Franklin Templeton Limited Etf Market Value
| FTF Etf | USD 6.64 0.06 0.91% |
| Symbol | Franklin |
The market value of Franklin Templeton is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Templeton's value that differs from its market value or its book value, called intrinsic value, which is Franklin Templeton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Templeton's market value can be influenced by many factors that don't directly affect Franklin Templeton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Templeton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Templeton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Templeton's 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 Templeton '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 Templeton'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 Templeton.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Franklin Templeton on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin Templeton Limited or generate 0.0% return on investment in Franklin Templeton over 540 days. Franklin Templeton is related to or competes with MFS Investment, Invesco High, Eaton Vance, Rivernorth Opportunistic, RiverNorth Managed, Blackrock Muniholdings, and Blackrock Muniholdings. Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc More
Franklin Templeton 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 Templeton'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 Templeton Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4842 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 1.82 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.624 |
Franklin Templeton Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Templeton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Templeton's standard deviation. In reality, there are many statistical measures that can use Franklin Templeton historical prices to predict the future Franklin Templeton's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.0162 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Templeton'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 Templeton Backtested Returns
At this point, Franklin Templeton is very steady. Franklin Templeton secures Sharpe Ratio (or Efficiency) of 0.0776, which denotes the etf had a 0.0776% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Franklin Templeton Limited, which you can use to evaluate the volatility of the entity. Please confirm Franklin Templeton's Mean Deviation of 0.3338, semi deviation of 0.3873, and Downside Deviation of 0.4842 to check if the risk estimate we provide is consistent with the expected return of 0.0343%. The etf shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Templeton's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Templeton is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
Franklin Templeton Limited has good predictability. Overlapping area represents the amount of predictability between Franklin Templeton time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Templeton price movement. The serial correlation of 0.75 indicates that around 75.0% of current Franklin Templeton price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Franklin Templeton lagged returns against current returns
Autocorrelation, which is Franklin Templeton 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 Templeton's etf expected returns. We can calculate the autocorrelation of Franklin Templeton returns to help us make a trade decision. For example, suppose you find that Franklin Templeton 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 Templeton 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 Templeton etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Templeton etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Templeton etf over time.
Current vs Lagged Prices |
| Timeline |
Franklin Templeton Lagged Returns
When evaluating Franklin Templeton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Templeton etf have on its future price. Franklin Templeton 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 Templeton autocorrelation shows the relationship between Franklin Templeton etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin Templeton Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Franklin Etf
Franklin Templeton financial ratios help investors to determine whether Franklin Etf 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 Templeton security.