Franklin Total Return Fund Market Value
| FKBAX Fund | USD 8.34 0.02 0.24% |
| Symbol | Franklin |
Franklin Total '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 Total'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 Total.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Franklin Total on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin Total Return or generate 0.0% return on investment in Franklin Total over 690 days. Franklin Total is related to or competes with Meeder Funds. The fund normally invests primarily in debt securities, which may be represented by derivative investments that provide ... More
Franklin Total 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 Total'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 Total Return upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.33 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.4745 |
Franklin Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Total's standard deviation. In reality, there are many statistical measures that can use Franklin Total historical prices to predict the future Franklin Total's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3864 |
Franklin Total Return Backtested Returns
Franklin Total Return secures Sharpe Ratio (or Efficiency) of -0.0546, which denotes the fund had a -0.0546% return per unit of standard deviation over the last 3 months. Franklin Total Return exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Total's Mean Deviation of 0.221, standard deviation of 0.3012, and Coefficient Of Variation of (2,466) to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0575, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin Total are expected to decrease at a much lower rate. During the bear market, Franklin Total is likely to outperform the market.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Franklin Total Return has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Franklin Total time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Total Return price movement. The serial correlation of -0.74 indicates that around 74.0% of current Franklin Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Franklin Total Return lagged returns against current returns
Autocorrelation, which is Franklin Total 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Franklin Total returns to help us make a trade decision. For example, suppose you find that Franklin Total 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 Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Total 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 Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Total Lagged Returns
When evaluating Franklin Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Total mutual fund have on its future price. Franklin Total 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 Total autocorrelation shows the relationship between Franklin Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Total Return.
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 Total 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 Total security.
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