Franklin Lifesmart Retirement Fund Market Value
| FLMTX Fund | USD 10.85 0.04 0.37% |
| Symbol | FRANKLIN |
Franklin Lifesmart '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 Lifesmart'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 Lifesmart.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Franklin Lifesmart on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Lifesmart Retirement or generate 0.0% return on investment in Franklin Lifesmart over 30 days. Franklin Lifesmart is related to or competes with Maryland Short-term, Barings Active, Touchstone Ultra, Goldman Sachs, Franklin Federal, Jhancock Short, and Aqr Long-short. The investment manager normally allocates the funds assets among the broad asset classes of equity and fixed-income inve... More
Franklin Lifesmart 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 Lifesmart'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 Lifesmart Retirement upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3166 | |||
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.12 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.4744 |
Franklin Lifesmart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Lifesmart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Lifesmart's standard deviation. In reality, there are many statistical measures that can use Franklin Lifesmart historical prices to predict the future Franklin Lifesmart's volatility.| Risk Adjusted Performance | 0.0811 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.1109 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Lifesmart'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 Lifesmart Backtested Returns
At this stage we consider FRANKLIN Mutual Fund to be very steady. Franklin Lifesmart secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the fund had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Lifesmart Retirement, which you can use to evaluate the volatility of the entity. Please confirm Franklin Lifesmart's Downside Deviation of 0.3166, mean deviation of 0.2228, and Semi Deviation of 0.1999 to check if the risk estimate we provide is consistent with the expected return of 0.0412%. The fund shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Lifesmart's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Lifesmart is expected to be smaller as well.
Auto-correlation | 0.57 |
Modest predictability
Franklin Lifesmart Retirement has modest predictability. Overlapping area represents the amount of predictability between Franklin Lifesmart time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Lifesmart price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Franklin Lifesmart price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Franklin Lifesmart lagged returns against current returns
Autocorrelation, which is Franklin Lifesmart 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 Lifesmart's mutual fund expected returns. We can calculate the autocorrelation of Franklin Lifesmart returns to help us make a trade decision. For example, suppose you find that Franklin Lifesmart 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 Lifesmart 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 Lifesmart mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Lifesmart 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 Lifesmart mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Lifesmart Lagged Returns
When evaluating Franklin Lifesmart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Lifesmart mutual fund have on its future price. Franklin Lifesmart 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 Lifesmart autocorrelation shows the relationship between Franklin Lifesmart mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Lifesmart Retirement.
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 Lifesmart 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 Lifesmart security.
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