Franklin Vertible Securities Fund Price on January 29, 2024
| FROTX Fund | USD 23.87 0.03 0.13% |
Below is the normalized historical share price chart for Franklin Vertible Securities extending back to July 18, 1996. 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 Convertible stands at 23.87, as last reported on the 27th of November, with the highest price reaching 23.87 and the lowest price hitting 23.87 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 Convertible secures Sharpe Ratio (or Efficiency) of 0.35, which denotes the fund had a 0.35% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Franklin Vertible Securities, which you can use to evaluate the volatility of the entity. Please confirm Franklin Convertible's Downside Deviation of 0.3942, coefficient of variation of 299.25, and Mean Deviation of 0.3778 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.3515
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average Franklin Convertible is performing at about 27% 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 Convertible by adding it to a well-diversified portfolio.
Franklin Convertible Valuation on January 29, 2024
It is possible to determine the worth of Franklin Convertible on a given historical date. On January 29, 2024 Franklin was worth 20.19 at the beginning of the trading date compared to the closed value of 20.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Convertible mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Convertible'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 Convertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Convertible's related companies.
| Open | High | Low | Close | Volume | |
| 20.08 | 20.08 | 20.08 | 20.08 | 1.00 | |
01/29/2024 | 20.19 | 20.19 | 20.19 | 20.19 | 1.00 |
| 20.12 | 20.12 | 20.12 | 20.12 | 1.00 |
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Franklin Convertible Trading Date Momentum on January 29, 2024
| On January 30 2024 Franklin Vertible Securities was traded for 20.12 at the closing time. The highest daily price throughout the period was 20.12 and the lowest price was 20.12 . There was no trading activity during the period 1.0. Lack of trading volume on 01/30/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.35% . The overall trading delta to current closing price is 0.45% . |
Franklin Convertible Fundamentals Correlations and Trends
By evaluating Franklin Convertible'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 Convertible'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 Convertible Mutual Fund history
Franklin Convertible 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 Convertible 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 Convertible stock prices may prove useful in developing a viable investing in Franklin Convertible
The fund normally invests at least 80 percent of its net assets in convertible securities. It may invest up to 100 percent of its assets in securities that are rated below investment grade however, the fund will not invest more than 10 percent of its assets in non-convertible debt securities rated below B. It may invest up to 20 percent of its net assets in other securities, such as common or preferred stocks and non-convertible debt securities.
Franklin Convertible Mutual Fund Technical Analysis
Franklin Convertible 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 Convertible Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Franklin Vertible Securities 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 Convertible November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Convertible 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 Convertible shares will generate the highest return on investment. By undertsting and applying Franklin Convertible mutual fund market strength indicators, traders can identify Franklin Vertible Securities entry and exit signals to maximize returns
Franklin Convertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Convertible'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 | 0.2499 | |||
| Jensen Alpha | 0.0965 | |||
| Total Risk Alpha | 0.0783 | |||
| Sortino Ratio | 0.0921 | |||
| Treynor Ratio | 0.3145 |
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Other Information on Investing in Franklin Mutual Fund
Franklin Convertible 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 Convertible security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |