Franklin High Income Fund Statistic Functions Beta

FHRRX Fund  USD 1.74  0.01  0.57%   
Franklin High statistic functions tool provides the execution environment for running the Beta function and other technical functions against Franklin High. Franklin High value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Franklin High statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Franklin High Income correlated with the market. If Beta is less than 0 Franklin High generally moves in the opposite direction as compared to the market. If Franklin High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin High is generally in the same direction as the market. If Beta > 1 Franklin High moves generally in the same direction as, but more than the movement of the benchmark.

Franklin High Technical Analysis Modules

Most technical analysis of Franklin High help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Franklin from various momentum indicators to cycle 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.

About Franklin High Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franklin High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin High Income 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 High's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Franklin High's intrinsic value. In addition to deriving basic predictive indicators for Franklin High, we also check how macroeconomic factors affect Franklin High price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1.501.741.98
Details
Intrinsic
Valuation
LowRealHigh
1.501.741.98
Details

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Other Information on Investing in Franklin Mutual Fund

Franklin High 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 High security.
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