Franklin Louisiana Tax Free Fund Price on September 12, 2024
| FQLAX Fund | USD 10.36 0.02 0.19% |
Below is the normalized historical share price chart for Franklin Louisiana Tax Free extending back to September 10, 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 Louisiana stands at 10.36, as last reported on the 30th of November, with the highest price reaching 10.36 and the lowest price hitting 10.36 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 Louisiana Tax secures Sharpe Ratio (or Efficiency) of 0.0872, which denotes the fund had a 0.0872% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Louisiana Tax Free, which you can use to evaluate the volatility of the entity. Please confirm Franklin Louisiana's Semi Deviation of 0.1771, downside deviation of 0.4511, and Mean Deviation of 0.1459 to check if the risk estimate we provide is consistent with the expected return of 0.0216%.
FRANKLIN Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
FRANKLIN |
Sharpe Ratio = 0.0872
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| Negative Returns | FQLAX |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Franklin Louisiana 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 Louisiana by adding it to a well-diversified portfolio.
Franklin Louisiana Valuation on September 12, 2024
It is possible to determine the worth of Franklin Louisiana on a given historical date. On September 12, 2024 FRANKLIN was worth 10.28 at the beginning of the trading date compared to the closed value of 10.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Louisiana mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Louisiana'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 Louisiana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Louisiana's related companies.
| Open | High | Low | Close | Volume | |
| 10.28 | 10.28 | 10.28 | 10.28 | 1.00 | |
09/12/2024 | 10.28 | 10.28 | 10.28 | 10.28 | 1.00 |
| 10.28 | 10.28 | 10.28 | 10.28 | 1.00 |
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Franklin Louisiana Trading Date Momentum on September 12, 2024
| On September 13 2024 Franklin Louisiana Tax Free was traded for 10.28 at the closing time. The highest daily price throughout the period was 10.28 and the lowest price was 10.28 . There was no trading activity during the period 1.0. Lack of trading volume on 09/13/2024 did not affect price variability. The overall trading delta to current closing price is 0.10% . |
Franklin Louisiana Tax Fundamentals Correlations and Trends
By evaluating Franklin Louisiana'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 Louisiana'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 Louisiana Mutual Fund history
Franklin Louisiana 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 Louisiana Tax 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 Louisiana stock prices may prove useful in developing a viable investing in Franklin Louisiana
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. In addition, under normal market conditions, it invests at least 80 percent of its total assets in securities that pay interest free from the personal income taxes, if any, of Louisiana. The fund also may invest up to 35 percent of its total assets in municipal securities issued by U.S. territories.
Franklin Louisiana Mutual Fund Technical Analysis
Franklin Louisiana 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 Louisiana Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Franklin Louisiana Tax Free 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 Louisiana November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Louisiana 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 Louisiana shares will generate the highest return on investment. By undertsting and applying Franklin Louisiana mutual fund market strength indicators, traders can identify Franklin Louisiana Tax Free entry and exit signals to maximize returns
Franklin Louisiana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Louisiana'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 | 0.0581 | |||
| Jensen Alpha | 0.029 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | (0.14) |
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Other Information on Investing in FRANKLIN Mutual Fund
Franklin Louisiana 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 Louisiana security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
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| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |