Franklin Focused Growth Etf Market Value
| FFOG Etf | 41.72 0.27 0.65% |
| Symbol | Franklin |
The market value of Franklin Focused Growth 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 Focused's value that differs from its market value or its book value, called intrinsic value, which is Franklin Focused'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 Focused's market value can be influenced by many factors that don't directly affect Franklin Focused'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 Focused's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Focused is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Focused'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.
Franklin Focused '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 Focused's etf 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 Focused.
| 02/18/2023 |
| 02/07/2025 |
If you would invest 0.00 in Franklin Focused on February 18, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin Focused Growth or generate 0.0% return on investment in Franklin Focused over 720 days. Franklin Focused is related to or competes with Davis Select, Tidal ETF, Principal Value, WisdomTree Emerging, Ballast SmallMid, Vanguard Minimum, and Vanguard Value. More
Franklin Focused 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 Focused's etf 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 Focused Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.08 |
Franklin Focused Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Focused's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Focused's standard deviation. In reality, there are many statistical measures that can use Franklin Focused historical prices to predict the future Franklin Focused's volatility.| Risk Adjusted Performance | 0.0544 | |||
| Jensen Alpha | 0.0395 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1977 |
Franklin Focused Growth Backtested Returns
At this point, Franklin Focused is very steady. Franklin Focused Growth secures Sharpe Ratio (or Efficiency) of 0.0635, which denotes the etf had a 0.0635 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Focused Growth, which you can use to evaluate the volatility of the entity. Please confirm Franklin Focused's Mean Deviation of 1.01, semi deviation of 1.3, and Downside Deviation of 1.36 to check if the risk estimate we provide is consistent with the expected return of 0.0849%. The etf shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Focused's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Focused is expected to be smaller as well.
Auto-correlation | 0.16 |
Very weak predictability
Franklin Focused Growth has very weak predictability. Overlapping area represents the amount of predictability between Franklin Focused time series from 18th of February 2023 to 13th of February 2024 and 13th of February 2024 to 7th of February 2025. 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 Focused Growth price movement. The serial correlation of 0.16 indicates that over 16.0% of current Franklin Focused price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Franklin Focused Growth lagged returns against current returns
Autocorrelation, which is Franklin Focused etf'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 Focused's etf expected returns. We can calculate the autocorrelation of Franklin Focused returns to help us make a trade decision. For example, suppose you find that Franklin Focused has exhibited high autocorrelation historically, and you observe that the etf 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 Focused 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 Focused etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Focused etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Focused etf over time.
Current vs Lagged Prices |
| Timeline |
Franklin Focused Lagged Returns
When evaluating Franklin Focused's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Focused etf have on its future price. Franklin Focused 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 Focused autocorrelation shows the relationship between Franklin Focused etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin Focused Growth.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Franklin Focused Growth is a strong investment it is important to analyze Franklin Focused's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Focused's future performance. For an informed investment choice regarding Franklin Etf, refer to the following important reports:Check out Franklin Focused Correlation, Franklin Focused Volatility and Franklin Focused Alpha and Beta module to complement your research on Franklin Focused. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Franklin Focused 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.