DOW has a standard deviation of returns of 0.44 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.