Franklin Libertyq Small Etf Technical Analysis
| FLQS Etf | USD 37.44 0.02 0.05% |
As of the 19th of April, Franklin LibertyQ shows the Mean Deviation of 0.8254, semi deviation of 1.23, and Downside Deviation of 1.26. Franklin LibertyQ Small technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and collect data for nineteen technical drivers for Franklin LibertyQ Small, which can be compared to its peers. Please confirm Franklin LibertyQ Small standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Franklin LibertyQ Small is priced favorably, providing market reflects its regular price of 37.44 per share.
Franklin LibertyQ Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Franklin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FranklinFranklin |
Franklin LibertyQ technical etf 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, etf market cycles, or different charting patterns.
Franklin LibertyQ Small Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Franklin LibertyQ Small volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Franklin LibertyQ Small Trend Analysis
Use this graph to draw trend lines for Franklin LibertyQ Small. You can use it to identify possible trend reversals for Franklin LibertyQ as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Franklin LibertyQ price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Franklin LibertyQ Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Franklin LibertyQ Small applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Franklin LibertyQ Small will continue generating value for investors. It has 122 observation points and a regression sum of squares at 12.52, which is the sum of squared deviations for the predicted Franklin LibertyQ price change compared to its average price change.About Franklin LibertyQ Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Franklin LibertyQ Small on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Franklin LibertyQ Small based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Franklin LibertyQ Small price pattern first instead of the macroeconomic environment surrounding Franklin LibertyQ Small. By analyzing Franklin LibertyQ's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Franklin LibertyQ's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Franklin LibertyQ specific price patterns or momentum indicators. Please read more on our technical analysis page.
Franklin LibertyQ April 19, 2024 Technical Indicators
Most technical analysis of Franklin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Franklin from various momentum indicators to cycle indicators. When you analyze Franklin charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0127 | |||
| Market Risk Adjusted Performance | 0.0133 | |||
| Mean Deviation | 0.8254 | |||
| Semi Deviation | 1.23 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 7348.48 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.17 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0033 | |||
| Maximum Drawdown | 5.35 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.71 | |||
| Downside Variance | 1.59 | |||
| Semi Variance | 1.52 | |||
| Expected Short fall | (0.75) | |||
| Skewness | (0.64) | |||
| Kurtosis | 0.8554 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin LibertyQ Small. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Franklin LibertyQ Small is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin LibertyQ's value that differs from its market value or its book value, called intrinsic value, which is Franklin LibertyQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin LibertyQ's market value can be influenced by many factors that don't directly affect Franklin LibertyQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin LibertyQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin LibertyQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin LibertyQ'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.