Franklin Adjustable Government Fund Market Value
| FISAX Fund | USD 7.54 0.01 0.13% |
| Symbol | Franklin |
Franklin Adjustable '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 Adjustable'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 Adjustable.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Franklin Adjustable on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin Adjustable Government or generate 0.0% return on investment in Franklin Adjustable over 510 days. Franklin Adjustable is related to or competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, Franklin Mutual, Templeton Foreign, and Templeton Foreign. The fund normally invests at least 80 percent of its net assets in adjustable-rate U.S More
Franklin Adjustable 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 Adjustable'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 Adjustable Government upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.175 | |||
| Information Ratio | (1.00) | |||
| Maximum Drawdown | 0.7963 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.133 |
Franklin Adjustable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Adjustable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Adjustable's standard deviation. In reality, there are many statistical measures that can use Franklin Adjustable historical prices to predict the future Franklin Adjustable's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 9.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.69) | |||
| Treynor Ratio | 0.0788 |
Franklin Adjustable Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Adjustable secures Sharpe Ratio (or Efficiency) of 0.087, which denotes the fund had a 0.087% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Franklin Adjustable Government, which you can use to evaluate the volatility of the entity. Please confirm Franklin Adjustable's Downside Deviation of 0.175, mean deviation of 0.073, and Coefficient Of Variation of 1483.81 to check if the risk estimate we provide is consistent with the expected return of 0.0106%. The fund shows a Beta (market volatility) of -0.0237, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Adjustable are expected to decrease at a much lower rate. During the bear market, Franklin Adjustable is likely to outperform the market.
Auto-correlation | 0.95 |
Excellent predictability
Franklin Adjustable Government has excellent predictability. Overlapping area represents the amount of predictability between Franklin Adjustable time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Adjustable price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Franklin Adjustable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Franklin Adjustable lagged returns against current returns
Autocorrelation, which is Franklin Adjustable 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 Adjustable's mutual fund expected returns. We can calculate the autocorrelation of Franklin Adjustable returns to help us make a trade decision. For example, suppose you find that Franklin Adjustable 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 Adjustable 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 Adjustable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Adjustable 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 Adjustable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Adjustable Lagged Returns
When evaluating Franklin Adjustable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Adjustable mutual fund have on its future price. Franklin Adjustable 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 Adjustable autocorrelation shows the relationship between Franklin Adjustable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Adjustable Government.
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 Adjustable 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 Adjustable security.
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