Franklin Mutual Beacon Fund Market Value
| FMBRX Fund | USD 17.78 0.07 0.40% |
| Symbol | Franklin |
Franklin Mutual '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 Mutual'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 Mutual.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Franklin Mutual on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Franklin Mutual Beacon or generate 0.0% return on investment in Franklin Mutual over 720 days. Franklin Mutual is related to or competes with Omni Small-cap, Commonwealth Global, Auer Growth, Eic Value, Volumetric Fund, T Rowe, and Qs Growth. The fund invests primarily in equity securities of U.S More
Franklin Mutual 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 Mutual'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 Mutual Beacon upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6477 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.87 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.826 |
Franklin Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Mutual's standard deviation. In reality, there are many statistical measures that can use Franklin Mutual historical prices to predict the future Franklin Mutual's volatility.| Risk Adjusted Performance | 0.0423 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.0401 |
Franklin Mutual Beacon Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Mutual Beacon secures Sharpe Ratio (or Efficiency) of 0.0812, which denotes the fund had a 0.0812% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Mutual Beacon, which you can use to evaluate the volatility of the entity. Please confirm Franklin Mutual's Semi Deviation of 0.5735, mean deviation of 0.4898, and Downside Deviation of 0.6477 to check if the risk estimate we provide is consistent with the expected return of 0.0471%. The fund shows a Beta (market volatility) of 0.63, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Mutual's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Mutual is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
Franklin Mutual Beacon has very weak predictability. Overlapping area represents the amount of predictability between Franklin Mutual time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Mutual Beacon price movement. The serial correlation of 0.18 indicates that over 18.0% of current Franklin Mutual price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Franklin Mutual Beacon lagged returns against current returns
Autocorrelation, which is Franklin Mutual 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 Mutual's mutual fund expected returns. We can calculate the autocorrelation of Franklin Mutual returns to help us make a trade decision. For example, suppose you find that Franklin Mutual 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 Mutual 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 Mutual mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Mutual 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 Mutual mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Mutual Lagged Returns
When evaluating Franklin Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Mutual mutual fund have on its future price. Franklin Mutual 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 Mutual autocorrelation shows the relationship between Franklin Mutual mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Mutual Beacon.
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 Mutual 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 Mutual security.
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