Franklin Income Risk Analysis And Volatility

FNCFX -- USA Fund  

USD 2.26  0.02  0.88%

We consider Franklin Income slightly risky. Franklin Income Fund secures Sharpe Ratio (or Efficiency) of 0.0519 which denotes the fund had 0.0519% 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 Cl R6 which you can use to evaluate future volatility of the entity. Please confirm Franklin Income Fund Semi Deviation of 0.3683, Mean Deviation of 0.2947 and Downside Deviation of 0.7593 to check if risk estimate we provide are consistent with the epected return of 0.0217%.

90 Days Market Risk

Slightly risky

Chance of Distress in 24 months

Very low

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 = 0.4144

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. The Median Price line plots median indexes of Franklin Income Fund price series. View also all equity analysis or get more info about median price price transform indicator.

Franklin Income Projected Return Density Against Market

Assuming 30 trading days horizon, Franklin Income has beta of 0.4144 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 Cl R6 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 1927.97. The daily returns are destributed with a variance of 0.17 and standard deviation of 0.42. The mean deviation of Franklin Income Fund Cl R6 is currently at 0.28. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
=0.03
β
Beta against DOW=0.41
σ
Overall volatility
=0.42
Ir
Information ratio =0.2

Franklin Income Return Volatility

the fund shows 0.4178% volatility of returns over 30 trading days. the entity inherits 0.651% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Franklin Income Investment Opportunity

DOW has a standard deviation of returns of 0.65 and is 1.55 times more volatile than Franklin Income Fund Cl R6. 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 Cl R6 is lower than 3 () of all global equities and portfolios over the last 30 days. Use Franklin Income Fund Cl R6 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 Income to be traded at $2.21 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 Cl R6 and equity matching DJI index in the same portfolio.

Franklin Income Current Risk Indicators

Franklin Income Suggested Diversification Pairs

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