Templeton Dragon Closed Fund Market Value
| TDF Fund | USD 10.09 0.17 1.71% |
| Symbol | Templeton |
Templeton Dragon '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 Templeton Dragon's 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 Templeton Dragon.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Templeton Dragon on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Templeton Dragon Closed or generate 0.0% return on investment in Templeton Dragon over 90 days. Templeton Dragon is related to or competes with Nuveen Municipalome, Western Asset, Templeton Emerging, Tekla Life, Tekla World, Tekla Healthcare, and Royce Value. Templeton Dragon Fund, Inc. is a closed ended equity mutual fund launched by Franklin Resources, Inc More
Templeton Dragon 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 Templeton Dragon's 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 Templeton Dragon Closed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.2246 | |||
| Maximum Drawdown | 10.31 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.44 |
Templeton Dragon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Templeton Dragon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Templeton Dragon's standard deviation. In reality, there are many statistical measures that can use Templeton Dragon historical prices to predict the future Templeton Dragon's volatility.| Risk Adjusted Performance | 0.1477 | |||
| Jensen Alpha | 0.2865 | |||
| Total Risk Alpha | 0.4655 | |||
| Sortino Ratio | 0.2285 | |||
| Treynor Ratio | 1.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Templeton Dragon'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.
Templeton Dragon Closed Backtested Returns
Templeton Dragon appears to be not too volatile, given 3 months investment horizon. Templeton Dragon Closed owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the fund had a 0.2 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Templeton Dragon Closed, which you can use to evaluate the volatility of the fund. Please review Templeton Dragon's Semi Deviation of 1.34, risk adjusted performance of 0.1477, and Coefficient Of Variation of 608.79 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Templeton Dragon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Templeton Dragon is expected to be smaller as well.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Templeton Dragon Closed has insignificant reverse predictability. Overlapping area represents the amount of predictability between Templeton Dragon 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 Templeton Dragon Closed price movement. The serial correlation of -0.16 indicates that over 16.0% of current Templeton Dragon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Templeton Dragon Closed lagged returns against current returns
Autocorrelation, which is Templeton Dragon 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 Templeton Dragon's fund expected returns. We can calculate the autocorrelation of Templeton Dragon returns to help us make a trade decision. For example, suppose you find that Templeton Dragon has exhibited high autocorrelation historically, and you observe that the 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 |
Templeton Dragon 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 Templeton Dragon fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Templeton Dragon fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Templeton Dragon fund over time.
Current vs Lagged Prices |
| Timeline |
Templeton Dragon Lagged Returns
When evaluating Templeton Dragon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Templeton Dragon fund have on its future price. Templeton Dragon 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, Templeton Dragon autocorrelation shows the relationship between Templeton Dragon fund current value and its past values and can show if there is a momentum factor associated with investing in Templeton Dragon Closed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Templeton Fund
Templeton Dragon financial ratios help investors to determine whether Templeton 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 Templeton with respect to the benefits of owning Templeton Dragon security.
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