Franklin Canadian Low Etf Market Value
| FLVC Etf | 25.93 0.11 0.42% |
| Symbol | Franklin |
Please note, there is a significant difference between Franklin Canadian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Canadian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Canadian'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 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.
| 07/23/2024 |
| 01/14/2026 |
If you would invest 0.00 in Franklin Canadian on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Canadian Low or generate 0.0% return on investment in Franklin Canadian over 540 days. Franklin Canadian is related to or competes with Franklin Canadian, Franklin Growth, and Franklin ClearBridge. Franklin Canadian is entity of Canada. It is traded as Etf on NEO exchange. More
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 Low upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6957 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.96 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.8631 |
Franklin Canadian Market Risk Indicators
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.| Risk Adjusted Performance | 0.0605 | |||
| Jensen Alpha | 0.0164 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1441 |
Franklin Canadian Low Backtested Returns
At this point, Franklin Canadian is very steady. Franklin Canadian Low secures Sharpe Ratio (or Efficiency) of 0.0795, which denotes the etf had a 0.0795 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Canadian Low, which you can use to evaluate the volatility of the entity. Please confirm Franklin Canadian's Downside Deviation of 0.6957, mean deviation of 0.3778, and Semi Deviation of 0.5351 to check if the risk estimate we provide is consistent with the expected return of 0.0459%. The etf shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Canadian is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Franklin Canadian Low has good predictability. Overlapping area represents the amount of predictability between Franklin Canadian time series from 23rd of July 2024 to 19th of April 2025 and 19th of April 2025 to 14th 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 Low price movement. The serial correlation of 0.67 indicates that around 67.0% of current Franklin Canadian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
Franklin Canadian Low lagged returns against current returns
Autocorrelation, which is Franklin Canadian 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 Canadian's etf expected returns. We can calculate the autocorrelation of Franklin Canadian returns to help us make a trade decision. For example, suppose you find that Franklin Canadian 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 Canadian 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 Canadian etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Canadian etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Canadian etf over time.
Current vs Lagged Prices |
| Timeline |
Franklin Canadian Lagged Returns
When evaluating Franklin Canadian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Canadian etf have on its future price. Franklin Canadian 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 Canadian autocorrelation shows the relationship between Franklin Canadian etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin Canadian Low.
Regressed Prices |
| Timeline |
Other Information on Investing in Franklin Etf
Franklin Canadian financial ratios help investors to determine whether Franklin Etf 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 Canadian security.