Franklin Income Risk Analysis And Volatility

FCISX -- USA Fund  

USD 2.33  0.01  0.43%

We consider Franklin Income slightly risky. Franklin Income Fund secures Sharpe Ratio (or Efficiency) of 0.1196 which denotes the fund had 0.1196% of return per unit of standard deviation over the last 3 months. 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 Income Fund Class C which you can use to evaluate future volatility of the entity. Please confirm Franklin Income Fund Downside Deviation of 0.8433, Mean Deviation of 0.281 and Semi Deviation of 0.3575 to check if risk estimate we provide are consistent with the epected return of 0.0484%.

90 Days Market Risk

Slightly risky

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Slowly supersedes market
Horizon     30 Days    Login   to change

Franklin Income Market Sensitivity

As returns on market increase, Franklin Income returns are expected to increase less than the market. However during bear market, the loss on holding Franklin Income will be expected to be smaller as well.
3 Months Beta |Analyze Franklin Income Fund Demand Trend
Check current 30 days Franklin Income correlation with market (DOW)
β = 0.4022

Franklin Income Central Daily Price Deviation

Franklin Income Fund Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Franklin Income Fund Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Franklin Income Projected Return Density Against Market

Assuming 30 trading days horizon, Franklin Income has beta of 0.4022 suggesting as returns on market go up, Franklin Income average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Franklin Income Fund Class C will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Franklin Income Fund is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Franklin Income is 835.81. The daily returns are destributed with a variance of 0.16 and standard deviation of 0.4. The mean deviation of Franklin Income Fund Class C is currently at 0.27. For similar time horizon, the selected benchmark (DOW) has volatility of 0.85
α
Alpha over DOW
=0.02
β
Beta against DOW=0.40
σ
Overall volatility
=0.40
Ir
Information ratio =0.17

Franklin Income Return Volatility

the fund shows 0.4045% volatility of returns over 30 trading days. the entity inherits 0.7472% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Franklin Income Investment Opportunity

DOW has a standard deviation of returns of 0.75 and is 1.88 times more volatile than Franklin Income Fund Class C. of all equities and portfolios are less risky than Franklin Income. Compared to the overall equity markets, volatility of historical daily returns of Franklin Income Fund Class C is lower than 3 () of all global equities and portfolios over the last 30 days. Use Franklin Income Fund Class C to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Franklin Income to be traded at $2.31 in 30 days. . As returns on market increase, Franklin Income returns are expected to increase less than the market. However during bear market, the loss on holding Franklin Income will be expected to be smaller as well.

Franklin Income correlation with market

correlation synergy
Poor diversification
Overlapping area represents the amount of risk that can be diversified away by holding Franklin Income Fund Class C and equity matching DJI index in the same portfolio.

Franklin Income Current Risk Indicators

Franklin Income Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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