Franklin Floating (Ireland) Risk Analysis And Volatility

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 Acc which you can use to evaluate future volatility of the entity. Please confirm Franklin Floating Rate Mean Deviation of 0.1176 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, Franklin Floating returns are expected to increase less than the market. However during bear market, the loss on holding Franklin Floating will be expected to be smaller as well.
2 Months Beta |Analyze Franklin Floating Rate Demand Trend
Check current 30 days Franklin Floating correlation with market (DOW)
β = 0.021

Franklin Floating Central Daily Price Deviation

Franklin Floating Rate Technical Analysis

Transformation
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 Market

Assuming 30 trading days horizon, Franklin Floating has beta of 0.021 suggesting as returns on market go up, Franklin Floating average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin Floating Rate A Acc will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0642 implying that it can potentially generate 0.0642% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.021
σ
Overall volatility
=0.00
Ir
Information ratio =0.65

Franklin Floating Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.981% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Franklin Floating Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Franklin Floating Investment Opportunity

DOW has a standard deviation of returns of 1.98 and is 9.223372036854776E16 times more volatile than Franklin Floating Rate A Acc. 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 Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Franklin Floating Rate A Acc to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Franklin Floating to be traded at $0.0 in 30 days. . As returns on market increase, Franklin Floating returns are expected to increase less than the market. However during bear market, the loss on holding Franklin Floating will be expected to be smaller as well.

Franklin Floating correlation with market

correlation synergy
Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Franklin Floating Rate A Acc and equity matching DJI index in the same portfolio.

Franklin Floating Volatility Indicators

Franklin Floating Rate A Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
Search macroaxis.com