Franklin California Intermediate Term Fund Technical Analysis
| FRCZX Fund | USD 10.94 0.01 0.09% |
As of the 23rd of April, Franklin California shows the Standard Deviation of 0.1515, coefficient of variation of (2,229), and Mean Deviation of 0.1028. Franklin California 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 were able to analyze thirteen technical drivers for Franklin California Intermediate Term, which can be compared to its peers. Please confirm Franklin California risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Franklin California is priced favorably, providing market reflects its regular price of 10.94 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 FranklinFranklin |
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.
Franklin California Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 California volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Franklin California Trend Analysis
Use this graph to draw trend lines for Franklin California Intermediate Term. 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 Intermediate Term applied against its price change over selected period. The best fit line has a slop of 0.0008 , which may suggest that Franklin California Intermediate Term market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, 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 Intermediate Term 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 Intermediate Term based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Franklin California price pattern first instead of the macroeconomic environment surrounding Franklin California. 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 April 23, 2024 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.
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 0.1028 | |||
| Coefficient Of Variation | (2,229) | |||
| Standard Deviation | 0.1515 | |||
| Variance | 0.0229 | |||
| Information Ratio | (0.61) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 0.9093 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.1826 | |||
| Skewness | 0.5843 | |||
| Kurtosis | 2.77 |
Franklin California One Year Return
Based on the recorded statements, Franklin California Intermediate Term has an One Year Return of 2.3001%. This is 57.56% lower than that of the Franklin Templeton Investments family and significantly higher than that of the Muni California Intermediate 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 California Intermediate Term. 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 nation. Note that the Franklin California 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 the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.