Franklin Templeton Competition
| FLCB Etf | USD 21.69 0.01 0.05% |
Franklin Templeton vs Invesco Correlation
Very weak diversification
The correlation between Franklin Templeton ETF and BSCP is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Franklin Templeton ETF and BSCP in the same portfolio, assuming nothing else is changed.
Moving together with Franklin Etf
| 0.97 | BND | Vanguard Total Bond Sell-off Trend | PairCorr |
| 0.97 | AGG | iShares Core Aggregate Sell-off Trend | PairCorr |
| 0.87 | BIV | Vanguard Intermediate Sell-off Trend | PairCorr |
| 0.98 | SPAB | SPDR Portfolio Aggregate Sell-off Trend | PairCorr |
| 0.98 | EAGG | iShares ESG Aggregate | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Templeton's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Templeton Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Franklin Templeton and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Franklin and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Franklin Templeton ETF does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Franklin Templeton Constituents Risk-Adjusted Indicators
There is a big difference between Franklin Etf performing well and Franklin Templeton ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Franklin Templeton's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.45 | (0.19) | 0.00 | (0.12) | 0.00 | 3.16 | 13.02 | |||
| MSFT | 1.07 | (0.13) | 0.00 | (0.42) | 0.00 | 1.85 | 4.90 | |||
| UBER | 1.43 | (0.29) | 0.00 | (0.33) | 0.00 | 2.50 | 10.23 | |||
| F | 1.47 | 0.12 | 0.09 | 0.15 | 1.32 | 3.65 | 16.30 | |||
| T | 0.88 | (0.04) | 0.00 | (0.05) | 0.00 | 1.63 | 4.30 | |||
| A | 1.20 | (0.23) | 0.00 | (0.11) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.43 | (0.22) | 0.00 | (0.15) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.11 | (0.05) | (0.01) | 0.03 | 1.66 | 2.00 | 7.38 | |||
| MRK | 1.24 | 0.28 | 0.19 | 0.46 | 1.14 | 3.59 | 8.09 | |||
| XOM | 1.06 | 0.27 | 0.17 | 4.39 | 0.96 | 2.38 | 5.82 |
Franklin Templeton Competitive Analysis
The better you understand Franklin Templeton competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Franklin Templeton's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Franklin Templeton's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Franklin Templeton Competition Performance Charts
Five steps to successful analysis of Franklin Templeton Competition
Franklin Templeton's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Franklin Templeton ETF in relation to its competition. Franklin Templeton's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Franklin Templeton in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Franklin Templeton's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Franklin Templeton ETF, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Franklin Templeton position
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Check out Franklin Templeton Correlation with its peers. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Understanding Franklin Templeton ETF requires distinguishing between market price and book value, where the latter reflects Franklin's accounting equity. The concept of intrinsic value—what Franklin Templeton's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Franklin Templeton's price substantially above or below its fundamental value.
Please note, there is a significant difference between Franklin Templeton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Templeton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Franklin Templeton's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.