Franklin Income Net Asset vs. Cash Position Weight

FCISX Fund  USD 2.37  0.02  0.84%   
Based on the measurements of profitability obtained from Franklin Income's financial statements, Franklin Income Fund may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Franklin Income's ability to earn profits and add value for shareholders.
For Franklin Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Franklin Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Franklin Income Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Franklin Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Franklin Income Fund over time as well as its relative position and ranking within its peers.
  
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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 if Franklin Income is a good investment 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.

Franklin Income Fund Cash Position Weight vs. Net Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Franklin Income's current stock value. Our valuation model uses many indicators to compare Franklin Income value to that of its competitors to determine the firm's financial worth.
Franklin Income Fund is one of the top funds in net asset among similar funds. It is one of the top funds in cash position weight among similar funds . The ratio of Net Asset to Cash Position Weight for Franklin Income Fund is about  24,601,825,342 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Franklin Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Franklin Income's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin Income's earnings, one of the primary drivers of an investment's value.

Franklin Cash Position Weight vs. Net Asset

Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Franklin Income

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
71.84 B
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Franklin Income

Cash Percentage

 = 

% of Cash

in the fund

 = 
2.92 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.

Franklin Cash Position Weight Comparison

Franklin Income is currently under evaluation in cash position weight among similar funds.

Franklin Income Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Franklin Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Franklin Income will eventually generate negative long term returns. The profitability progress is the general direction of Franklin Income's change in net profit over the period of time. It can combine multiple indicators of Franklin Income, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests in a diversified portfolio of debt and equity securities. The equity securities in which the fund invests consist primarily of common stocks. Debt securities include all varieties of fixed, floating and variable rate instruments, including secured and unsecured bonds, bonds convertible into common stock, senior floating rate and term loans, mortgage-backed securities and other asset-backed securities, debentures, and shorter term instruments. It may invest up to 100 percent of its total assets in debt securities that are rated below investment grade.

Franklin Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Franklin Income. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Franklin Income position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Franklin Income's important profitability drivers and their relationship over time.

Use Franklin Income in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Income position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Income will appreciate offsetting losses from the drop in the long position's value.

Franklin Income Pair Trading

Franklin Income Fund Pair Trading Analysis

The ability to find closely correlated positions to Franklin Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Income when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Income - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Income Fund to buy it.
The correlation of Franklin Income is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Income Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Income can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Franklin Income position

In addition to having Franklin Income in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Entertainment Thematic Idea Now

Entertainment
Entertainment Theme
Companies from entertainment industry including show business, news and media. The Entertainment theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
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You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Franklin Income's 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 the 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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To fully project Franklin Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Franklin Income Fund at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Franklin Income's income statement, its balance sheet, and the statement of cash flows.
Potential Franklin Income investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Franklin Income investors may work on each financial statement separately, they are all related. The changes in Franklin Income's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Franklin Income's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.