Franklin Vertible Securities Fund Price on April 5, 2024

FCSKX Fund  USD 21.28  0.11  0.52%   
Below is the normalized historical share price chart for Franklin Vertible Securities extending back to March 24, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin Convertible stands at 21.28, as last reported on the 4th of May, with the highest price reaching 21.28 and the lowest price hitting 21.28 during the day.
 
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If you're considering investing in FRANKLIN Mutual Fund, it is important to understand the factors that can impact its price. We consider Franklin Convertible very steady. Franklin Convertible secures Sharpe Ratio (or Efficiency) of 0.0864, which denotes the fund had a 0.0864% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Vertible Securities, which you can use to evaluate the volatility of the entity. Please confirm Franklin Convertible's Downside Deviation of 0.5285, mean deviation of 0.3983, and Semi Deviation of 0.4773 to check if the risk estimate we provide is consistent with the expected return of 0.0413%.
  
FRANKLIN Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0864

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Estimated Market Risk

 0.48
  actual daily
4
96% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Franklin Convertible is performing at about 6% of its full potential. 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 Convertible by adding it to a well-diversified portfolio.

Franklin Convertible Valuation on April 5, 2024

It is possible to determine the worth of Franklin Convertible on a given historical date. On April 5, 2024 FRANKLIN was worth 21.5 at the beginning of the trading date compared to the closed value of 21.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Convertible mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Convertible's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Franklin Convertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Convertible's related companies.
 Open High Low Close Volume
  21.39    21.39    21.39    21.39    1.00  
04/05/2024
  21.50    21.50    21.50    21.50    1.00  
  21.56    21.56    21.56    21.56    1.00  
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Open Value
21.5
21.5
Closing Value
22.93
Upside

Franklin Convertible Trading Date Momentum on April 5, 2024

On April 08 2024 Franklin Vertible Securities was traded for  21.56  at the closing time. The highest daily price throughout the period was 21.56  and the lowest price was  21.56 . There was no trading activity during the period 1.0. Lack of trading volume on 04/08/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.28% . The overall trading delta to current closing price is 1.67% .

Franklin Convertible Fundamentals Correlations and Trends

By evaluating Franklin Convertible's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Franklin Convertible's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FRANKLIN financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Franklin Convertible Mutual Fund history

Franklin Convertible investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FRANKLIN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Convertible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Convertible stock prices may prove useful in developing a viable investing in Franklin Convertible
The fund normally invests at least 80 percent of its net assets in convertible securities. It may invest up to 100 percent of its assets in securities that are rated below investment grade however, the fund will not invest more than 10 percent of its assets in non-convertible debt securities rated below B. It may invest up to 20 percent of its net assets in other securities, such as common or preferred stocks and non-convertible debt securities.

Franklin Convertible Mutual Fund Technical Analysis

Franklin Convertible technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Franklin Convertible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Convertible trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Franklin Convertible Period Price Range

Low
April 5, 2024
0.00  0.00%
High

 21.50 

     

 21.50 

Franklin Convertible May 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Franklin Convertible mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Convertible shares will generate the highest return on investment. By undertsting and applying Franklin Convertible mutual fund market strength indicators, traders can identify Franklin Vertible Securities entry and exit signals to maximize returns

Franklin Convertible Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Franklin Convertible's price direction in advance. Along with the technical and fundamental analysis of FRANKLIN Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of FRANKLIN to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Vertible Securities. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Please note, there is a significant difference between Franklin Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Convertible'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.