Franklin Fund Allocator Fund Market Value
| FCEEX Fund | USD 9.75 0.08 0.83% |
| Symbol | Franklin |
Franklin Fund 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Franklin Fund's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Franklin Fund.
| 10/31/2022 |
| 04/23/2024 |
If you would invest 0.00 in Franklin Fund on October 31, 2022 and sell it all today you would earn a total of 0.00 from holding Franklin Fund Allocator or generate 0.0% return on investment in Franklin Fund over 540 days. Franklin Fund is related to or competes with Templeton Foreign, Franklin Mutual, Templeton Growth, Franklin Small-mid, and Franklin Real. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of issuers l... More
Franklin Fund Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Franklin Fund's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Franklin Fund Allocator upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8101 | |||
| Information Ratio | 0.0187 | |||
| Maximum Drawdown | 4.02 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.2 |
Franklin Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Fund's standard deviation. In reality, there are many statistical measures that can use Franklin Fund historical prices to predict the future Franklin Fund's volatility.| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.0321 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0172 | |||
| Treynor Ratio | 0.1209 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Fund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Fund Allocator Backtested Returns
We consider Franklin Fund very steady. Franklin Fund Allocator secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Fund Allocator, which you can use to evaluate the volatility of the entity. Please confirm Franklin Fund's Mean Deviation of 0.5755, downside deviation of 0.8101, and Semi Deviation of 0.6093 to check if the risk estimate we provide is consistent with the expected return of 0.0879%. The fund shows a Beta (market volatility) of 0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Fund is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
Franklin Fund Allocator has weak predictability. Overlapping area represents the amount of predictability between Franklin Fund time series from 31st of October 2022 to 28th of July 2023 and 28th of July 2023 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Franklin Fund Allocator price movement. The serial correlation of 0.24 indicates that over 24.0% of current Franklin Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Franklin Fund Allocator lagged returns against current returns
Autocorrelation, which is Franklin Fund mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Franklin Fund's mutual fund expected returns. We can calculate the autocorrelation of Franklin Fund returns to help us make a trade decision. For example, suppose you find that Franklin Fund has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Franklin Fund regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Franklin Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Fund Lagged Returns
When evaluating Franklin Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Fund mutual fund have on its future price. Franklin Fund autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Franklin Fund autocorrelation shows the relationship between Franklin Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Fund Allocator.
Regressed Prices |
| Timeline |
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 Fund 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 Fund's short interest history, or implied volatility extrapolated from Franklin Fund options trading.
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Try AI Portfolio ArchitectCheck out Franklin Fund Correlation, Franklin Fund Volatility and Franklin Fund Alpha and Beta module to complement your research on Franklin Fund. Note that the Franklin Fund Allocator information on this page should be used as a complementary analysis to other Franklin Fund'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Franklin Fund technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.