Franklin Exponential Financial Statements From 2010 to 2024
| XDAT Etf | USD 26.94 0.27 0.99% |
Check Franklin Exponential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Franklin Exponential'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 Exponential Valuation or Volatility modules.
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Franklin Exponential Data ETF Beta Analysis
Franklin Exponential'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 Exponential Beta | 1.03 |
Most of Franklin Exponential'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 Exponential Data 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 Exponential Data has a Beta of 1.03. This is much higher than that of the Franklin Templeton Investments family and significantly higher than that of the Technology category. The beta for all United States etfs is notably lower than that of the firm.
About Franklin Exponential Financial Statements
Franklin Exponential shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Franklin Exponential investors may analyze each financial statement separately, they are all interrelated. The changes in Franklin Exponential's assets and liabilities, for example, are also reflected in the revenues and expenses on on Franklin Exponential's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that are relevant to the funds investment theme of exponential data. Franklin Exponential is traded on BATS Exchange in the United States.
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Check out the analysis of Franklin Exponential Correlation against competitors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of Franklin Exponential Data 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 Exponential's value that differs from its market value or its book value, called intrinsic value, which is Franklin Exponential'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 Exponential's market value can be influenced by many factors that don't directly affect Franklin Exponential'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 Exponential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Exponential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Exponential'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.