Franklin Exponential Data Etf Price on March 20, 2024
XDAT Etf | USD 27.27 0.50 1.87% |
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. As of today, the current price of Franklin Exponential stands at 27.27, as last reported on the 11th of December 2024, with the highest price reaching 27.27 and the lowest price hitting 27.27 during the day. Franklin Exponential appears to be very steady, given 3 months investment horizon. Franklin Exponential Data secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the etf had a 0.24% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Exponential Data, which you can use to evaluate the volatility of the entity. Please utilize Franklin Exponential's Semi Deviation of 0.679, downside deviation of 1.01, and Mean Deviation of 0.8183 to check if our risk estimates are consistent with your expectations.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.2419
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Estimated Market Risk
1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Franklin Exponential is performing at about 19% 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 Exponential by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 130.1 K |
Franklin Exponential Valuation on March 20, 2024
It is possible to determine the worth of Franklin Exponential on a given historical date. On March 20, 2024 Franklin was worth 22.67 at the beginning of the trading date compared to the closed value of 22.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Exponential etf. Still, in general, we apply an absolute valuation method to find Franklin Exponential'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 Exponential where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Exponential's related companies.
Open | High | Low | Close | Volume | |
22.22 | 22.60 | 22.21 | 22.60 | 1,900 | |
03/20/2024 | 22.67 | 22.87 | 22.61 | 22.87 | 1,700 |
23.06 | 23.06 | 22.91 | 22.91 | 600.00 |
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Franklin Exponential Trading Date Momentum on March 20, 2024
On March 21 2024 Franklin Exponential Data was traded for 22.91 at the closing time. The top price for the day was 23.06 and the lowest listed price was 22.91 . The trading volume for the day was 600. The trading history from March 21, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.17% . The overall trading delta against the current closing price is 1.05% . |
Franklin Exponential Data Fundamentals Correlations and Trends
By evaluating Franklin Exponential'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 Exponential'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 Exponential Etf history
Franklin Exponential 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 Exponential Data 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 Exponential stock prices may prove useful in developing a viable investing in Franklin Exponential
Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that are relevant to the funds investment theme of exponential data. Franklin Exponential is traded on BATS Exchange in the United States.
Franklin Exponential Etf Technical Analysis
Franklin Exponential 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 Exponential Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Franklin Exponential Data 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 Exponential December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Exponential 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 Exponential shares will generate the highest return on investment. By undertsting and applying Franklin Exponential etf market strength indicators, traders can identify Franklin Exponential Data entry and exit signals to maximize returns
Franklin Exponential Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Exponential'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 | 0.1913 | |||
Jensen Alpha | 0.1671 | |||
Total Risk Alpha | 0.102 | |||
Sortino Ratio | 0.161 | |||
Treynor Ratio | 0.2892 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Franklin Exponential Data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Franklin Exponential Data 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 Exponential's value that differs from its market value or its book value, called intrinsic value, which is Franklin Exponential'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 Exponential's market value can be influenced by many factors that don't directly affect Franklin Exponential'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 Exponential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Exponential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Exponential'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.