Franklin Vertible Financials
| FROTX Fund | USD 20.33 0.02 0.1% |
Franklin |
Please note that past performance is not an indicator of the future performance of Franklin Vertible, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Franklin Vertible Fund Summary
Franklin Vertible competes with Allianzgi Vertible, and Fidelity Vertible. 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.Specialization | Convertibles, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3536128800 |
| Business Address | Franklin Investors Securities |
| Mutual Fund Family | Franklin Templeton Investments |
| Mutual Fund Category | Convertibles |
| Benchmark | NYSE Composite |
| Phone | 800 342 5236 |
| Currency | USD - US Dollar |
You should never invest in Franklin Vertible Securities without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Franklin Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Franklin Vertible's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Franklin Vertible Key Financial Ratios
Generally speaking, Franklin Vertible's financial ratios allow both analysts and investors to convert raw data from Franklin Vertible's financial statements into concise, actionable information that can be used to evaluate the performance of Franklin Vertible over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Franklin Vertible reports annually and quarterly.Franklin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Vertible's current stock value. Our valuation model uses many indicators to compare Franklin Vertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin Vertible competition to find correlations between indicators driving Franklin Vertible's intrinsic value. More Info.Franklin Vertible Securities is rated # 2 fund in price to earning among similar funds. It is rated # 3 fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Franklin Vertible Securities is roughly 7.44 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Franklin Vertible by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Franklin Vertible's Mutual 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin Vertible's earnings, one of the primary drivers of an investment's value.Franklin Vertible Systematic Risk
Franklin Vertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin Vertible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Franklin Vertible correlated with the market. If Beta is less than 0 Franklin Vertible generally moves in the opposite direction as compared to the market. If Franklin Vertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Vertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Vertible is generally in the same direction as the market. If Beta > 1 Franklin Vertible moves generally in the same direction as, but more than the movement of the benchmark.
Franklin Vertible April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin Vertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin Vertible Securities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Vertible Securities based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin Vertible's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5392 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 2.05 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 0.7496 |
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 estimate. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.