklin Utilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Utilities mutual fund have on its future price. Franklin Utilities 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 Utilities autocorrelation shows the relationship between Franklin Utilities mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Utilities Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Franklin Mutual Fund

Franklin Utilities 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 Utilities security.
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