Franklin Global Aggregate Etf Probability of Future Etf Price Finishing Over 19.40
| FLGA Etf | CAD 19.08 0.09 0.47% |
Franklin |
Franklin Global Target Price Odds to finish over 19.40
The tendency of Franklin Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over C$ 19.40 or more in 90 days |
| 19.08 | 90 days | 19.40 | near 1 |
Based on a normal probability distribution, the odds of Franklin Global to move over C$ 19.40 or more in 90 days from now is near 1 (This Franklin Global Aggregate probability density function shows the probability of Franklin Etf to fall within a particular range of prices over 90 days) . Probability of Franklin Global Aggregate price to stay between its current price of C$ 19.08 and C$ 19.40 at the end of the 90-day period is about 38.25 .
Assuming the 90 days trading horizon Franklin Global has a beta of 0.0886. This usually indicates as returns on the market go up, Franklin Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Global Aggregate will be expected to be much smaller as well. Additionally Franklin Global Aggregate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Franklin Global Price Density |
| Price |
Predictive Modules for Franklin Global
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 Global Aggregate. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Franklin Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Global is not an exception. The market had few large corrections towards the Franklin Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Franklin Global Aggregate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.4 |
Franklin Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Franklin Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Global Aggregate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Franklin Global Aggregate retains about 92.2% of its assets under management (AUM) in fixed income securities |
Franklin Global Technical Analysis
Franklin Global's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Global Aggregate. In general, you should focus on analyzing Franklin Etf price patterns and their correlations with different microeconomic environments and drivers.
Franklin Global Predictive Forecast Models
Franklin Global's time-series forecasting models is one of many Franklin Global's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Franklin Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Franklin Global Aggregate
Checking the ongoing alerts about Franklin Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Global Aggregate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -1.0% | |
| Franklin Global Aggregate retains about 92.2% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Franklin Etf
Franklin Global financial ratios help investors to determine whether Franklin Etf 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 Global security.