TEMPLETON Mutual Fund Price on August 16, 2021
| TGBAX Fund | USD 7.06 0.08 1.12% |
Below is the normalized historical share price chart for TEMPLETON GLOBAL BOND extending back to November 08, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TEMPLETON GLOBAL stands at 7.06, as last reported on the 3rd of October, with the highest price reaching 7.06 and the lowest price hitting 7.06 during the day.
If you're considering investing in TEMPLETON Mutual Fund, it is important to understand the factors that can impact its stock price. TEMPLETON GLOBAL BOND owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the fund had -0.18% of return per unit of standard deviation over the last 3 months. Our approach into measuring the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. TEMPLETON GLOBAL BOND exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please validate TEMPLETON GLOBAL risk adjusted performance of (0.09), and Variance of 0.2976 to confirm the risk estimate we provide.
TEMPLETON Mutual Fund stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TEMPLETON |
Sharpe Ratio = -0.1813
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Estimated Market Risk
| 0.57 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TEMPLETON GLOBAL is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TEMPLETON GLOBAL by adding TEMPLETON GLOBAL to a well-diversified portfolio.
TEMPLETON GLOBAL Valuation on August 16, 2021
It is possible to determine the worth of TEMPLETON GLOBAL on a given historical date. On August 16, 2021 TEMPLETON was worth 9.01 at the beginning of the trading date compared to the closed value of 8.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TEMPLETON GLOBAL mutual fund. Still, in general, we apply an absolute valuation method to find TEMPLETON GLOBAL's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TEMPLETON GLOBAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TEMPLETON GLOBAL's related companies.
| Open | High | Low | Close | Volume | |
09/20/2021 | 9.01 | 9.01 | 8.18 | 8.18 | 1.00 |
| 9.03 | 9.03 | 8.20 | 8.20 | 1.00 |
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TEMPLETON GLOBAL Trading Date Momentum on August 16, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.TEMPLETON GLOBAL BOND Fundamentals Correlations and Trends
By evaluating TEMPLETON GLOBAL's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TEMPLETON GLOBAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TEMPLETON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TEMPLETON GLOBAL Mutual Fund history
TEMPLETON GLOBAL investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TEMPLETON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TEMPLETON GLOBAL BOND will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TEMPLETON GLOBAL stock prices may prove useful in developing a viable investing in TEMPLETON GLOBAL
TEMPLETON GLOBAL Mutual Fund Technical Analysis
TEMPLETON GLOBAL technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
TEMPLETON GLOBAL Period Price Range
Low | September 20, 2021 | High |
9.01 | 8.18 |
| -0.83 | -9.21% |
TEMPLETON GLOBAL October 3, 2023 Market Strength
Market strength indicators help investors to evaluate how TEMPLETON GLOBAL mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TEMPLETON GLOBAL shares will generate the highest return on investment. By undertsting and applying TEMPLETON GLOBAL mutual fund market strength indicators, traders can identify TEMPLETON GLOBAL BOND entry and exit signals to maximize returns
TEMPLETON GLOBAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TEMPLETON stock's direction in advance. Along with the technical and fundamental analysis of TEMPLETON Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of TEMPLETON to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.040376) | |||
| Treynor Ratio | (0.67) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TEMPLETON GLOBAL BOND. 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. Note that the TEMPLETON GLOBAL BOND information on this page should be used as a complementary analysis to other TEMPLETON GLOBAL'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for TEMPLETON Mutual Fund analysis
When running TEMPLETON GLOBAL's price analysis, check to measure TEMPLETON GLOBAL'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 TEMPLETON GLOBAL is operating at the current time. Most of TEMPLETON GLOBAL's value examination focuses on studying past and present price action to predict the probability of TEMPLETON GLOBAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TEMPLETON GLOBAL's price. Additionally, you may evaluate how the addition of TEMPLETON GLOBAL to your portfolios can decrease your overall portfolio volatility.
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