Franklin Universal Trust shows Semi-Deviation of 0.8323, Mean Deviation of 0.3868 and Downside Deviation of 0.657. Macroaxis technical analysis interface provides you with the way to check existing technical drivers of Franklin Universal Trust as well as the relationship between them. In plain English you can use this information to find out if the entity is indeed will mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Franklin Universal Trust which can be compared to its rivals. Please make sure to check Franklin Universal Trust Coefficient Of Variation and the relationship between Information Ratio and Downside VarianceCoefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if Franklin Universal Trust is priced favorably providing market reflects its regular price of 7.83 per share. Use Franklin Universal Trust technical analysis within your current portfolio analysis strategies to enhance returns of your portfolios and to find right Fund diversification strategy.  

Use this graph to draw trend lines for Franklin Universal Trust. You can use it to identify possible trend reversals for Franklin 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Franklin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Franklin Universal Trust applied against its price change over selected period. The best fit line has a slop of 0.02 % which may suggest that Franklin Universal Trust market price will keep on failing further. It has 40 observation points and regression sum of squers of 0.54 which is sum of squared deviations of the predicted Franklin price change against its avarage change. Franklin has a best fit line with a correlation coefficient of -0.88. and coefficient of determination of 0.78. Note, that the company had not issued any dividends in recent years.