|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 TrendCheck current 30 days Franklin Floating correlation with market (DOW)|
β = -0.0641
Franklin Floating Rate Technical Analysis
Franklin Floating Projected Return Density Against MarketAssuming 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
Franklin Floating Return VolatilityFranklin 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.