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 0.083 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. 2 Months Beta |Analyze Franklin Floating Rate Demand TrendCheck current 30 days Franklin Floating correlation with market (DOW)|
β = -0.0068
Franklin Floating Central Daily Price Deviation
Franklin Floating Rate Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Franklin Floating Projected Return Density Against MarketAssuming 30 trading days horizon, Franklin Floating Rate A Dis SGD H1 has beta of -0.0068 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, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Franklin Floating Rate is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.0068|
Franklin Floating Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9746% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.97 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 your portfolios 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$9.53 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