Franklin Lifesmart Correlations

Franklin Lifesmart Correlation With Market

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Lifesmart 2020. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in state.

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations    NEITX + 0.97 NBMAX BBINX + 0.92 NBMAX BBINX + 0.89 NEITX MGGNX + 0.71 BBINX MGGNX + 0.62 NBMAX MGGNX + 0.54 NEITX

High negative correlations    NEITX - 0.57 IMLXX IMLXX - 0.47 NBMAX BBINX - 0.35 IMLXX MGGNX - 0.09 IMLXX

Risk-Adjusted Indicators

There is a big difference between Franklin Mutual Fund performing well and Franklin Lifesmart Mutual Fund 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 Lifesmart'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.