Franklin Ftse China Etf Price on November 20, 2024
FLCH Etf | USD 18.40 0.47 2.49% |
Below is the normalized historical share price chart for Franklin FTSE China extending back to November 06, 2017. 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 FTSE stands at 18.40, as last reported on the 23rd of November, with the highest price reaching 18.47 and the lowest price hitting 18.33 during the day.
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. Franklin FTSE appears to be not too volatile, given 3 months investment horizon. Franklin FTSE China secures Sharpe Ratio (or Efficiency) of 0.0764, which denotes the etf had a 0.0764% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Franklin FTSE China, which you can use to evaluate the volatility of the entity. Please utilize Franklin FTSE's Downside Deviation of 2.94, mean deviation of 1.93, and Semi Deviation of 2.6 to check if our risk estimates are consistent with your expectations.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 32.49 | 200 Day MA 17.1904 | 1 y Volatility 30.06 | 50 Day MA 19.3882 | Inception Date 2017-11-02 |
Franklin |
Sharpe Ratio = 0.0764
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Estimated Market Risk
2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Franklin FTSE is performing at about 6% 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 FTSE by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 54.2 K |
Franklin FTSE Valuation on November 20, 2024
It is possible to determine the worth of Franklin FTSE on a given historical date. On November 20, 2024 Franklin was worth 18.99 at the beginning of the trading date compared to the closed value of 19.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin FTSE etf. Still, in general, we apply an absolute valuation method to find Franklin FTSE'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 FTSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin FTSE's related companies.
Open | High | Low | Close | Volume | |
18.89 | 18.94 | 18.86 | 18.91 | 9,333 | |
11/20/2024 | 18.99 | 19.03 | 18.94 | 19.00 | 35,919 |
18.87 | 18.91 | 18.80 | 18.87 | 59,407 |
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Franklin FTSE Trading Date Momentum on November 20, 2024
On November 21 2024 Franklin FTSE China was traded for 18.87 at the closing time. The top price for the day was 18.91 and the lowest listed price was 18.80 . The trading volume for the day was 59.4 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.68% . The overall trading delta against the current closing price is 2.95% . |
Franklin FTSE China Fundamentals Correlations and Trends
By evaluating Franklin FTSE'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 FTSE'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 FTSE Etf history
Franklin FTSE 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 FTSE China 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 FTSE stock prices may prove useful in developing a viable investing in Franklin FTSE
Under normal market conditions, the fund invests at least 80 percent of its assets in the component securities of the index and in depositary receipts representing such securities. China Franklin is traded on NYSEARCA Exchange in the United States.
Franklin FTSE Etf Technical Analysis
Franklin FTSE 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 FTSE Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Franklin FTSE China 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 FTSE November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin FTSE 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 FTSE shares will generate the highest return on investment. By undertsting and applying Franklin FTSE etf market strength indicators, traders can identify Franklin FTSE China entry and exit signals to maximize returns
Franklin FTSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin FTSE'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 | 0.0621 | |||
Jensen Alpha | 0.1735 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | 0.0275 | |||
Treynor Ratio | 0.8658 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin FTSE China. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Franklin FTSE China 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 FTSE's value that differs from its market value or its book value, called intrinsic value, which is Franklin FTSE'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 FTSE's market value can be influenced by many factors that don't directly affect Franklin FTSE'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 FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin FTSE'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.