Franklin risk analysis

Use Franklin Income A risk analysis concurrently with your other holdings, portfolios, and investing themes to protect against small markets fluctuations and to back test it against optimization strategy that fits your risk preferences.  Analyze Themes

Projected Return Density against Market

Assuming 30 trading days horizon, Franklin has beta of 0.54 suggesting as returns on market go up, Franklin avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin Income A will be expected to be much smaller as well. Moreover, Franklin Income A has alpha of 0.54 implying that it can potentially generate 0.54% excess return over S&P 500 after adjusting for the inherited market risk (beta).Assuming 30 trading days horizon, the coefficient of variation of Franklin is 712.22. The daily returns are destributed with a variance of 0.18 and standard deviation of 0.42. The mean deviation of Franklin Income A is currently at 0.34. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.57

	(alpha)	=	0.54	Details
	(beta)	=	0.54	Details
	(volatility)	=	0.42	Details

Actual Return Volatility

Franklin Income A shows 0.42% volatility of returns over 30 trading days. S&P 500 shows 0.57% volatility of returns over 30 trading days.