Franklin Emerging Market Fund Market Value
| FEMDX Fund | USD 12.13 0.01 0.08% |
| Symbol | Franklin |
Franklin Emerging 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Franklin Emerging's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Franklin Emerging.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Franklin Emerging on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Emerging Market or generate 0.0% return on investment in Franklin Emerging over 30 days. Franklin Emerging is related to or competes with California Bond, Multisector Bond, Dws Communications, Transamerica Intermediate, T Rowe, and Alliancebernstein. The fund invests at least 80 percent of its net assets in debt securities of emerging market countries More
Franklin Emerging Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Franklin Emerging's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Franklin Emerging Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2025 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 1.08 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.4205 |
Franklin Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Emerging's standard deviation. In reality, there are many statistical measures that can use Franklin Emerging historical prices to predict the future Franklin Emerging's volatility.| Risk Adjusted Performance | 0.1384 | |||
| Jensen Alpha | 0.037 | |||
| Total Risk Alpha | 0.0116 | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | (1.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Emerging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Emerging Market Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Emerging Market secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the fund had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Emerging Market, which you can use to evaluate the volatility of the entity. Please confirm Franklin Emerging's Downside Deviation of 0.2025, coefficient of variation of 455.06, and Mean Deviation of 0.1511 to check if the risk estimate we provide is consistent with the expected return of 0.046%. The fund shows a Beta (market volatility) of -0.0275, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Emerging are expected to decrease at a much lower rate. During the bear market, Franklin Emerging is likely to outperform the market.
Auto-correlation | 0.05 |
Virtually no predictability
Franklin Emerging Market has virtually no predictability. Overlapping area represents the amount of predictability between Franklin Emerging time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Franklin Emerging Market price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Franklin Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Franklin Emerging Market lagged returns against current returns
Autocorrelation, which is Franklin Emerging mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Franklin Emerging's mutual fund expected returns. We can calculate the autocorrelation of Franklin Emerging returns to help us make a trade decision. For example, suppose you find that Franklin Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Franklin Emerging regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Franklin Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Emerging Lagged Returns
When evaluating Franklin Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Emerging mutual fund have on its future price. Franklin Emerging autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Franklin Emerging autocorrelation shows the relationship between Franklin Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Emerging Market.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Franklin Mutual Fund
Franklin Emerging 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 Emerging security.
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