Franklin High Financials
| FHIRX Fund | USD 1.80 0.00 0.00% |
Franklin |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Franklin High Fund Summary
Franklin High competes with Guggenheim High, American Century, Calvert High, Virtus High, and Goldman Sachs. The fund invests predominantly in high yield, lower-rated debt securities. Lower-rated securities generally pay higher yields than more highly rated securities to compensate investors for the higher risk. These securities include bonds, notes, debentures, convertible securities and senior and subordinated debt securities. It may invest up to 100 percent of its total assets in debt securities that are rated below investment grade, also known as junk bonds.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3535385070 |
| Business Address | Franklin High Income |
| Mutual Fund Family | Franklin Templeton Investments |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 342 5236 |
| Currency | USD - US Dollar |
Franklin High Key Financial Ratios
Franklin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin High's current stock value. Our valuation model uses many indicators to compare Franklin High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin High competition to find correlations between indicators driving Franklin High's intrinsic value. More Info.Franklin High Income is rated # 3 fund in price to book among similar funds. It also is rated # 3 fund in price to sales among similar funds fabricating about 0.83 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Franklin High Income is roughly 1.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin High's earnings, one of the primary drivers of an investment's value.Franklin High Income Systematic Risk
Franklin High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Franklin High Income correlated with the market. If Beta is less than 0 Franklin High generally moves in the opposite direction as compared to the market. If Franklin High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin High is generally in the same direction as the market. If Beta > 1 Franklin High moves generally in the same direction as, but more than the movement of the benchmark.
Franklin High December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin High Income based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin High's daily price indicators and compare them against related drivers.
| Information Ratio | (0.56) | |||
| Maximum Drawdown | 1.12 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.5556 |
Other Information on Investing in Franklin Mutual Fund
Franklin High financial ratios help investors to determine whether Franklin Mutual 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 High security.
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