Franklin Templeton Etf Price on May 6, 2024
FLCB Etf | USD 21.49 0.06 0.28% |
Below is the normalized historical share price chart for Franklin Templeton ETF extending back to September 19, 2019. 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 Templeton stands at 21.49, as last reported on the 4th of December, with the highest price reaching 21.53 and the lowest price hitting 21.39 during the day.
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. Franklin Templeton ETF secures Sharpe Ratio (or Efficiency) of -0.0841, which denotes the etf had a -0.0841% return per unit of standard deviation over the last 3 months. Franklin Templeton ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Templeton's Standard Deviation of 0.3196, mean deviation of 0.2409, and Coefficient Of Variation of (3,423) to check the risk estimate we provide.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.66 | 200 Day MA 21.3691 | 1 y Volatility 6.55 | 50 Day MA 21.545 | Inception Date 2019-09-17 |
Franklin |
Sharpe Ratio = -0.0841
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Estimated Market Risk
0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Franklin Templeton 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 Templeton by adding Franklin Templeton to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Franklin Templeton Valuation on May 6, 2024
It is possible to determine the worth of Franklin Templeton on a given historical date. On May 6, 2024 Franklin was worth 20.55 at the beginning of the trading date compared to the closed value of 20.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Templeton etf. Still, in general, we apply an absolute valuation method to find Franklin Templeton'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 Templeton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Templeton's related companies.
Open | High | Low | Close | Volume | |
20.51 | 20.52 | 20.43 | 20.48 | 100,400 | |
05/06/2024 | 20.55 | 20.55 | 20.47 | 20.50 | 114,200 |
20.58 | 20.61 | 20.54 | 20.57 | 237,400 |
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Franklin Templeton Trading Date Momentum on May 6, 2024
On May 07 2024 Franklin Templeton ETF was traded for 20.57 at the closing time. The top price for the day was 20.61 and the lowest listed price was 20.54 . The trading volume for the day was 237.4 K. The trading history from May 7, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.34% . The overall trading delta against the current closing price is 1.22% . |
Franklin Templeton ETF Fundamentals Correlations and Trends
By evaluating Franklin Templeton'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 Templeton'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 Templeton Etf history
Franklin Templeton 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 Templeton ETF 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 Templeton stock prices may prove useful in developing a viable investing in Franklin Templeton
Under normal market conditions, the fund invests at least 80 percent of its net assets in bonds of U.S. issuers, including government, corporate debt, mortgage-backed and asset-backed securities. Franklin Liberty is traded on NYSEARCA Exchange in the United States.
Franklin Templeton Etf Technical Analysis
Franklin Templeton 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 Templeton Period Price Range
Low | December 4, 2024
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0.00 | 0.00 |
Franklin Templeton ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Templeton December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Templeton 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 Templeton shares will generate the highest return on investment. By undertsting and applying Franklin Templeton etf market strength indicators, traders can identify Franklin Templeton ETF entry and exit signals to maximize returns
Franklin Templeton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Templeton'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 | (0.04) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.29) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Templeton ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Franklin Templeton ETF 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 Templeton's value that differs from its market value or its book value, called intrinsic value, which is Franklin Templeton'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 Templeton's market value can be influenced by many factors that don't directly affect Franklin Templeton'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 Templeton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Templeton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Templeton'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.