Franklin Real Estate Fund Market Value
| FREEX Fund | USD 19.98 0.13 0.65% |
| Symbol | Franklin |
Franklin Real '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 Real'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 Real.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Franklin Real on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Real Estate or generate 0.0% return on investment in Franklin Real over 180 days. Franklin Real is related to or competes with Franklin Natural, Franklin Small, Templeton Developing, Franklin Balance, and Franklin Utilities. Normally, the fund invests at least 80 percent of its net assets in equity securities of companies operating in the real... More
Franklin Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8976 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.92 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.17 |
Franklin Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Real's standard deviation. In reality, there are many statistical measures that can use Franklin Real historical prices to predict the future Franklin Real's volatility.| Risk Adjusted Performance | 0.0656 | |||
| Jensen Alpha | 0.0559 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 1.39 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Real'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 Real Estate Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Real Estate secures Sharpe Ratio (or Efficiency) of 0.0801, which denotes the fund had a 0.0801% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Real Estate, which you can use to evaluate the volatility of the entity. Please confirm Franklin Real's Semi Deviation of 0.8091, mean deviation of 0.682, and Downside Deviation of 0.8976 to check if the risk estimate we provide is consistent with the expected return of 0.0674%. The fund shows a Beta (market volatility) of 0.044, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Real is expected to be smaller as well.
Auto-correlation | -0.26 |
Weak reverse predictability
Franklin Real Estate has weak reverse predictability. Overlapping area represents the amount of predictability between Franklin Real time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 Real Estate price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Franklin Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Franklin Real Estate lagged returns against current returns
Autocorrelation, which is Franklin Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Franklin Real returns to help us make a trade decision. For example, suppose you find that Franklin Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Real Lagged Returns
When evaluating Franklin Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Real mutual fund have on its future price. Franklin Real 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 Real autocorrelation shows the relationship between Franklin Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Real Estate.
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 Real 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 Real security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |