Franklin Missouri Tax Free Fund Price on October 9, 2024
FRMZX Fund | USD 10.56 0.01 0.09% |
Below is the normalized historical share price chart for Franklin Missouri Tax Free extending back to November 02, 2009. 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 Missouri stands at 10.56, as last reported on the 27th of November, with the highest price reaching 10.56 and the lowest price hitting 10.56 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 Missouri Tax secures Sharpe Ratio (or Efficiency) of 0.0769, which denotes the fund had a 0.0769% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Missouri Tax Free, which you can use to evaluate the volatility of the entity. Please confirm Franklin Missouri's Semi Deviation of 0.2121, downside deviation of 0.4407, and Mean Deviation of 0.1475 to check if the risk estimate we provide is consistent with the expected return of 0.0197%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.0769
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Estimated Market Risk
0.26 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
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Franklin Missouri 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 Missouri by adding it to a well-diversified portfolio.
Franklin Missouri Valuation on October 9, 2024
It is possible to determine the worth of Franklin Missouri on a given historical date. On October 9, 2024 Franklin was worth 10.52 at the beginning of the trading date compared to the closed value of 10.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Missouri mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Missouri'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 Missouri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Missouri's related companies.
Open | High | Low | Close | Volume | |
10.53 | 10.53 | 10.53 | 10.53 | 1.00 | |
10/09/2024 | 10.52 | 10.52 | 10.52 | 10.52 | 1.00 |
10.52 | 10.52 | 10.52 | 10.52 | 1.00 |
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Franklin Missouri Trading Date Momentum on October 9, 2024
On October 10 2024 Franklin Missouri Tax Free was traded for 10.52 at the closing time. The highest daily price throughout the period was 10.52 and the lowest price was 10.52 . There was no trading activity during the period 1.0. Lack of trading volume on 10/10/2024 did not affect price variability. The overall trading delta to current closing price is 0.10% . |
Franklin Missouri Tax Fundamentals Correlations and Trends
By evaluating Franklin Missouri'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 Missouri'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 Missouri Mutual Fund history
Franklin Missouri 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 Missouri 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 Missouri stock prices may prove useful in developing a viable investing in Franklin Missouri
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 Missouri. The fund also may invest up to 35 percent of its total assets in municipal securities issued by U.S. territories.
Franklin Missouri Mutual Fund Technical Analysis
Franklin Missouri 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 Missouri Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Franklin Missouri 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 Missouri November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Missouri 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 Missouri shares will generate the highest return on investment. By undertsting and applying Franklin Missouri mutual fund market strength indicators, traders can identify Franklin Missouri Tax Free entry and exit signals to maximize returns
Franklin Missouri Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Missouri'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 | 0.0287 | |||
Jensen Alpha | 0.0183 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.26) | |||
Treynor Ratio | (0.06) |
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Volume Indicators |
Other Information on Investing in Franklin Mutual Fund
Franklin Missouri 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 Missouri security.
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