Franklin New York Fund Price on October 31, 2024
| FKNCX Fund | USD 10.88 0.02 0.18% |
Below is the normalized historical share price chart for Franklin New York extending back to May 19, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin New stands at 10.88, as last reported on the 29th of November, with the highest price reaching 10.88 and the lowest price hitting 10.88 during the day.
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Franklin Mutual Fund to be very steady. Franklin New York secures Sharpe Ratio (or Efficiency) of 0.0166, which denotes the fund had a 0.0166% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin New York, which you can use to evaluate the volatility of the entity. Please confirm Franklin New's Downside Deviation of 0.2973, semi deviation of 0.1602, and Mean Deviation of 0.1094 to check if the risk estimate we provide is consistent with the expected return of 0.0031%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.0166
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Franklin New is performing at about 1% of its full potential. 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 New by adding it to a well-diversified portfolio.
Franklin New Valuation on October 31, 2024
It is possible to determine the worth of Franklin New on a given historical date. On October 31, 2024 Franklin was worth 10.77 at the beginning of the trading date compared to the closed value of 10.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin New mutual fund. Still, in general, we apply an absolute valuation method to find Franklin New'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 New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin New's related companies.
| Open | High | Low | Close | Volume | |
| 10.75 | 10.75 | 10.75 | 10.75 | 1.00 | |
10/31/2024 | 10.77 | 10.77 | 10.77 | 10.77 | 1.00 |
| 10.77 | 10.77 | 10.77 | 10.77 | 1.00 |
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Franklin New Trading Date Momentum on October 31, 2024
| On November 01 2024 Franklin New York was traded for 10.77 at the closing time. The highest daily price throughout the period was 10.77 and the lowest price was 10.77 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 did not affect price variability. The overall trading delta to current closing price is 0.28% . |
Franklin New York Fundamentals Correlations and Trends
By evaluating Franklin New'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 New'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 New Mutual Fund history
Franklin New 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 New York 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 New stock prices may prove useful in developing a viable investing in Franklin New
Under normal market conditions, the fund invests at least 80 percent of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and from New York State personal income taxes. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20 percent of the funds total assets may be invested in securities that pay interest subject to federal or state income taxes.
Franklin New Mutual Fund Technical Analysis
Franklin New 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.
Price Boundaries
Franklin New Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Franklin New York 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 New November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin New 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 New shares will generate the highest return on investment. By undertsting and applying Franklin New mutual fund market strength indicators, traders can identify Franklin New York entry and exit signals to maximize returns
Franklin New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin New'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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0019 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | 0.086 |
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| Volume Indicators |
Other Information on Investing in Franklin Mutual Fund
Franklin New 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 New security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |