Franklin Income Equity Etf Price on October 21, 2024
| INCE Etf | 58.96 0.14 0.24% |
Below is the normalized historical share price chart for Franklin Income Equity extending back to September 22, 2016. 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 Income stands at 58.96, as last reported on the 1st of December, with the highest price reaching 58.96 and the lowest price hitting 58.96 during the day.
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. At this point, Franklin Income is very steady. Franklin Income Equity secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the etf had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Income Equity, which you can use to evaluate the volatility of the entity. Please confirm Franklin Income's Downside Deviation of 0.5074, semi deviation of 0.3644, and Mean Deviation of 0.4163 to check if the risk estimate we provide is consistent with the expected return of 0.0797%.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 15.06 | 1 y Volatility 8.39 | Inception Date 2016-09-20 |
Franklin |
Sharpe Ratio = 0.1636
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| Cash | INCE | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Franklin Income is performing at about 12% 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 Income by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 151 K |
Franklin Income Valuation on October 21, 2024
It is possible to determine the worth of Franklin Income on a given historical date. On October 21, 2024 Franklin was worth 58.43 at the beginning of the trading date compared to the closed value of 58.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Income etf. Still, in general, we apply an absolute valuation method to find Franklin Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Income's related companies.
| Open | High | Low | Close | Volume | |
| 57.92 | 58.81 | 57.71 | 58.81 | 10,900 | |
10/21/2024 | 58.43 | 58.46 | 58.41 | 58.41 | 1,400 |
| 58.24 | 58.45 | 58.24 | 58.45 | 1,300 |
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Franklin Income Trading Date Momentum on October 21, 2024
| On October 22 2024 Franklin Income Equity was traded for 58.45 at the closing time. The top price for the day was 58.45 and the lowest listed price was 58.24 . The trading volume for the day was 1.3 K. The trading history from October 22, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.07% . The overall trading delta against the current closing price is 2.00% . |
Franklin Income Equity Fundamentals Correlations and Trends
By evaluating Franklin Income'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 Income'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 Income Etf history
Franklin Income 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 Income Equity 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 Income stock prices may prove useful in developing a viable investing in Franklin Income
Franklin Income Etf Technical Analysis
Franklin Income 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 Income Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Franklin Income Equity 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 Income December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Income 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 Income shares will generate the highest return on investment. By undertsting and applying Franklin Income etf market strength indicators, traders can identify Franklin Income Equity entry and exit signals to maximize returns
Franklin Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Income'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 | 0.1086 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.1172 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Franklin Income Equity. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Franklin Income Equity 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 Income's value that differs from its market value or its book value, called intrinsic value, which is Franklin Income'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 Income's market value can be influenced by many factors that don't directly affect Franklin Income'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 Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Income'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.