Franklin Mutual Global Fund Price on November 14, 2024
TEDRX Fund | USD 31.11 0.14 0.45% |
Below is the normalized historical share price chart for Franklin Mutual Global extending back to March 28, 2002. 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 Mutual stands at 31.11, as last reported on the 24th of November, with the highest price reaching 31.11 and the lowest price hitting 31.11 during the day.
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. Franklin Mutual Global secures Sharpe Ratio (or Efficiency) of -0.0167, which denotes the fund had a -0.0167% return per unit of standard deviation over the last 3 months. Franklin Mutual Global exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Mutual's Mean Deviation of 0.5094, downside deviation of 0.6862, and Semi Deviation of 0.6567 to check the risk estimate we provide.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = -0.0167
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Estimated Market Risk
0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Franklin Mutual is not performing at its full potential. However, 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 Mutual by adding Franklin Mutual to a well-diversified portfolio.
Franklin Mutual Valuation on November 14, 2024
It is possible to determine the worth of Franklin Mutual on a given historical date. On November 14, 2024 Franklin was worth 30.79 at the beginning of the trading date compared to the closed value of 30.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Mutual mutual fund. Still, in general, we apply an absolute valuation method to find Franklin Mutual'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 Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Mutual's related companies.
Open | High | Low | Close | Volume | |
30.79 | 30.79 | 30.79 | 30.79 | 1.00 | |
11/14/2024 | 30.79 | 30.79 | 30.79 | 30.79 | 1.00 |
30.84 | 30.84 | 30.84 | 30.84 | 1.00 |
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Franklin Mutual Trading Date Momentum on November 14, 2024
On November 15 2024 Franklin Mutual Global was traded for 30.84 at the closing time. The highest daily price throughout the period was 30.84 and the lowest price was 30.84 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.16% . The overall trading delta to current closing price is 1.04% . |
Franklin Mutual Global Fundamentals Correlations and Trends
By evaluating Franklin Mutual'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 Mutual'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 Mutual Mutual Fund history
Franklin Mutual 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 Mutual Global 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 Mutual stock prices may prove useful in developing a viable investing in Franklin Mutual
The fund invests primarily in equity securities of U.S. and foreign companies that the investment manager believes are available at market prices less than their value based on certain recognized or objective criteria . The equity securities in which the fund invests are primarily common stock. The fund may invest substantially and potentially up to 100 percent of its assets in foreign securities and participations in foreign government debt.
Franklin Mutual Mutual Fund Technical Analysis
Franklin Mutual 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 Mutual Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Franklin Mutual Global 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 Mutual November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Mutual 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 Mutual shares will generate the highest return on investment. By undertsting and applying Franklin Mutual mutual fund market strength indicators, traders can identify Franklin Mutual Global entry and exit signals to maximize returns
Franklin Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Mutual'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 | 0.0086 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.10) | |||
Sortino Ratio | (0.18) | |||
Treynor Ratio | (0) |
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Other Information on Investing in Franklin Mutual Fund
Franklin Mutual 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 Mutual security.
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