Franklin Orado Tax Free Fund Price on October 24, 2024
| FRCOX Fund | USD 10.60 0.01 0.09% |
Below is the normalized historical share price chart for Franklin Orado Tax Free extending back to January 04, 1990. 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 Colorado stands at 10.60, as last reported on the 24th of November, with the highest price reaching 10.60 and the lowest price hitting 10.60 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 Orado Tax secures Sharpe Ratio (or Efficiency) of 0.027, which denotes the fund had a 0.027% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Orado Tax Free, which you can use to evaluate the volatility of the entity. Please confirm Franklin Colorado's Semi Deviation of 0.2038, mean deviation of 0.135, and Downside Deviation of 0.3504 to check if the risk estimate we provide is consistent with the expected return of 0.0061%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.027
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| Negative Returns | FRCOX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Franklin Colorado is performing at about 2% 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 Colorado by adding it to a well-diversified portfolio.
Franklin Colorado Valuation on October 24, 2024
It is possible to determine the worth of Franklin Colorado on a given historical date. On October 24, 2024 Franklin was worth 10.49 at the beginning of the trading date compared to the closed value of 10.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Colorado mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Colorado'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 Colorado where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Colorado's related companies.
| Open | High | Low | Close | Volume | |
| 10.48 | 10.48 | 10.48 | 10.48 | 1.00 | |
10/24/2024 | 10.49 | 10.49 | 10.49 | 10.49 | 1.00 |
| 10.53 | 10.53 | 10.53 | 10.53 | 1.00 |
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Franklin Colorado Trading Date Momentum on October 24, 2024
| On October 25 2024 Franklin Orado Tax Free was traded for 10.53 at the closing time. The highest daily price throughout the period was 10.53 and the lowest price was 10.53 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.38% . The overall trading delta to current closing price is 0.76% . |
Franklin Orado Tax Fundamentals Correlations and Trends
By evaluating Franklin Colorado'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 Colorado'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 Colorado Mutual Fund history
Franklin Colorado 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 Orado 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 Colorado stock prices may prove useful in developing a viable investing in Franklin Colorado
The fund invests at least 80 percent of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.
Franklin Colorado Mutual Fund Technical Analysis
Franklin Colorado 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 Colorado Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Franklin Orado 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 Colorado November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Colorado 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 Colorado shares will generate the highest return on investment. By undertsting and applying Franklin Colorado mutual fund market strength indicators, traders can identify Franklin Orado Tax Free entry and exit signals to maximize returns
Franklin Colorado Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Colorado'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 | 0.0011 | |||
| Jensen Alpha | 0.0083 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | 0.0287 |
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Other Information on Investing in Franklin Mutual Fund
Franklin Colorado 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 Colorado security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
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