Franklin Global Aggregate Etf Performance
| FLGA Etf | CAD 19.08 0.14 0.74% |
The etf shows a Beta (market volatility) of -0.0983, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Global are expected to decrease at a much lower rate. During the bear market, Franklin Global is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Franklin Global Aggregate has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Franklin Global is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.69 |
Franklin |
Franklin Global Relative Risk vs. Return Landscape
If you would invest 1,904 in Franklin Global Aggregate on September 3, 2024 and sell it today you would earn a total of 4.00 from holding Franklin Global Aggregate or generate 0.21% return on investment over 90 days. Franklin Global Aggregate is generating 0.0038% of daily returns and assumes 0.3167% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than Franklin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Franklin Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Franklin Global Aggregate, and traders can use it to determine the average amount a Franklin Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0119
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FLGA |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Franklin Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Global by adding Franklin Global to a well-diversified portfolio.
Franklin Global Fundamentals Growth
Franklin Etf prices reflect investors' perceptions of the future prospects and financial health of Franklin Global, and Franklin Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Franklin Etf performance.
| Total Asset | 486.37 M | |||
About Franklin Global Performance
By examining Franklin Global's fundamental ratios, stakeholders can obtain critical insights into Franklin Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Franklin Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Franklin Liberty Global Aggregate Bond ETF seeks to maximize, consistent with prudent investment management, total investment return, consisting of a combination of interest income and capital appreciation by investing primarily in investment grade fixed or floating-rate debt securities issued by governments, government related entities and corporations worldwide. FRANKLIN LIBERTY is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: FT Portfolios Canada Co. Announces Cash Distributions for its Exchange Traded Funds - The Manila Times | |
| The fund generated three year return of 0.0% | |
| Franklin Global Aggregate retains about 92.2% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Franklin Etf
Franklin Global 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 Global security.