Franklin Equity Income Fund Probability of Future Mutual Fund Price Finishing Over 30.99
| FEIQX Fund | USD 30.99 0.32 1.04% |
Franklin |
Franklin Equity Target Price Odds to finish over 30.99
The tendency of Franklin Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 30.99 | 90 days | 30.99 | about 21.92 |
Based on a normal probability distribution, the odds of Franklin Equity to move above the current price in 90 days from now is about 21.92 (This Franklin Equity Income 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 Equity Income has a beta of -0.0083. This usually indicates as returns on the benchmark increase, returns on holding Franklin Equity are expected to decrease at a much lower rate. During a bear market, however, Franklin Equity Income is likely to outperform the market. Additionally Franklin Equity Income has an alpha of 0.0945, implying that it can generate a 0.0945 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Franklin Equity Price Density |
| Price |
Predictive Modules for Franklin Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Equity Me. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Equity's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Equity is not an exception. The market had few large corrections towards the Franklin Equity's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Franklin Equity Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Equity within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | -0.0083 | |
σ | Overall volatility | 0.80 | |
Ir | Information ratio | 0.03 |
Franklin Equity Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Franklin Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Equity Me can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains about 6.01% of its assets under management (AUM) in cash |
Franklin Equity Technical Analysis
Franklin Equity's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Equity Income. In general, you should focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Franklin Equity Predictive Forecast Models
Franklin Equity's time-series forecasting models is one of many Franklin Equity's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Franklin Equity's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Franklin Equity Me
Checking the ongoing alerts about Franklin Equity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Equity Me help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains about 6.01% of its assets under management (AUM) in cash |
Check out Franklin Equity Backtesting, Portfolio Optimization, Franklin Equity Correlation, Franklin Equity Hype Analysis, Franklin Equity Volatility, Franklin Equity History as well as Franklin Equity Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.