Franklin Servative Allocation Fund Market Value
| FTCRX Fund | USD 13.91 0.06 0.43% |
| Symbol | Franklin |
Franklin Conservative '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 Conservative'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 Conservative.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Franklin Conservative on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Servative Allocation or generate 0.0% return on investment in Franklin Conservative over 60 days. Franklin Conservative is related to or competes with Aqr Large, Old Westbury, T Rowe, Enhanced Large, Touchstone Large, and Washington Mutual. The fund is a fund of funds meaning that it seeks to achieve its investment goal by investing its assets primarily in ot... More
Franklin Conservative 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 Conservative'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 Servative Allocation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.5751 |
Franklin Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Conservative's standard deviation. In reality, there are many statistical measures that can use Franklin Conservative historical prices to predict the future Franklin Conservative's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.38) |
Franklin Conservative Backtested Returns
Franklin Conservative secures Sharpe Ratio (or Efficiency) of -0.0482, which denotes the fund had a -0.0482% return per unit of standard deviation over the last 3 months. Franklin Servative Allocation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Conservative's Standard Deviation of 0.384, mean deviation of 0.2886, and Coefficient Of Variation of (1,215) to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Conservative is expected to be smaller as well.
Auto-correlation | -0.29 |
Weak reverse predictability
Franklin Servative Allocation has weak reverse predictability. Overlapping area represents the amount of predictability between Franklin Conservative 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 Conservative price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Franklin Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Franklin Conservative lagged returns against current returns
Autocorrelation, which is Franklin Conservative 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 Conservative's mutual fund expected returns. We can calculate the autocorrelation of Franklin Conservative returns to help us make a trade decision. For example, suppose you find that Franklin Conservative 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 Conservative 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 Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Conservative 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 Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Conservative Lagged Returns
When evaluating Franklin Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Conservative mutual fund have on its future price. Franklin Conservative 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 Conservative autocorrelation shows the relationship between Franklin Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Servative Allocation.
Regressed Prices |
| Timeline |
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Other Information on Investing in Franklin Mutual Fund
Franklin Conservative 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 Conservative security.
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