Franklin Responsibly Sourced Etf Performance
| FGDL Etf | 35.25 0.02 0.06% |
The etf shows a Beta (market volatility) of -0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Responsibly are expected to decrease at a much lower rate. During the bear market, Franklin Responsibly is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Responsibly Sourced are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent fundamental indicators, Franklin Responsibly is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
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Franklin Responsibly Relative Risk vs. Return Landscape
If you would invest 3,355 in Franklin Responsibly Sourced on August 28, 2024 and sell it today you would earn a total of 170.00 from holding Franklin Responsibly Sourced or generate 5.07% return on investment over 90 days. Franklin Responsibly Sourced is currently generating 0.0823% in daily expected returns and assumes 1.0132% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Franklin, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Franklin Responsibly Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Responsibly's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Franklin Responsibly Sourced, and traders can use it to determine the average amount a Franklin Responsibly'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 = 0.0813
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Franklin Responsibly 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 Responsibly by adding it to a well-diversified portfolio.
About Franklin Responsibly Performance
By examining Franklin Responsibly's fundamental ratios, stakeholders can obtain critical insights into Franklin Responsibly's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Franklin Responsibly is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Franklin Responsibly is entity of United States. It is traded as Etf on NYSE ARCA exchange.