Franklin Government Money Fund Technical Analysis
| FRQXX Fund | USD 1.00 0.00 0.00% |
As of the 23rd of April, Franklin shows the Coefficient Of Variation of 812.4, standard deviation of 0.1243, and Mean Deviation of 0.0301. Our technical analysis interface provides you with a way to check existing technical drivers of Franklin Government Money, as well as the relationship between them. 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 have analyzed and interpolated eleven technical drivers for Franklin Government Money, which can be compared to its peers. Please confirm Franklin Government Money coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if Franklin Government Money is priced favorably, providing market reflects its regular price of 1.0 per share.
Franklin 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 technical money market 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 Government Money 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 Government Money volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Franklin Government Money Trend Analysis
Use this graph to draw trend lines for Franklin Government Money. You can use it to identify possible trend reversals for Franklin 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Franklin Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Franklin Government Money applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Franklin Government Money 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 price change compared to its average price change.About Franklin 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 Government Money 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 Government Money based on its technical analysis. In general, a bottom-up approach, as applied to this money market fund, focuses on Franklin Government Money price pattern first instead of the macroeconomic environment surrounding Franklin Government Money. By analyzing Franklin'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'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 specific price patterns or momentum indicators. Please read more on our technical analysis page.
Franklin 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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| Risk Adjusted Performance | 0.0363 | |||
| Market Risk Adjusted Performance | 0.2265 | |||
| Mean Deviation | 0.0301 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 0.1243 | |||
| Variance | 0.0155 | |||
| Information Ratio | (0.59) | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.2165 | |||
| Maximum Drawdown | 1.01 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Government Money. Also, note that the market value of any money market fund could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between Franklin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin'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.