Franklin Floating (Ireland) Risk Analysis And Volatility Evaluation

F00000VEWH -- Ireland Fund  

SGD 9.69  0.00  0.00%

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 Floating Rate A Dis SGD H1 which you can use to evaluate future volatility of the entity. Please confirm Franklin Floating Rate Mean Deviation of 0.0868 to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Franklin Floating Market Sensitivity

As returns on market increase, returns on owning Franklin Floating are expected to decrease at a much smaller rate. During bear market, Franklin Floating is likely to outperform the market.
One Month Beta |Analyze Franklin Floating Rate Demand Trend
Check current 30 days Franklin Floating correlation with market (DOW)
β = -0.0641
Franklin Floating Almost negative betaFranklin Floating Rate Beta Legend

Franklin Floating Rate Technical Analysis

Transformation
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Franklin Floating Projected Return Density Against Market

Assuming 30 trading days horizon, Franklin Floating Rate A Dis SGD H1 has beta of -0.0641 suggesting as returns on benchmark increase, returns on holding Franklin Floating are expected to decrease at a much smaller rate. During bear market, however, Franklin Floating Rate A Dis SGD H1 is likely to outperform the market. Additionally, Franklin Floating Rate A Dis SGD H1 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.06
σ
Overall volatility
=0.00
Ir
Information ratio =0.68

Franklin Floating Return Volatility

Franklin Floating Rate A Dis SGD H1 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0379% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Franklin Floating Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Franklin Floating Investment Opportunity

DOW has a standard deviation of returns of 1.04 and is 9.223372036854776E16 times more volatile than Franklin Floating Rate A Dis SGD H1. 0% of all equities and portfolios are less risky than Franklin Floating. Compared to the overall equity markets, volatility of historical daily returns of Franklin Floating Rate A Dis SGD H1 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Franklin Floating Rate A Dis SGD H1 to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Franklin Floating to be traded at S$9.59 in 30 days. As returns on market increase, returns on owning Franklin Floating are expected to decrease at a much smaller rate. During bear market, Franklin Floating is likely to outperform the market.

Franklin Floating correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Franklin Floating Rate A Dis S and equity matching DJI index in the same portfolio.

Franklin Floating Volatility Indicators

Franklin Floating Rate A Dis SGD H1 Current Risk Indicators

Additionally see Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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