Franklin Liberty Senior Etf Price on August 30, 2024
FLBL Etf | USD 24.45 0.03 0.12% |
Below is the normalized historical share price chart for Franklin Liberty Senior extending back to June 01, 2018. 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 Liberty stands at 24.45, as last reported on the 29th of November, with the highest price reaching 24.45 and the lowest price hitting 24.42 during the day.
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. As of now, Franklin Etf is very steady. Franklin Liberty Senior secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the etf had a 0.34% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Liberty Senior, which you can use to evaluate the volatility of the entity. Please confirm Franklin Liberty's Downside Deviation of 0.122, mean deviation of 0.0801, and Coefficient Of Variation of 305.41 to check if the risk estimate we provide is consistent with the expected return of 0.0363%.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 4.48 | 200 Day MA 24.3322 | 1 y Volatility 1.67 | 50 Day MA 24.3009 | Inception Date 2018-05-30 |
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Sharpe Ratio = 0.3416
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Based on monthly moving average Franklin Liberty is performing at about 26% 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 Liberty by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 32.2451 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=1.57118} |
Franklin Liberty Valuation on August 30, 2024
It is possible to determine the worth of Franklin Liberty on a given historical date. On August 30, 2024 Franklin was worth 23.91 at the beginning of the trading date compared to the closed value of 23.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Liberty etf. Still, in general, we apply an absolute valuation method to find Franklin Liberty'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 Liberty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Liberty's related companies.
Open | High | Low | Close | Volume | |
23.90 | 23.91 | 23.89 | 23.90 | 131,066 | |
08/30/2024 | 23.91 | 23.92 | 23.88 | 23.91 | 166,147 |
23.92 | 23.92 | 23.87 | 23.89 | 187,493 |
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Franklin Liberty Trading Date Momentum on August 30, 2024
On September 03 2024 Franklin Liberty Senior was traded for 23.89 at the closing time. The top price for the day was 23.92 and the lowest listed price was 23.87 . The trading volume for the day was 187.5 K. The trading history from September 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.08% . The overall trading delta against the current closing price is 0.25% . |
Franklin Liberty Senior Fundamentals Correlations and Trends
By evaluating Franklin Liberty'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 Liberty'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 Liberty Etf history
Franklin Liberty 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 Liberty Senior 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 Liberty stock prices may prove useful in developing a viable investing in Franklin Liberty
Under normal market conditions, the fund invests at least 80 percent of its net assets in senior loans and investments that provide exposure to senior loans. Franklin Liberty is traded on BATS Exchange in the United States.
Franklin Liberty Etf Technical Analysis
Franklin Liberty technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Franklin Liberty Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
Franklin Liberty Senior cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Liberty November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Liberty etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Liberty shares will generate the highest return on investment. By undertsting and applying Franklin Liberty etf market strength indicators, traders can identify Franklin Liberty Senior entry and exit signals to maximize returns
Franklin Liberty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Liberty's price direction in advance. Along with the technical and fundamental analysis of Franklin Etf 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 | 0.1883 | |||
Jensen Alpha | 0.0209 | |||
Total Risk Alpha | 0.0087 | |||
Sortino Ratio | (0.74) | |||
Treynor Ratio | 0.7802 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty Senior. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Franklin Liberty Senior is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.