Franklin Liberty Financial Statements From 2010 to 2024
| FLMI Etf | USD 24.80 0.03 0.12% |
Check Franklin Liberty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Franklin Liberty's main balance sheet or income statement drivers, such as , as well as many indicators such as . Franklin financial statements analysis is a perfect complement when working with Franklin Liberty Valuation or Volatility modules.
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Franklin Liberty Intermediate ETF Beta Analysis
Franklin Liberty's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Franklin Liberty Beta | 0.93 |
Most of Franklin Liberty's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Franklin Liberty Intermediate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Franklin Liberty Intermediate has a Beta of 0.93. This is much higher than that of the Franklin Templeton Investments family and significantly higher than that of the High Yield Muni category. The beta for all United States etfs is notably lower than that of the firm.
About Franklin Liberty Financial Statements
Investors use fundamental indicators, such as Franklin Liberty's revenue or net income, to determine how well the company is positioned to perform in the future. Although Franklin Liberty's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Under normal market conditions, the fund invests at least 80 percent of its net assets in municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Franklin Liberty is traded on NYSEARCA Exchange in the United States.
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When determining whether Franklin Liberty Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Liberty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Liberty Intermediate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Liberty Intermediate Etf:Check out the analysis of Franklin Liberty Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Franklin Liberty Int is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty'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.