Franklin Louisiana Tax Free Fund Probability of Future Mutual Fund Price Finishing Over 10.98
| FQLAX Fund | USD 10.36 0.02 0.19% |
FRANKLIN |
Franklin Louisiana Target Price Odds to finish over 10.98
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 $ 10.98 or more in 90 days |
| 10.36 | 90 days | 10.98 | close to zero percent |
Based on a normal probability distribution, the odds of Franklin Louisiana to move over $ 10.98 or more in 90 days from now is close to zero percent (This Franklin Louisiana 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 Louisiana Tax price to stay between its current price of $ 10.36 and $ 10.98 at the end of the 90-day period is roughly 2.54 .
Assuming the 90 days horizon Franklin Louisiana Tax Free has a beta of -0.11. This usually indicates as returns on the benchmark increase, returns on holding Franklin Louisiana are expected to decrease at a much lower rate. During a bear market, however, Franklin Louisiana Tax Free is likely to outperform the market. Additionally Franklin Louisiana Tax Free has an alpha of 0.029, implying that it can generate a 0.029 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Franklin Louisiana Price Density |
| Price |
Predictive Modules for Franklin Louisiana
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 Louisiana 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 Louisiana Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Louisiana is not an exception. The market had few large corrections towards the Franklin Louisiana'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 Louisiana Tax Free, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Louisiana within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.46 |
Franklin Louisiana 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 Louisiana for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Louisiana 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.| Latest headline from news.google.com: How To Trade - Stock Traders Daily | |
| The fund generated three year return of -1.0% | |
| Franklin Louisiana Tax retains most of the assets under management (AUM) in different types of exotic instruments. |
Franklin Louisiana Technical Analysis
Franklin Louisiana'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 Louisiana Tax Free. In general, you should focus on analyzing FRANKLIN Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Franklin Louisiana Predictive Forecast Models
Franklin Louisiana's time-series forecasting models is one of many Franklin Louisiana'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 Louisiana'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 Louisiana Tax
Checking the ongoing alerts about Franklin Louisiana for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franklin Louisiana Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: How To Trade - Stock Traders Daily | |
| The fund generated three year return of -1.0% | |
| Franklin Louisiana Tax retains most of the assets under management (AUM) in different types of exotic instruments. |
Other Information on Investing in FRANKLIN Mutual Fund
Franklin Louisiana 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 Louisiana security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |