Franklin K2 Alternative Fund Buy Hold or Sell Recommendation

FAAAX Fund  USD 11.38  0.03  0.26%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Franklin K2 Alternative is 'Strong Sell'. Macroaxis provides Franklin buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Franklin positions. The advice algorithm takes into account all of Franklin's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Franklin's buy or sell advice are summarized below:
Real Value
10.45
Hype Value
11.38
Market Value
11.38
Naive Value
11.3
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Franklin K2 Alternative given historical horizon and risk tolerance towards Franklin. When Macroaxis issues a 'buy' or 'sell' recommendation for Franklin K2 Alternative, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Franklin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Franklin and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Franklin K2 Alternative. 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 nation.

Execute Franklin Buy or Sell Advice

The Franklin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Franklin K2 Alternative. Macroaxis does not own or have any residual interests in Franklin K2 Alternative or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Franklin's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell FranklinBuy Franklin
Strong Sell

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Franklin K2 Alternative has a Mean Deviation of 0.1497, Standard Deviation of 0.1893, Variance of 0.0358, Downside Variance of 0.0331, Semi Variance of (0.04) and Expected Short fall of (0.21)
Our trade advice tool can cross-verify current analyst consensus on Franklin K2 Alternative and to analyze the fund potential to grow in the current economic cycle. Use Franklin K2 Alternative price to earning, annual yield, as well as the relationship between the Annual Yield and net asset to ensure your buy or sell decision on Franklin K2 Alternative is adequate.

Franklin Trading Alerts and Improvement Suggestions

The fund retains about 38.58% of its assets under management (AUM) in cash

Franklin Returns Distribution Density

The distribution of Franklin's historical returns is an attempt to chart the uncertainty of Franklin's future price movements. The chart of the probability distribution of Franklin daily returns describes the distribution of returns around its average expected value. We use Franklin K2 Alternative price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Franklin returns is essential to provide solid investment advice for Franklin.
Mean Return
0.06
Value At Risk
-0.26
Potential Upside
0.37
Standard Deviation
0.19
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Franklin historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Franklin Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Franklin or Franklin Templeton Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Franklin's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Franklin fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.04
β
Beta against NYSE Composite0.18
σ
Overall volatility
0.19
Ir
Information ratio -0.13

Franklin Volatility Alert

Franklin K2 Alternative exhibits very low volatility with skewness of 0.45 and kurtosis of 0.27. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Franklin's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Franklin's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Franklin Fundamentals Vs Peers

Comparing Franklin's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Franklin's direct or indirect competition across all of the common fundamentals between Franklin and the related equities. This way, we can detect undervalued stocks with similar characteristics as Franklin or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Franklin's fundamental indicators could also be used in its relative valuation, which is a method of valuing Franklin by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Franklin to competition
FundamentalsFranklinPeer Average
Price To Earning22.28 X6.53 X
Price To Book2.73 X0.74 X
Price To Sales1.33 X0.61 X
Annual Yield0 %0.29 %
Year To Date Return5.31 %0.39 %
One Year Return7.46 %4.15 %
Three Year Return0.15 %3.60 %
Five Year Return2.11 %3.24 %
Net Asset837.34 M4.11 B
Cash Position Weight38.58 %10.61 %
Equity Positions Weight20.09 %63.90 %
Bond Positions Weight8.21 %11.24 %

Franklin Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Franklin . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Franklin Buy or Sell Advice

When is the right time to buy or sell Franklin K2 Alternative? Buying financial instruments such as Franklin Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Franklin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Broad Market ETFs Thematic Idea Now

Broad Market ETFs
Broad Market ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Market ETFs Theme or any other thematic opportunities.
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Check out Franklin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
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 the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 if Franklin is a good investment 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.