Franklin Mutual Fund Manager Performance Evaluation

FCISX -  USA Fund  

USD 2.61  0.01  0.38%

The fund shows a Beta (market volatility) of 0.2636, which means not very significant fluctuations relative to the market. Let's try to break down what Franklin's beta means in this case. As returns on the market increase, Franklin Income returns are expected to increase less than the market. However, during the bear market, the loss on holding Franklin Income will be expected to be smaller as well. Although it is extremely important to respect Franklin Income historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Franklin Income technical indicators, you can presently evaluate if the expected return of 0.17% will be sustainable into the future.

Franklin Mutual Fund Performance 

 
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Franklin Performance
51 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Income are ranked lower than 51 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Franklin Income may actually be approaching a critical reversion point that can send shares even higher in February 2022.
Fifty Two Week Low2.3200
Fifty Two Week High2.5900
Annual Report Expense Ratio1.11%
Trailing Annual Dividend Yield3.94%

Franklin Income Relative Risk vs. Return Landscape

If you would invest  252.00  in Franklin Income on October 18, 2021 and sell it today you would earn a total of  9.00  from holding Franklin Income or generate 3.57% return on investment over 90 days. Franklin Income is currently producing 0.1675% returns and takes up 0.2323% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Franklin, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Franklin Income is expected to generate 0.35 times more return on investment than the market. However, the company is 2.84 times less risky than the market. It trades about 0.72 of its potential returns per unit of risk. The DOW is currently generating roughly 0.11 per unit of risk.

Franklin Income Current Valuation

Fairly Valued
Today
2.61
16th of January 2022
Share
Please note that Franklin Income's price fluctuation is not too volatile at this time.
Franklin Income shows a prevailing Real Value of $2.59 per share. The current price of the fund is $2.61. Based on Macroaxis valuation methodology, the entity appears to be fairly valued. We determine the value of Franklin Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will submerge.
Our valuation method for Franklin Income 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 Income. Since Franklin Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Franklin Mutual Fund. However, Franklin Income'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.
2.59
Real Value
3.12
Upside
Estimating the potential upside or downside of Franklin Income 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 Income more accurately as focusing exclusively on Franklin Income's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.602.612.62
Details
Hype
Prediction
LowEstimated ValueHigh
2.082.613.14
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.050.050.06
Details

Franklin Income Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Franklin Income, and traders can use it to determine the average amount a Franklin Income'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 = 0.7211

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Estimated Market Risk
 0.23
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 0.17
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.72
  actual daily
 
 51 %
of total potential
 
5151
Based on monthly moving average Franklin Income is performing at about 51% 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 Income by adding it to a well-diversified portfolio.

About Franklin Income Performance

To evaluate Franklin Income 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 Income 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 Income stock market performance in a much more refined way. At Macroaxis, we take it even further. 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 investment seeks to maximize income while maintaining prospects for capital appreciation. Franklin Income is traded on NASDAQ Exchange in the United States.

Things to note about Franklin Income

Checking the ongoing alerts about Franklin Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Franklin Income Alerts

Equity Alerts and Improvement Suggestions

Franklin Income is unlikely to experience financial distress in the next 2 years
Franklin is showing solid risk-adjusted performance over 90 days
The fund retains about 26.3% of its assets under management (AUM) in fixed income securities
Please check Investing Opportunities. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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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.