Franklin LibertyQ (UK) Market Value
| FLXU Etf | 42.45 0.66 1.58% |
| Symbol | Franklin |
Franklin LibertyQ '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 LibertyQ'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 LibertyQ.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Franklin LibertyQ on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin LibertyQ Equity or generate 0.0% return on investment in Franklin LibertyQ over 90 days. Franklin LibertyQ is related to or competes with Franklin LibertyQ, Franklin FTSE, Franklin FTSE, Franklin LibertyQ, Franklin FTSE, and Franklin MSCI. More
Franklin LibertyQ 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 LibertyQ'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 LibertyQ Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.08 |
Franklin LibertyQ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin LibertyQ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin LibertyQ's standard deviation. In reality, there are many statistical measures that can use Franklin LibertyQ historical prices to predict the future Franklin LibertyQ's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.06) |
Franklin LibertyQ Equity Backtested Returns
Franklin LibertyQ Equity secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the etf had a -0.16 % return per unit of standard deviation over the last 3 months. Franklin LibertyQ Equity exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin LibertyQ's Standard Deviation of 0.8246, mean deviation of 0.5535, and Coefficient Of Variation of (628.27) to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin LibertyQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin LibertyQ is expected to be smaller as well.
Auto-correlation | -0.68 |
Very good reverse predictability
Franklin LibertyQ Equity has very good reverse predictability. Overlapping area represents the amount of predictability between Franklin LibertyQ time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 LibertyQ Equity price movement. The serial correlation of -0.68 indicates that around 68.0% of current Franklin LibertyQ price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 2.66 |
Franklin LibertyQ Equity lagged returns against current returns
Autocorrelation, which is Franklin LibertyQ 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 LibertyQ's etf expected returns. We can calculate the autocorrelation of Franklin LibertyQ returns to help us make a trade decision. For example, suppose you find that Franklin LibertyQ 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 LibertyQ 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 LibertyQ etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin LibertyQ etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin LibertyQ etf over time.
Current vs Lagged Prices |
| Timeline |
Franklin LibertyQ Lagged Returns
When evaluating Franklin LibertyQ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin LibertyQ etf have on its future price. Franklin LibertyQ 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 LibertyQ autocorrelation shows the relationship between Franklin LibertyQ etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin LibertyQ Equity.
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 LibertyQ Equity is a strong investment it is important to analyze Franklin LibertyQ's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin LibertyQ's future performance. For an informed investment choice regarding Franklin Etf, refer to the following important reports:Check out Franklin LibertyQ Correlation, Franklin LibertyQ Volatility and Franklin LibertyQ Alpha and Beta module to complement your research on Franklin LibertyQ. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Franklin LibertyQ 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.