Franklin Federal Tax Free Fund Market Outlook
| FFQAX Fund | USD 10.85 0.06 0.55% |
Slightly above 62% of Franklin Federal's investor base is looking to short. The analysis of overall sentiment of trading Franklin Federal Tax Free mutual fund suggests that many investors are alarmed at this time. Franklin Federal's investing sentiment can be driven by a variety of factors including economic data, Franklin Federal's earnings reports, geopolitical events, and overall market trends.
Comfort Level 38
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Franklin Federal's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Franklin Federal Tax Free.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Franklin Federal Tax Free is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Franklin Federal Tax Free given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Franklin Federal Tax Free, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Franklin Federal Advice
The Franklin recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Franklin Federal Tax Free. Macroaxis does not own or have any residual interests in Franklin Federal Tax Free or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Franklin Federal's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon Franklin Federal Tax Free has a Mean Deviation of 0.0869, Standard Deviation of 0.1415, Variance of 0.02, Downside Variance of 0.0983, Semi Variance of (0.01) and Expected Short fall of (0.14)Our trade advice tool can cross-verify current analyst consensus on Franklin Federal Tax and to analyze the fund potential to grow in the current economic cycle. Use Franklin Federal Tax price to earning, year to date return, as well as the relationship between the Year To Date Return and net asset to ensure your buy or sell decision on Franklin Federal Tax is adequate.
Franklin Federal Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Precision Trading with Calamos Dynamic Convertible Income Fund Risk Zones - Stock Traders Daily | |
| The fund retains most of the assets under management (AUM) in different types of exotic instruments. |
Franklin Federal Returns Distribution Density
The distribution of Franklin Federal's historical returns is an attempt to chart the uncertainty of Franklin Federal's future price movements. The chart of the probability distribution of Franklin Federal daily returns describes the distribution of returns around its average expected value. We use Franklin Federal Tax Free price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Franklin Federal returns is essential to provide solid investment analysis for Franklin Federal.
| Mean Return | 0.02 | Value At Risk | -0.19 | Potential Upside | 0.19 | Standard Deviation | 0.14 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Franklin Federal historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Franklin Federal Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Franklin Federal or Franklin Templeton Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Franklin Federal's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Franklin fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.17 |
Franklin Federal Volatility Alert
Franklin Federal Tax Free exhibits very low volatility with skewness of -1.26 and kurtosis of 5.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Franklin Federal's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Franklin Federal's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Franklin Federal Fundamentals Vs Peers
Comparing Franklin Federal's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Franklin Federal's direct or indirect competition across all of the common fundamentals between Franklin Federal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Franklin Federal or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Franklin Federal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Franklin Federal by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Franklin Federal to competition |
| Fundamentals | Franklin Federal | Peer Average |
| Price To Earning | 10.32 X | 6.53 X |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 2.18 % | 0.39 % |
| One Year Return | 4.31 % | 4.15 % |
| Three Year Return | 4.77 % | 3.60 % |
| Five Year Return | 1.20 % | 3.24 % |
| Ten Year Return | 3.76 % | 1.79 % |
| Net Asset | 7.85 B | 4.11 B |
| Last Dividend Paid | 0.03 | 0.65 |
| Cash Position Weight | (0.79) % | 10.61 % |
| Bond Positions Weight | 0.94 % | 11.24 % |
Franklin Federal Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Franklin . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 10.85 | |||
| Day Typical Price | 10.85 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.06) | |||
| Relative Strength Index | 94.53 |
About Franklin Federal Buy or Sell Advice
When is the right time to buy or sell Franklin Federal Tax Free? Buying financial instruments such as Franklin Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Franklin Federal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in production of aluminum. The Aluminum theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aluminum Theme or any other thematic opportunities.
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Other Information on Investing in Franklin Mutual Fund
Franklin Federal 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 Federal security.
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