FRANKLIN Mutual Fund Technical Analysis

FCQAX Fund  USD 10.03  0.02  0.20%   
As of the 6th of February, FRANKLIN CALIFORNIA owns the Coefficient Of Variation of 240.44, standard deviation of 0.3241, and Market Risk Adjusted Performance of 1.23. FRANKLIN CALIFORNIA HIGH technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze eighteen technical drivers for FRANKLIN CALIFORNIA, which can be compared to its peers in the sector. Please confirm FRANKLIN CALIFORNIA HIGH standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if FRANKLIN CALIFORNIA HIGH is priced correctly, providing market reflects its prevailing price of 10.03 per share.
  

FRANKLIN CALIFORNIA 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 FRANKLIN
FRANKLIN CALIFORNIA's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
FRANKLIN CALIFORNIA 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.
A focus of FRANKLIN CALIFORNIA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FRANKLIN CALIFORNIA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

FRANKLIN CALIFORNIA HIGH Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Normalized Average True Range is used to analyze tradable apportunities for FRANKLIN CALIFORNIA HIGH across different markets.
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FRANKLIN CALIFORNIA HIGH Trend Analysis

Use this graph to draw trend lines for FRANKLIN CALIFORNIA HIGH. You can use it to identify possible trend reversals for FRANKLIN CALIFORNIA 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 CALIFORNIA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

FRANKLIN CALIFORNIA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for FRANKLIN CALIFORNIA HIGH applied against its price change over selected period. The best fit line has a slop of   0.01061  , which means FRANKLIN CALIFORNIA HIGH will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.26, which is the sum of squared deviations for the predicted FRANKLIN CALIFORNIA price change compared to its average price change.

About FRANKLIN CALIFORNIA 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 CALIFORNIA HIGH 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 CALIFORNIA HIGH based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on FRANKLIN CALIFORNIA HIGH price pattern first instead of the macroeconomic environment surrounding FRANKLIN CALIFORNIA HIGH. By analyzing FRANKLIN CALIFORNIA'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 CALIFORNIA'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 CALIFORNIA specific price patterns or momentum indicators. Please read more on our technical analysis page.

FRANKLIN CALIFORNIA February 6, 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.

FRANKLIN CALIFORNIA HIGH One Year Return

Based on the recorded statements, FRANKLIN CALIFORNIA HIGH has an One Year Return of 0.43%. This is 92.07% lower than that of the Franklin Templeton Investments family and significantly higher than that of the Muni California Long 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.
Please check Investing Opportunities. Note that the FRANKLIN CALIFORNIA HIGH information on this page should be used as a complementary analysis to other FRANKLIN CALIFORNIA'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for FRANKLIN Mutual Fund analysis

When running FRANKLIN CALIFORNIA HIGH price analysis, check to measure FRANKLIN CALIFORNIA'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 CALIFORNIA is operating at the current time. Most of FRANKLIN CALIFORNIA's value examination focuses on studying past and present price action to predict the probability of FRANKLIN CALIFORNIA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FRANKLIN CALIFORNIA's price. Additionally, you may evaluate how the addition of FRANKLIN CALIFORNIA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between FRANKLIN CALIFORNIA's value and its price as these two are different measures arrived at by different means. Investors typically determine FRANKLIN CALIFORNIA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FRANKLIN CALIFORNIA'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.