Macroaxis considers Franklin Ind unknown risk given 2 months investment horizon. Franklin Ind Feeder secures Sharpe Ratio (or Efficiency) of 0.233 which denotes the fund had 0.233% of return per unit of standard deviation over the last 2 months. Our philosophy in predicting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Franklin Ind Feeder Frank Eur Gr Div which you can use to evaluate future volatility of the entity. Please utilize Franklin Ind Feeder Mean Deviation of 0.8649 to check if our risk estimates are consistent with your expectations.
|Horizon||30 Days Login to change|
Franklin Ind Market Sensitivity
|As returns on market increase, returns on owning Franklin Ind are expected to decrease at a much smaller rate. During bear market, Franklin Ind is likely to outperform the market. 2 Months Beta |Analyze Franklin Ind Feeder Demand TrendCheck current 30 days Franklin Ind correlation with market (DOW)|
β = -0.1281
Franklin Ind Central Daily Price Deviation
Franklin Ind Feeder Technical Analysis
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Franklin Ind Projected Return Density Against MarketAssuming 30 trading days horizon, Franklin Ind Feeder Frank Eur Gr Div has beta of -0.1281 suggesting as returns on benchmark increase, returns on holding Franklin Ind are expected to decrease at a much smaller rate. During bear market, however, Franklin Ind Feeder Frank Eur Gr Div is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Franklin Ind Feeder is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Franklin Ind is 429.26. The daily returns are destributed with a variance of 1.05 and standard deviation of 1.03. The mean deviation of Franklin Ind Feeder Frank Eur Gr Div is currently at 0.87. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.13|
Franklin Ind Return Volatilitythe fund accepts 1.0259% volatility on return distribution over the 30 days horizon. the entity inherits 1.8736% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.87 and is 1.82 times more volatile than Franklin Ind Feeder Frank Eur Gr Div. 9% of all equities and portfolios are less risky than Franklin Ind. Compared to the overall equity markets, volatility of historical daily returns of Franklin Ind Feeder Frank Eur Gr Div is lower than 9 (%) of all global equities and portfolios over the last 30 days. Use Franklin Ind Feeder Frank Eur Gr Div to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Franklin Ind to be traded at 9.25 in 30 days. . As returns on market increase, returns on owning Franklin Ind are expected to decrease at a much smaller rate. During bear market, Franklin Ind is likely to outperform the market.
Franklin Ind correlation with market