Franklin Canadian's market value is the price at which a share of Franklin Canadian trades on a public exchange. It measures the collective expectations of Franklin Canadian Government investors about its performance. Franklin Canadian is selling at 20.81 as of the 31st of January 2026; that is 0.19 percent increase since the beginning of the trading day. The etf's open price was 20.77. With this module, you can estimate the performance of a buy and hold strategy of Franklin Canadian Government and determine expected loss or profit from investing in Franklin Canadian over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment.
Symbol
Franklin
Franklin Canadian '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 Canadian'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 Canadian.
0.00
11/02/2025
No Change 0.00
0.0
In 3 months and 1 day
01/31/2026
0.00
If you would invest 0.00 in Franklin Canadian on November 2, 2025 and sell it all today you would earn a total of 0.00 from holding Franklin Canadian Government or generate 0.0% return on investment in Franklin Canadian over 90 days.
Franklin Canadian 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 Canadian'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 Canadian Government upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Canadian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Canadian's standard deviation. In reality, there are many statistical measures that can use Franklin Canadian historical prices to predict the future Franklin Canadian's volatility.
Franklin Canadian secures Sharpe Ratio (or Efficiency) of -0.045, which denotes the etf had a -0.045 % return per unit of standard deviation over the last 3 months. Franklin Canadian Government exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Canadian's Coefficient Of Variation of (2,883), standard deviation of 0.2622, and Mean Deviation of 0.1288 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.0154, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Canadian are expected to decrease at a much lower rate. During the bear market, Franklin Canadian is likely to outperform the market.
Auto-correlation
-0.26
Weak reverse predictability
Franklin Canadian Government has weak reverse predictability. Overlapping area represents the amount of predictability between Franklin Canadian time series from 2nd of November 2025 to 17th of December 2025 and 17th of December 2025 to 31st of January 2026. 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 Canadian price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Franklin Canadian price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.26
Spearman Rank Test
-0.27
Residual Average
0.0
Price Variance
0.01
Pair Trading with Franklin Canadian
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Canadian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Canadian will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Franklin Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Canadian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Canadian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Canadian Government to buy it.
The correlation of Franklin Canadian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Canadian moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Canadian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.