FCISX  Fund   USD 2.43 0.02 0.83% 
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please check
Franklin Income Piotroski F Score and
Portfolio Optimization analysis.
Franklin Z Score Analysis
Franklin Income's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 First Factor  =  1.2 * (  Working Capital  /  Total Assets ) 

 Second Factor  =  1.4 * (  Retained Earnings  /  Total Assets ) 

 Thrid Factor  =  3.3 * (  EBITAD  /  Total Assets ) 

 Fouth Factor  =  0.6 * (  Market Value of Equity  /  Total Liabilities ) 

 Fifth Factor  =  0.99 * (  Revenue  /  Total Assets ) 

To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Franklin Income Z Score Component Assessment
According to the company's disclosures, Franklin Income has a Z Score of 0.0. This indicator is about the same for the Category average (which is currently at 0.0) family and about the same as
Family (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Franklin Income
The fund invests 33.3% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (6.01%) , cash (2.31%) and various exotic instruments.
Franklin Fundamentals
About Franklin Income Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Franklin Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Franklin Income using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Franklin Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our
fundamental analysis page.
The investment seeks to maximize income while maintaining prospects for capital appreciation. Franklin Income is traded on NASDAQ Exchange in the United States.
Franklin Income Investors Sentiment
The influence of
Franklin Income's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Franklin. The overall
investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of
investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as
technical analysis,
investor sentiment usually refers to the aggregate attitude towards Franklin Income in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge
market sentiment could be utilized using contrarian indexes, Franklin Income's short interest history, or implied volatility extrapolated from Franklin Income options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Franklin Income using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check
Franklin Income Piotroski F Score and
Portfolio Optimization analysis. Note that the Franklin Income information on this page should be used as a complementary analysis to other Franklin Income'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
Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Franklin Mutual Fund analysis
When running Franklin Income price analysis, check to
measure Franklin Income'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 Income is operating at the current time. Most of Franklin Income's value examination focuses on studying past and present price action to
predict the probability of Franklin Income's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Franklin Income's price. Additionally, you may evaluate how the addition of Franklin Income to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Franklin Income's value and its price as these two are different measures arrived at by different means. Investors typically determine Franklin Income value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.