Franklin Ohio Financials
FTOIX Fund | USD 11.61 0.02 0.17% |
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 Ohio Fund Summary
Franklin Ohio competes with Vanguard Ohio, Franklin Ohio, Fidelity Ohio, HUMANA, and Barloworld. The fund invests at least 80 percent of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.Specialization | Muni Ohio, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US3547235040 |
Business Address | Franklin Tax Free |
Mutual Fund Family | Franklin Templeton Investments |
Mutual Fund Category | Muni Ohio |
Benchmark | Dow Jones Industrial |
Phone | 800 342 5236 |
Currency | USD - US Dollar |
Franklin Ohio Key Financial Ratios
Franklin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Ohio's current stock value. Our valuation model uses many indicators to compare Franklin Ohio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin Ohio competition to find correlations between indicators driving Franklin Ohio's intrinsic value. More Info.Franklin Ohio Tax Free is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 495.52 of Year To Date Return per Annual Yield. 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 Ohio's earnings, one of the primary drivers of an investment's value.Franklin Ohio Tax Systematic Risk
Franklin Ohio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin Ohio 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Franklin Ohio Tax correlated with the market. If Beta is less than 0 Franklin Ohio generally moves in the opposite direction as compared to the market. If Franklin Ohio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Ohio Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Ohio is generally in the same direction as the market. If Beta > 1 Franklin Ohio moves generally in the same direction as, but more than the movement of the benchmark.
Franklin Ohio November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin Ohio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin Ohio Tax Free. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Ohio Tax Free 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 Ohio's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3763 | |||
Information Ratio | (0.47) | |||
Maximum Drawdown | 1.39 | |||
Value At Risk | (0.26) | |||
Potential Upside | 0.262 |
Other Information on Investing in Franklin Mutual Fund
Franklin Ohio 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 Ohio security.
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