Franklin Income Fund Technical Analysis
FCISX Fund | USD 2.29 0.02 0.88% |
As of the 3rd of December, Franklin Income shows the Downside Deviation of 0.75, semi deviation of 0.4049, and Mean Deviation of 0.3393. Franklin Income Fund technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Franklin Income Fund, which can be compared to its rivals. Please confirm Franklin Income Fund standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Franklin Income Fund is priced favorably, providing market reflects its regular price of 2.29 per share.
Franklin Income Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Franklin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FranklinFranklin |
Franklin Income 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.
Franklin Income Fund Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Franklin Income Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility. .
Franklin Income Fund Trend Analysis
Use this graph to draw trend lines for Franklin Income Fund. You can use it to identify possible trend reversals for Franklin Income as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Franklin Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Franklin Income Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Franklin Income Fund applied against its price change over selected period. The best fit line has a slop of 0.00007403 , which means Franklin Income Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Franklin Income price change compared to its average price change.About Franklin Income Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Franklin Income Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Franklin Income Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Franklin Income Fund price pattern first instead of the macroeconomic environment surrounding Franklin Income Fund. By analyzing Franklin Income's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Franklin Income's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Franklin Income specific price patterns or momentum indicators. Please read more on our technical analysis page.
Franklin Income December 3, 2023 Technical Indicators
Most technical analysis of Franklin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Franklin from various momentum indicators to cycle indicators. When you analyze Franklin charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0074 | |||
Market Risk Adjusted Performance | (0.00092095) | |||
Mean Deviation | 0.3393 | |||
Semi Deviation | 0.4049 | |||
Downside Deviation | 0.75 | |||
Coefficient Of Variation | 6795.38 | |||
Standard Deviation | 0.5525 | |||
Variance | 0.3052 | |||
Information Ratio | (0.022813) | |||
Jensen Alpha | (0.003707) | |||
Total Risk Alpha | (0.009498) | |||
Sortino Ratio | (0.016804) | |||
Treynor Ratio | (0.010921) | |||
Maximum Drawdown | 2.76 | |||
Value At Risk | (0.90) | |||
Potential Upside | 0.9091 | |||
Downside Variance | 0.5626 | |||
Semi Variance | 0.1639 | |||
Expected Short fall | (0.71) | |||
Skewness | 0.7139 | |||
Kurtosis | 2.69 |
Franklin Income Fund One Year Return
Based on the recorded statements, Franklin Income Fund has an One Year Return of 1.3537%. This is 75.02% lower than that of the Franklin Templeton Investments family and significantly higher than that of the Allocation--50% to 70% Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Income Fund. 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 state. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Franklin Mutual Fund analysis
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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