Franklin Gold Precious Fund Quote
| FGADX Fund | USD 19.56 0.07 0.36% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Franklin Gold is trading at 19.56 as of the 25th of April 2024; that is -0.36 percent decrease since the beginning of the trading day. The fund's open price was 19.63. Franklin Gold has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Franklin Gold Precious are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in securities of gold and precious metals operation companies. It may buy securities of gold and precious metals operation companies located anywhere in the world and in general invests predominantly in non-U.S. More on Franklin Gold Precious
Moving together with Franklin Mutual Fund
| 0.74 | TEFRX | Templeton Foreign | PairCorr |
| 0.75 | TEFTX | Templeton Foreign | PairCorr |
Moving against Franklin Mutual Fund
| 0.59 | TEGBX | Templeton Global Bond | PairCorr |
| 0.53 | SAGYX | Clearbridge Aggressive | PairCorr |
Franklin Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Monster Funds (View all Themes) |
| Fund Concentration | Franklin Templeton Investments Funds, Large Funds, Equity Precious Metals Funds, Monster Funds, Equity Precious Metals, Franklin Templeton Investments, Large, Equity Precious Metals (View all Sectors) |
| Update Date | 31st of March 2024 |
Franklin Gold Precious [FGADX] is traded in USA and was established 25th of April 2024. Franklin Gold is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Equity Precious Metals category and is part of Franklin Templeton Investments family. The entity is thematically classified as Monster Funds. This fund currently has accumulated 729.8 M in assets under management (AUM) with minimum initial investment of 100 K. Franklin Gold Precious is currently producing year-to-date (YTD) return of 8.41% with the current yeild of 0.03%, while the total return for the last 3 years was -6.72%.
Check Franklin Gold Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin Gold Precious Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Franklin Gold Precious Mutual Fund Constituents
| EDV | Vanguard Extended Duration | Etf | Long Government |
| INFXX | Institutional Fiduciary Trust | Money Market Fund | US Money Market Fund |
| NEM | Newmont Goldcorp Corp | Stock | Materials |
| SSRM | SSR Mining | Stock | Materials |
| ASR | Grupo Aeroportuario del | Stock | Industrials |
Franklin Gold Target Price Odds Analysis
Based on a normal probability distribution, the odds of Franklin Gold jumping above the current price in 90 days from now is about 9.71%. The Franklin Gold Precious probability density function shows the probability of Franklin Gold mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.2579. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Franklin Gold will likely underperform. Additionally, franklin Gold Precious has an alpha of 0.171, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Franklin Gold to move above the current price in 90 days from now is about 9.71 (This Franklin Gold Precious probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) .
Franklin Gold Precious Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin Gold market risk premium is the additional return an investor will receive from holding Franklin Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin Gold's alpha and beta are two of the key measurements used to evaluate Franklin Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.35 | |||
| Semi Deviation | 1.3 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.78 |
Franklin Gold Against Markets
Picking the right benchmark for Franklin Gold mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin Gold mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin Gold is critical whether you are bullish or bearish towards Franklin Gold Precious at a given time. Please also check how Franklin Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Franklin Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Crypto Correlations Now
Crypto CorrelationsUse cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
| All Next | Launch Module |
How to buy Franklin Mutual Fund?
Before investing in Franklin Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin Gold. To buy Franklin Gold fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin Gold fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin Gold Precious fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin Gold Precious fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Franklin Gold Precious, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Franklin Gold Precious?
The danger of trading Franklin Gold Precious is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin Gold Precious is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Gold Precious. 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 unemployment. Note that the Franklin Gold Precious information on this page should be used as a complementary analysis to other Franklin Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..