Franklin Floating (Ireland) Manager Performance Evaluation
| IE0032578035 | USD 6.92 0.00 0.00% |
The fund shows a Beta (market volatility) of 0.0094, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Floating is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Floating Rate are ranked lower than 23 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, Franklin Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Fifty Two Week Low | 8.19 | |
| Fifty Two Week High | 8.54 |
Franklin |
Franklin Floating Relative Risk vs. Return Landscape
If you would invest 679.00 in Franklin Floating Rate on August 30, 2024 and sell it today you would earn a total of 12.00 from holding Franklin Floating Rate or generate 1.77% return on investment over 90 days. Franklin Floating Rate is generating 0.0279% of daily returns and assumes 0.094% volatility on return distribution over the 90 days horizon. Simply put, 0% of funds are less volatile than Franklin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Franklin Floating Current Valuation
Overvalued
Today
Please note that Franklin Floating's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Franklin Floating Rate shows a prevailing Real Value of $6.35 per share. The current price of the fund is $6.92. We determine the value of Franklin Floating Rate from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise taking in undervalued funds and trading overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Since Franklin Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Franklin Fund. However, Franklin Floating'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 6.92 | Real 6.35 | Hype 6.92 |
The real value of Franklin Fund, also known as its intrinsic value, is the underlying worth of Franklin Floating Rate Fund, which is reflected in its stock price. It is based on Franklin Floating's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Franklin Floating'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, or news.
Estimating the potential upside or downside of Franklin Floating Rate helps investors to forecast how Franklin 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 Floating more accurately as focusing exclusively on Franklin Floating's fundamentals will not take into account other important factors: Franklin Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Floating's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Franklin Floating Rate, and traders can use it to determine the average amount a Franklin Floating'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 = 0.2963
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Based on monthly moving average Franklin Floating is performing at about 23% 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 Floating by adding it to a well-diversified portfolio.
Franklin Floating Fundamentals Growth
Franklin Fund prices reflect investors' perceptions of the future prospects and financial health of Franklin Floating, and Franklin Floating 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 Fund performance.
| Price To Book | 19.32 X | |||
| Price To Sales | 0.10 X | |||
About Franklin Floating Performance
By analyzing Franklin Floating's fundamental ratios, stakeholders can gain valuable insights into Franklin Floating's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Franklin Floating 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 Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The Funds investment objective is to provide a high level of current income and preservation of capital by investing up to 100 percent of its net assets in shares of the Franklin Floating Rate Master Series in the Franklin Floating Rate Master Trust . Franklin Floating is traded on Irland Stock Exchange in Ireland.Things to note about Franklin Floating Rate performance evaluation
Checking the ongoing alerts about Franklin Floating for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Franklin Floating Rate 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 about 8.19% of its assets under management (AUM) in cash |
- Analyzing Franklin Floating'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 Floating's stock is overvalued or undervalued compared to its peers.
- Examining Franklin Floating'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 Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Franklin Floating's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Franklin Floating's fund. These opinions can provide insight into Franklin Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Franklin Fund
Franklin Floating financial ratios help investors to determine whether Franklin 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 Floating security.
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