Franklin Mutual Correlations
| TFSIXDelisted Fund | USD 24.38 0.00 0.00% |
The current 90-days correlation between Franklin Mutual Financial and Franklin Mutual European is -0.03 (i.e., Good diversification). The correlation of Franklin Mutual is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Franklin Mutual Correlation With Market
Average diversification
The correlation between Franklin Mutual Financial and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Franklin Mutual Financial and DJI in the same portfolio, assuming nothing else is changed.
Franklin |
Moving together with Franklin Mutual Fund
| 0.78 | VFAIX | Vanguard Financials Index | PairCorr |
| 0.78 | FRBCX | Regional Bank | PairCorr |
| 0.78 | JRGRX | Regional Bank | PairCorr |
| 0.74 | PRISX | T Rowe Price | PairCorr |
| 0.76 | FIDCX | Financial Industries | PairCorr |
| 0.76 | JFDRX | Financial Industries | PairCorr |
| 0.74 | TFIFX | T Rowe Price | PairCorr |
| 0.77 | DVFYX | Davis Financial | PairCorr |
| 0.77 | RPFGX | Davis Financial | PairCorr |
| 0.77 | DFFCX | Davis Financial | PairCorr |
| 0.75 | KSCOX | Kinetics Small Cap Steady Growth | PairCorr |
| 0.76 | LSHUX | Horizon Spin Off Steady Growth | PairCorr |
| 0.76 | WWNPX | Kinetics Paradigm Steady Growth | PairCorr |
| 0.77 | KNPAX | Kinetics Paradigm Steady Growth | PairCorr |
| 0.76 | KNPCX | Kinetics Paradigm Steady Growth | PairCorr |
| 0.77 | KMKCX | Kinetics Market Oppo Steady Growth | PairCorr |
| 0.74 | KSCYX | Kinetics Small Cap Steady Growth | PairCorr |
| 0.78 | KINCX | Kinetics Internet | PairCorr |
| 0.75 | KSOCX | Kinetics Small Cap Steady Growth | PairCorr |
| 0.79 | FSRBX | Banking Portfolio Banking | PairCorr |
| 0.63 | GAB | Gabelli Equity Trust | PairCorr |
| 0.7 | TEGYX | Mid Cap Growth | PairCorr |
| 0.66 | WMT | Walmart Aggressive Push | PairCorr |
| 0.87 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.64 | HPQ | HP Inc | PairCorr |
Moving against Franklin Mutual Fund
| 0.8 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.67 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.66 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.62 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.37 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
| -0.11 | 0.15 | -0.47 | 0.68 | TEMIX | ||
| -0.11 | -0.24 | 0.59 | 0.41 | FRNRX | ||
| 0.15 | -0.24 | 0.32 | 0.2 | FREEX | ||
| -0.47 | 0.59 | 0.32 | 0.08 | FKUTX | ||
| 0.68 | 0.41 | 0.2 | 0.08 | TEDIX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Franklin Mutual Fund performing well and Franklin Mutual 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 Mutual'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TEMIX | 0.67 | (0.15) | 0.00 | (0.19) | 0.00 | 1.13 | 4.16 | |||
| FRNRX | 0.77 | 0.03 | (0.07) | 2.44 | 1.08 | 1.58 | 4.33 | |||
| FREEX | 0.68 | 0.05 | (0.07) | 1.09 | 0.81 | 1.17 | 3.92 | |||
| FKUTX | 0.71 | 0.13 | 0.04 | 0.76 | 0.67 | 1.62 | 4.08 | |||
| TEDIX | 0.51 | (0.09) | 0.00 | (0.02) | 0.00 | 0.88 | 2.77 |
Franklin Mutual Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Franklin Mutual mutual fund to make a market-neutral strategy. Peer analysis of Franklin Mutual could also be used in its relative valuation, which is a method of valuing Franklin Mutual by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Franklin Mutual Financial?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.