Franklin High Yield Fund Price on November 8, 2024

FHYIX Fund  USD 9.14  0.01  0.11%   
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Franklin High stands at 9.14, as last reported on the 3rd of February, with the highest price reaching 9.14 and the lowest price hitting 9.14 during the day. Franklin High Yield secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the fund had a close to zero % return per unit of standard deviation over the last 3 months. Franklin High Yield exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin High's Standard Deviation of 0.3164, coefficient of variation of (23,790), and Mean Deviation of 0.1957 to check the risk estimate we provide.
  
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0042

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFHYIX

Estimated Market Risk

 0.32
  actual daily
2
98% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Franklin High is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin High by adding Franklin High to a well-diversified portfolio.

Franklin High Valuation on November 8, 2024

It is possible to determine the worth of Franklin High on a given historical date. On November 8, 2024 Franklin was worth 9.13 at the beginning of the trading date compared to the closed value of 9.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin High mutual fund. Still, in general, we apply an absolute valuation method to find Franklin High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Franklin High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin High's related companies.
 Open High Low Close Volume
  9.06    9.06    9.06    9.06    1.00  
11/08/2024
  9.13    9.13    9.13    9.13    1.00  
  9.13    9.13    9.13    9.13    1.00  
Backtest Franklin High  |  Franklin High History  |  Franklin High Valuation   PreviousNext  
Open Value
9.13
9.13
Closing Value
10.08
Upside

Franklin High Trading Date Momentum on November 8, 2024

On November 11 2024 Franklin High Yield was traded for  9.13  at the closing time. The highest daily price throughout the period was 9.13  and the lowest price was  9.13 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 did not affect price variability. The overall trading delta to current closing price is 0.33% .

Franklin High Yield Fundamentals Correlations and Trends

By evaluating Franklin High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Franklin High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Franklin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Franklin High Mutual Fund history

Franklin High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin High stock prices may prove useful in developing a viable investing in Franklin High
The investment seeks to provide investors with a high current yield exempt from federal income taxes its secondary goal is capital appreciation to the extent possible and consistent with the funds principal investment goal. Franklin High is traded on NASDAQ Exchange in the United States.

Franklin High Mutual Fund Technical Analysis

Franklin High technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Franklin High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin High trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Franklin High Period Price Range

Low
February 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Franklin High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Franklin High February 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Franklin High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin High shares will generate the highest return on investment. By undertsting and applying Franklin High mutual fund market strength indicators, traders can identify Franklin High Yield entry and exit signals to maximize returns

Franklin High Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Franklin High's price direction in advance. Along with the technical and fundamental analysis of Franklin Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Insider Screener
Find insiders across different sectors to evaluate their impact on performance