Franklin Low Duration Fund Market Value
| FLDZX Fund | USD 8.98 0.02 0.22% |
| Symbol | Franklin |
Franklin Low '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 Low'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 Low.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Franklin Low on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Low Duration or generate 0.0% return on investment in Franklin Low over 30 days. Franklin Low is related to or competes with Ridgeworth Seix, Goldman Sachs, Lord Abbett, Davis Government, Short Term, and Aig Government. The fund invests primarily in debt securities, which may be represented by derivative investments that provide exposure ... More
Franklin Low 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 Low'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 Low Duration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 0.5533 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2215 |
Franklin Low Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Low's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Low's standard deviation. In reality, there are many statistical measures that can use Franklin Low historical prices to predict the future Franklin Low's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 1.5 |
Franklin Low Duration Backtested Returns
Franklin Low Duration secures Sharpe Ratio (or Efficiency) of -0.0819, which denotes the fund had a -0.0819% return per unit of standard deviation over the last 3 months. Franklin Low Duration exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Low's Standard Deviation of 0.1047, mean deviation of 0.067, and Coefficient Of Variation of (1,567) to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0111, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Low are expected to decrease at a much lower rate. During the bear market, Franklin Low is likely to outperform the market.
Auto-correlation | -0.92 |
Near perfect reversele predictability
Franklin Low Duration has near perfect reversele predictability. Overlapping area represents the amount of predictability between Franklin Low time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Low Duration price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Franklin Low price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Franklin Low Duration lagged returns against current returns
Autocorrelation, which is Franklin Low 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 Low's mutual fund expected returns. We can calculate the autocorrelation of Franklin Low returns to help us make a trade decision. For example, suppose you find that Franklin Low 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 Low 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 Low mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Low 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 Low mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Low Lagged Returns
When evaluating Franklin Low's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Low mutual fund have on its future price. Franklin Low 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 Low autocorrelation shows the relationship between Franklin Low mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Low Duration.
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.Other Information on Investing in Franklin Mutual Fund
Franklin Low 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 Low security.
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