Franklin Vertible Securities Fund Manager Performance Evaluation
| FCSZX Fund | USD 24.54 0.13 0.53% |
The fund shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Convertible is expected to be smaller as well.
Risk-Adjusted Performance
28 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Vertible Securities are ranked lower than 28 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Franklin Convertible may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 0.5700 |
Franklin |
Franklin Convertible Relative Risk vs. Return Landscape
If you would invest 2,190 in Franklin Vertible Securities on August 28, 2024 and sell it today you would earn a total of 264.00 from holding Franklin Vertible Securities or generate 12.05% return on investment over 90 days. Franklin Vertible Securities is currently producing 0.1821% returns and takes up 0.499% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Franklin, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Franklin Convertible Current Valuation
Fairly Valued
Today
Please note that Franklin Convertible's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Franklin Convertible shows a prevailing Real Value of $24.06 per share. The current price of the fund is $24.54. We determine the value of Franklin Convertible from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Franklin Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Franklin Mutual Fund. However, Franklin Convertible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 24.54 | Real 24.06 | Hype 24.41 | Naive 24.23 |
The intrinsic value of Franklin Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Franklin Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Franklin Vertible Securities helps investors to forecast how Franklin mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Franklin Convertible more accurately as focusing exclusively on Franklin Convertible's fundamentals will not take into account other important factors: Franklin Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Convertible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Franklin Vertible Securities, and traders can use it to determine the average amount a Franklin Convertible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3648
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FCSZX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.36 actual daily | 28 72% of assets perform better |
Based on monthly moving average Franklin Convertible is performing at about 28% 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 Convertible by adding it to a well-diversified portfolio.
Franklin Convertible Fundamentals Growth
Franklin Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Franklin Convertible, and Franklin Convertible fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Franklin Mutual Fund performance.
| Price To Earning | 15.32 X | ||||
| Price To Book | 2.06 X | ||||
| Price To Sales | 1.72 X | ||||
| Total Asset | 4.86 B | ||||
About Franklin Convertible Performance
Evaluating Franklin Convertible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Franklin Convertible has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Franklin Convertible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets in convertible securities. It may invest up to 100 percent of its assets in securities that are rated below investment grade however, the fund will not invest more than 10 percent of its assets in non-convertible debt securities rated below B. It may invest up to 20 percent of its net assets in other securities, such as common or preferred stocks and non-convertible debt securities.Things to note about Franklin Convertible performance evaluation
Checking the ongoing alerts about Franklin Convertible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Franklin Convertible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Franklin Convertible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Franklin Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Franklin Convertible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Franklin Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Franklin Convertible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Franklin Convertible's mutual fund. These opinions can provide insight into Franklin Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Franklin Mutual Fund
Franklin Convertible 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 Convertible security.
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