Franklin Minnesota Tax Free Fund Probability of Future Mutual Fund Price Finishing Over 11.67
| FMINX Fund | USD 11.31 0.06 0.53% |
Franklin |
Franklin Minnesota Target Price Odds to finish over 11.67
The tendency of Franklin Mutual Fund 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 $ 11.67 or more in 90 days |
| 11.31 | 90 days | 11.67 | near 1 |
Based on a normal probability distribution, the odds of Franklin Minnesota to move over $ 11.67 or more in 90 days from now is near 1 (This Franklin Minnesota Tax Free probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Franklin Minnesota Tax price to stay between its current price of $ 11.31 and $ 11.67 at the end of the 90-day period is about 31.72 .
Assuming the 90 days horizon Franklin Minnesota has a beta of 0.0849. This usually indicates as returns on the market go up, Franklin Minnesota average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Minnesota Tax Free will be expected to be much smaller as well. Additionally Franklin Minnesota Tax Free 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 Minnesota Price Density |
| Price |
Predictive Modules for Franklin Minnesota
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 Minnesota Tax. 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.Franklin Minnesota Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Minnesota is not an exception. The market had few large corrections towards the Franklin Minnesota'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 Minnesota Tax Free, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Minnesota within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0046 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.39 |
Franklin Minnesota 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 Minnesota for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Minnesota Tax 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 Minnesota Tax retains most of the assets under management (AUM) in different types of exotic instruments. |
Franklin Minnesota Technical Analysis
Franklin Minnesota's future price can be derived by breaking down and analyzing its technical indicators over time. Franklin Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin Minnesota Tax Free. In general, you should focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Franklin Minnesota Predictive Forecast Models
Franklin Minnesota's time-series forecasting models is one of many Franklin Minnesota's mutual fund 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 Minnesota'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Franklin Minnesota Tax
Checking the ongoing alerts about Franklin Minnesota for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Minnesota Tax 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 Minnesota Tax retains most of the assets under management (AUM) in different types of exotic instruments. |
Other Information on Investing in Franklin Mutual Fund
Franklin Minnesota 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 Minnesota security.
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