FRANKLIN Mutual Fund Manager Performance Evaluation
| FAAAX Fund | USD 10.90 0.02 0.18% |
The fund owns a Beta (Systematic Risk) of 0.1251, which means not very significant fluctuations relative to the market. As returns on the market increase, FRANKLIN returns are expected to increase less than the market. However, during the bear market, the loss on holding FRANKLIN will be expected to be smaller as well. By analyzing FRANKLIN K2 ALTERNATIVE technical indicators, you can today evaluate if the expected return of 0.015% will be sustainable into the future.
FRANKLIN Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in FRANKLIN K2 ALTERNATIVE are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, FRANKLIN is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Fifty Two Week Low | 10.81 | |
| Fifty Two Week High | 12.59 |
FRANKLIN |
FRANKLIN Relative Risk vs. Return Landscape
If you would invest 1,080 in FRANKLIN K2 ALTERNATIVE on June 24, 2023 and sell it today you would earn a total of 10.00 from holding FRANKLIN K2 ALTERNATIVE or generate 0.93% return on investment over 90 days. FRANKLIN K2 ALTERNATIVE is currently producing 0.015% returns and takes up 0.1367% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than FRANKLIN, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
FRANKLIN Current Valuation
Overvalued
Today
Please note that FRANKLIN's price fluctuation is very steady at this time. FRANKLIN K2 ALTERNATIVE owns a latest Real Value of $10.02 per share. The recent price of the fund is $10.9. At this time, the entity appears to be overvalued. We determine the value of FRANKLIN K2 ALTERNATIVE from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, in the future, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for FRANKLIN K2 ALTERNATIVE is useful when determining the fair value of the FRANKLIN mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of FRANKLIN. Since FRANKLIN is currently traded on the exchange, buyers and sellers on that exchange determine the market value of FRANKLIN Mutual Fund. However, FRANKLIN's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Estimating the potential upside or downside of FRANKLIN K2 ALTERNATIVE helps investors to forecast how FRANKLIN mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of FRANKLIN more accurately as focusing exclusively on FRANKLIN's fundamentals will not take into account other important factors: FRANKLIN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FRANKLIN's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as FRANKLIN K2 ALTERNATIVE, and traders can use it to determine the average amount a FRANKLIN's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1094
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FAAAX |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average FRANKLIN is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of FRANKLIN by adding it to a well-diversified portfolio.
FRANKLIN Fundamentals Growth
FRANKLIN Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of FRANKLIN, and FRANKLIN fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on FRANKLIN Mutual Fund performance.
| Price to Earning | 22.28 X | |||
| Price to Book | 2.73 X | |||
| Price to Sales | 1.33 X | |||
| Total Asset | 1.16 B | |||
About FRANKLIN Performance
To evaluate FRANKLIN K2 ALTERNATIVE Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when FRANKLIN generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare FRANKLIN Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand FRANKLIN K2 ALTERNATIVE market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents FRANKLIN's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative strategies, including, but not limited to, some or all of the following strategies Long Short Equity, Relative Value, Event Driven and Global Macro. Franklin is traded on NASDAQ Exchange in the United States.Things to note about FRANKLIN K2 ALTERNATIVE performance evaluation
Checking the ongoing alerts about FRANKLIN for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for FRANKLIN K2 ALTERNATIVE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| FRANKLIN is unlikely to experience financial distress in the next 2 years | |
| The fund retains about 38.58% of its assets under management (AUM) in cash |
- Analyzing FRANKLIN's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether FRANKLIN's stock is overvalued or undervalued compared to its peers.
- Examining FRANKLIN's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating FRANKLIN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of FRANKLIN's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of FRANKLIN's mutual fund. These opinions can provide insight into FRANKLIN's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FRANKLIN K2 ALTERNATIVE. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the FRANKLIN K2 ALTERNATIVE information on this page should be used as a complementary analysis to other FRANKLIN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for FRANKLIN Mutual Fund analysis
When running FRANKLIN's price analysis, check to measure FRANKLIN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FRANKLIN is operating at the current time. Most of FRANKLIN's value examination focuses on studying past and present price action to predict the probability of FRANKLIN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FRANKLIN's price. Additionally, you may evaluate how the addition of FRANKLIN to your portfolios can decrease your overall portfolio volatility.
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