Franklin Floating Price To Book vs. One Year Return
| IE0032578035 | USD 6.91 0.00 0.00% |
For Franklin Floating profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Franklin Floating to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Franklin Floating Rate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Franklin Floating's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Franklin Floating Rate over time as well as its relative position and ranking within its peers.
Franklin |
Franklin Floating Rate One Year Return vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Floating's current stock value. Our valuation model uses many indicators to compare Franklin Floating value to that of its competitors to determine the firm's financial worth. Franklin Floating Rate is rated below average in price to book among similar funds. It is rated below average in one year return among similar funds . Comparative valuation analysis is a catch-all model that can be used if you cannot value Franklin Floating by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Franklin Floating's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Franklin One Year Return vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Franklin Floating |
| = | 19.32 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Franklin Floating |
| = | (3.14) % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Franklin One Year Return Comparison
Franklin Floating is rated second overall fund in one year return among similar funds.
Franklin Floating Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Franklin Floating, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Franklin Floating will eventually generate negative long term returns. The profitability progress is the general direction of Franklin Floating's change in net profit over the period of time. It can combine multiple indicators of Franklin Floating, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The Funds investment objective is to provide a high level of current income and preservation of capital by investing up to 100 percent of its net assets in shares of the Franklin Floating Rate Master Series in the Franklin Floating Rate Master Trust . Franklin Floating is traded on Irland Stock Exchange in Ireland.
Franklin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Franklin Floating. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Franklin Floating position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Franklin Floating's important profitability drivers and their relationship over time.
Use Franklin Floating in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Floating will appreciate offsetting losses from the drop in the long position's value.Franklin Floating Pair Trading
Franklin Floating Rate Pair Trading Analysis
The ability to find closely correlated positions to Franklin Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Floating Rate to buy it.
The correlation of Franklin Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Franklin Floating position
In addition to having Franklin Floating in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run IT Thematic Idea Now
IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize IT Theme or any other thematic opportunities.
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Other Information on Investing in Franklin Fund
To fully project Franklin Floating's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Franklin Floating Rate at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Franklin Floating's income statement, its balance sheet, and the statement of cash flows.
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