Templeton Dragon Closed Fund Price on September 9, 2024
TDF Fund | USD 8.34 0.21 2.46% |
Below is the normalized historical share price chart for Templeton Dragon Closed extending back to September 21, 1994. 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 Templeton Dragon stands at 8.34, as last reported on the 22nd of November, with the highest price reaching 8.40 and the lowest price hitting 8.31 during the day.
If you're considering investing in Templeton Fund, it is important to understand the factors that can impact its price. At this point, Templeton Dragon is somewhat reliable. Templeton Dragon Closed owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0706, which indicates the fund had a 0.0706% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Templeton Dragon Closed, which you can use to evaluate the volatility of the fund. Please validate Templeton Dragon's Coefficient Of Variation of 1457.58, semi deviation of 2.36, and Risk Adjusted Performance of 0.0594 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Templeton Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Templeton |
Sharpe Ratio = 0.0706
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Estimated Market Risk
2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Templeton Dragon is performing at about 5% 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 Templeton Dragon by adding it to a well-diversified portfolio.
Market Capitalization 427.6 M |
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Templeton Dragon Valuation on September 9, 2024
It is possible to determine the worth of Templeton Dragon on a given historical date. On September 9, 2024 Templeton was worth 7.65 at the beginning of the trading date compared to the closed value of 7.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Templeton Dragon fund. Still, in general, we apply an absolute valuation method to find Templeton Dragon'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 Templeton Dragon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Templeton Dragon's related companies.
Open | High | Low | Close | Volume | |
7.73 | 7.77 | 7.67 | 7.67 | 8,915 | |
09/09/2024 | 7.65 | 7.67 | 7.62 | 7.64 | 187,248 |
7.63 | 7.63 | 7.58 | 7.60 | 17,800 |
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Templeton Dragon Trading Date Momentum on September 9, 2024
On September 10 2024 Templeton Dragon Closed was traded for 7.60 at the closing time. Highest Templeton Dragon's price during the trading hours was 7.63 and the lowest price during the day was 7.58 . The net volume was 17.8 K. The overall trading history on the 10th of September contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.52% . The trading price change to current price is 2.49% . |
Templeton Dragon Closed Fundamentals Correlations and Trends
By evaluating Templeton Dragon'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 Templeton Dragon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Templeton financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Templeton Dragon Fund history
Templeton Dragon 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 Templeton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Templeton Dragon Closed 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 Templeton Dragon stock prices may prove useful in developing a viable investing in Templeton Dragon
Templeton Dragon Fund, Inc. is a closed ended equity mutual fund launched by Franklin Resources, Inc. The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of China. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. The fund employs fundamental analysis focusing on factors like growth prospects, competitive positions in export markets, technologies, research and development, productivity, labor costs, raw material costs and sources, profit margins, returns on investment, capital resources, government regulation, and management to create its portfolio. It is actively managed. Templeton Dragon Fund, Inc. was formed on September 20, 1994 and is domiciled in the United States.
Templeton Dragon Fund Technical Analysis
Templeton Dragon technical 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
Templeton Dragon Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Templeton Dragon Closed cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Templeton Dragon November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Templeton Dragon fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Templeton Dragon shares will generate the highest return on investment. By undertsting and applying Templeton Dragon fund market strength indicators, traders can identify Templeton Dragon Closed entry and exit signals to maximize returns
Templeton Dragon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Templeton Dragon's price direction in advance. Along with the technical and fundamental analysis of Templeton Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Templeton 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 | 0.0594 | |||
Jensen Alpha | 0.153 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | 0.0259 | |||
Treynor Ratio | 1.06 |
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Other Information on Investing in Templeton Fund
Templeton Dragon financial ratios help investors to determine whether Templeton 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 Templeton with respect to the benefits of owning Templeton Dragon security.
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