FRANKLIN Mutual Fund Quote

FAAAX Fund  USD 10.81  0.02  0.18%   
Market Performance
14 of 100
Odds Of Distress
Less than 1
FRANKLIN is trading at 10.81 as of the 27th of January 2023; that is -0.18 percent down since the beginning of the trading day. The fund's open price was 10.83. FRANKLIN has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for FRANKLIN K2 ALTERNATIVE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of February 2021 and ending today, the 27th of January 2023. Click here to learn more.
CUSIP
35241W104
ISIN
US35241W1045
Fiscal Year End
May
The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. More on FRANKLIN K2 ALTERNATIVE

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's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FRANKLIN or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of FRANKLIN's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Startdate1st of October 2014
FRANKLIN K2 ALTERNATIVE [FAAAX] is traded in USA and was established 27th of January 2023. The fund is listed under Multistrategy category and is part of Franklin Templeton Investments family. FRANKLIN K2 ALTERNATIVE currently has accumulated 1.16 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 1.58%.
Check FRANKLIN 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 K2 ALTERNATIVE 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 K2 ALTERNATIVE Mutual Fund Constituents

FRANKLIN Target Price Odds Analysis

Based on a normal probability distribution, the odds of FRANKLIN jumping above the current price in 90 days from now is nearly 4.99%. The FRANKLIN K2 ALTERNATIVE probability density function shows the probability of FRANKLIN mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon FRANKLIN K2 ALTERNATIVE has a beta of -0.0191. This usually indicates as returns on benchmark increase, returns on holding FRANKLIN are expected to decrease at a much lower rate. During the bear market, however, FRANKLIN K2 ALTERNATIVE is likely to outperform the market. Additionally, the company has an alpha of 0.0305, implying that it can generate a 0.0305 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.81HorizonTargetOdds Above 10.81
94.64%90 days
 10.81 
4.99%
Based on a normal probability distribution, the odds of FRANKLIN to move above the current price in 90 days from now is nearly 4.99 (This FRANKLIN K2 ALTERNATIVE probability density function shows the probability of FRANKLIN Mutual Fund to fall within a particular range of prices over 90 days) .

FRANKLIN K2 ALTERNATIVE Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. FRANKLIN market risk premium is the additional return an investor will receive from holding FRANKLIN 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. 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's alpha and beta are two of the key measurements used to evaluate FRANKLIN's performance over the market, the standard measures of volatility play an important role as well.

FRANKLIN Against Markets

Picking the right benchmark for FRANKLIN 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 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 is critical whether you are bullish or bearish towards FRANKLIN K2 ALTERNATIVE at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FRANKLIN 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 Equity Valuation Now

   

Equity Valuation

Check real value of public entities based on technical and fundamental data
All  Next Launch Module

Invested in FRANKLIN K2 ALTERNATIVE?

The danger of trading FRANKLIN K2 ALTERNATIVE 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 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. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FRANKLIN K2 ALTERNATIVE 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.
Please check Investing Opportunities. Note that the FRANKLIN K2 ALTERNATIVE information on this page should be used as a complementary analysis to other FRANKLIN'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for FRANKLIN Mutual Fund analysis

When running FRANKLIN K2 ALTERNATIVE price analysis, check to measure FRANKLIN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FRANKLIN is operating at the current time. Most of FRANKLIN's value examination focuses on studying past and present price action to predict the probability of FRANKLIN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FRANKLIN's price. Additionally, you may evaluate how the addition of FRANKLIN to your portfolios can decrease your overall portfolio volatility.
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Please note, there is a significant difference between FRANKLIN's value and its price as these two are different measures arrived at by different means. Investors typically determine FRANKLIN value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FRANKLIN'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.