Franklin Corefolio Mutual Fund Forward View

FTCLX Fund  USD 23.76  0.19  0.79%   
Franklin Mutual Fund outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Franklin Corefolio's share price is at 51. This usually indicates that the mutual fund is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Franklin Corefolio, making its price go up or down.

Momentum 51

 Impartial

 
Oversold
 
Overbought
The successful prediction of Franklin Corefolio's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Franklin Efolio Allocation, which may create opportunities for some arbitrage if properly timed.
Using Franklin Corefolio hype-based prediction, you can estimate the value of Franklin Efolio Allocation from the perspective of Franklin Corefolio response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Franklin Efolio Allocation on the next trading day is expected to be 23.63 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 10.03.

Franklin Corefolio after-hype prediction price

    
  USD 23.76  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Franklin Corefolio to cross-verify your projections.

Franklin Corefolio Additional Predictive Modules

Most predictive techniques to examine Franklin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Franklin using various technical indicators. When you analyze Franklin charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A naive forecasting model for Franklin Corefolio is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Franklin Efolio Allocation value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Franklin Corefolio Naive Prediction Price Forecast For the 6th of February

Given 90 days horizon, the Naive Prediction forecasted value of Franklin Efolio Allocation on the next trading day is expected to be 23.63 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 10.03.
Please note that although there have been many attempts to predict Franklin Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Franklin Corefolio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Franklin Corefolio Mutual Fund Forecast Pattern

Backtest Franklin Corefolio  Franklin Corefolio Price Prediction  Research Analysis  

Franklin Corefolio Forecasted Value

In the context of forecasting Franklin Corefolio's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Franklin Corefolio's downside and upside margins for the forecasting period are 22.90 and 24.35, respectively. We have considered Franklin Corefolio's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
23.76
23.63
Expected Value
24.35
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Franklin Corefolio mutual fund data series using in forecasting. Note that when a statistical model is used to represent Franklin Corefolio mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria114.9652
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1644
MAPEMean absolute percentage error0.007
SAESum of the absolute errors10.0286
This model is not at all useful as a medium-long range forecasting tool of Franklin Efolio Allocation. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Franklin Corefolio. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Franklin Corefolio

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Efolio Allo. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
23.0423.7624.48
Details
Intrinsic
Valuation
LowRealHigh
22.9223.6424.36
Details
Bollinger
Band Projection (param)
LowMiddleHigh
23.5623.9124.25
Details

Franklin Corefolio After-Hype Price Density Analysis

As far as predicting the price of Franklin Corefolio at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Franklin Corefolio or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Franklin Corefolio, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Franklin Corefolio Estimiated After-Hype Price Volatility

In the context of predicting Franklin Corefolio's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Franklin Corefolio's historical news coverage. Franklin Corefolio's after-hype downside and upside margins for the prediction period are 23.04 and 24.48, respectively. We have considered Franklin Corefolio's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
23.76
23.76
After-hype Price
24.48
Upside
Franklin Corefolio is very steady at this time. Analysis and calculation of next after-hype price of Franklin Efolio Allo is based on 3 months time horizon.

Franklin Corefolio Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Franklin Corefolio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Franklin Corefolio backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Franklin Corefolio, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.06 
0.73
  0.01 
 0.00  
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
23.76
23.76
0.00 
384.21  
Notes

Franklin Corefolio Hype Timeline

Franklin Efolio Allo is currently traded for 23.76. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Franklin is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.06%. %. The volatility of related hype on Franklin Corefolio is about 1123.08%, with the expected price after the next announcement by competition of 23.76. The company has price-to-book (P/B) ratio of 1.96. Some equities with similar Price to Book (P/B) outperform the market in the long run. Franklin Efolio Allo last dividend was issued on the 30th of December 1970. Assuming the 90 days horizon the next expected press release will be very soon.
Check out Historical Fundamental Analysis of Franklin Corefolio to cross-verify your projections.

Franklin Corefolio Related Hype Analysis

Having access to credible news sources related to Franklin Corefolio's direct competition is more important than ever and may enhance your ability to predict Franklin Corefolio's future price movements. Getting to know how Franklin Corefolio's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Franklin Corefolio may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FCAZXFranklin Efolio Allocation 0.00 0 per month 0.80 (0.05) 1.11 (1.22) 3.44 
BAFAXBrown Advisory Flexible 0.00 0 per month 0.77  0.05  1.26 (1.35) 7.89 
FLMFXMuirfield Fund Retail 0.11 1 per month 0.55  0.09  1.29 (1.19) 7.08 
SEBLXSentinel Balanced Fund(0.18)1 per month 0.44 (0.0007) 0.91 (0.92) 5.21 
SBACXSentinel Balanced Fund 0.00 0 per month 0.37  0.01  0.91 (0.85) 5.27 
SWYNXSchwab Target 2060 0.00 0 per month 0.65 (0) 1.02 (1.13) 2.87 
DBMAXDreyfusthe Boston Pany 0.00 0 per month 0.00 (0.11) 2.16 (1.90) 38.48 
SIBLXSentinel Balanced Fund 0.00 1 per month 0.36  0.02  0.89 (0.83) 5.30 
PGROXDreyfus Worldwide Growth(0.58)1 per month 0.51  0.08  0.93 (1.28) 23.66 
SWEGXSchwab Markettrack All 0.00 1 per month 0.48  0.12  1.20 (1.18) 5.33 

Other Forecasting Options for Franklin Corefolio

For every potential investor in Franklin, whether a beginner or expert, Franklin Corefolio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Franklin Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Franklin. Basic forecasting techniques help filter out the noise by identifying Franklin Corefolio's price trends.

Franklin Corefolio Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Franklin Corefolio mutual fund to make a market-neutral strategy. Peer analysis of Franklin Corefolio could also be used in its relative valuation, which is a method of valuing Franklin Corefolio by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Franklin Corefolio Market Strength Events

Market strength indicators help investors to evaluate how Franklin Corefolio mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Corefolio shares will generate the highest return on investment. By undertsting and applying Franklin Corefolio mutual fund market strength indicators, traders can identify Franklin Efolio Allocation entry and exit signals to maximize returns.

Franklin Corefolio Risk Indicators

The analysis of Franklin Corefolio's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Franklin Corefolio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting franklin mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Franklin Corefolio

The number of cover stories for Franklin Corefolio depends on current market conditions and Franklin Corefolio's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Franklin Corefolio is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Franklin Corefolio's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Franklin Mutual Fund

Franklin Corefolio 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 Corefolio security.
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