Franklin Templeton Etf Price on November 4, 2024
IQM Etf | USD 66.55 0.70 1.04% |
Below is the normalized historical share price chart for Franklin Templeton ETF extending back to February 27, 2020. 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 Templeton stands at 66.55, as last reported on the 28th of November, with the highest price reaching 66.55 and the lowest price hitting 66.02 during the day.
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. As of now, Franklin Etf is very steady. Franklin Templeton ETF secures Sharpe Ratio (or Efficiency) of 0.0806, which denotes the etf had a 0.0806% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Franklin Templeton ETF, which you can use to evaluate the volatility of the entity. Please confirm Franklin Templeton's Downside Deviation of 1.65, semi deviation of 1.53, and Mean Deviation of 1.09 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 27.27 | 200 Day MA 60.7036 | 1 y Volatility 18.55 | 50 Day MA 64.3636 | Inception Date 2020-02-25 |
Franklin |
Sharpe Ratio = 0.0806
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Estimated Market Risk
1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Franklin Templeton 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 Templeton by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 152 K |
Franklin Templeton Valuation on November 4, 2024
It is possible to determine the worth of Franklin Templeton on a given historical date. On November 4, 2024 Franklin was worth 63.0 at the beginning of the trading date compared to the closed value of 62.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Templeton etf. Still, in general, we apply an absolute valuation method to find Franklin Templeton'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 Templeton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Templeton's related companies.
Open | High | Low | Close | Volume | |
63.19 | 63.19 | 62.88 | 62.88 | 1,019 | |
11/04/2024 | 63.00 | 63.06 | 62.88 | 62.88 | 881.00 |
63.47 | 63.96 | 63.47 | 63.90 | 766.00 |
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Franklin Templeton Trading Date Momentum on November 4, 2024
On November 05 2024 Franklin Templeton ETF was traded for 63.90 at the closing time. Highest Franklin Templeton's price during the trading hours was 63.96 and the lowest price during the day was 63.47 . The net volume was 766. The overall trading history on the 5th of November contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 1.62% . The overall trading delta to current price is 6.62% . |
Franklin Templeton ETF Fundamentals Correlations and Trends
By evaluating Franklin Templeton'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 Templeton'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 Templeton Etf history
Franklin Templeton 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 Templeton ETF 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 Templeton stock prices may prove useful in developing a viable investing in Franklin Templeton
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. Franklin Intelligent is traded on BATS Exchange in the United States.
Franklin Templeton Etf Technical Analysis
Franklin Templeton 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 Templeton Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Franklin Templeton ETF cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Templeton November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Templeton 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 Templeton shares will generate the highest return on investment. By undertsting and applying Franklin Templeton etf market strength indicators, traders can identify Franklin Templeton ETF entry and exit signals to maximize returns
Franklin Templeton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Templeton'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 | 0.0617 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0824 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Franklin Templeton ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Franklin Templeton ETF 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 Templeton's value that differs from its market value or its book value, called intrinsic value, which is Franklin Templeton'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 Templeton's market value can be influenced by many factors that don't directly affect Franklin Templeton'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 Templeton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Templeton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Templeton'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.