Franklin Floating Financial Statements From 2010 to 2024
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Check Franklin Floating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Franklin Floating'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 Floating Valuation or Volatility modules.
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Franklin Floating Rate Fund One Year Return Analysis
Franklin Floating's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Franklin Floating One Year Return | (3.14) % |
Most of Franklin Floating's fundamental indicators, such as One Year Return, 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 Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Franklin Floating Rate has an One Year Return of -3.14%. This is much lower than that of the Franklin Templeton International Services S.à r.l. family and significantly lower than that of the Other Bond category. The one year return for all Ireland funds is notably higher than that of the company.
Franklin Floating Rate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Floating's current stock value. Our valuation model uses many indicators to compare Franklin Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin Floating competition to find correlations between indicators driving Franklin Floating's intrinsic value. More Info.Franklin Floating Rate is currently considered the top fund in price to book among similar funds. It also is currently considered the top fund in price to sales among similar funds fabricating about 0.01 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Franklin Floating Rate is roughly 193.20 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Franklin Floating by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Franklin Floating's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Franklin Floating Financial Statements
Franklin Floating stakeholders use historical fundamental indicators, such as Franklin Floating's revenue or net income, to determine how well the company is positioned to perform in the future. Although Franklin Floating investors may analyze each financial statement separately, they are all interrelated. For example, changes in Franklin Floating's assets and liabilities are reflected in the revenues and expenses on Franklin Floating's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Franklin Floating Rate. Please read more on our technical analysis and fundamental analysis pages.
The Funds investment objective is to provide a high level of current income and preservation of capital by investing up to 100 percent of its net assets in shares of the Franklin Floating Rate Master Series in the Franklin Floating Rate Master Trust . Franklin Floating is traded on Irland Stock Exchange in Ireland.
Pair Trading with Franklin Floating
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Floating will appreciate offsetting losses from the drop in the long position's value.Moving together with Franklin Fund
| 1.0 | IE00B065CV35 | Franklin Floating Rate | PairCorr |
| 1.0 | IE00B000C709 | Franklin Floating Rate | PairCorr |
The ability to find closely correlated positions to Franklin Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Floating Rate to buy it.
The correlation of Franklin Floating 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Franklin Fund
Franklin Floating financial ratios help investors to determine whether Franklin Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin Floating security.
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