Franklin Rising Dividends Fund Market Value
| FRDPX Fund | USD 101.94 0.22 0.22% |
| Symbol | Franklin |
Franklin Rising '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 Rising'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 Rising.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Franklin Rising on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Rising Dividends or generate 0.0% return on investment in Franklin Rising over 180 days. Franklin Rising is related to or competes with Franklin Mutual, Franklin Growth, Franklin Dynatech, Franklin Strategic, and Franklin Total. The fund invests at least 80 percent of its net assets in investments of companies that have paid consistently rising di... More
Franklin Rising 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 Rising'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 Rising Dividends upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5954 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 0.9924 |
Franklin Rising Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Rising's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Rising's standard deviation. In reality, there are many statistical measures that can use Franklin Rising historical prices to predict the future Franklin Rising's volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.092 |
Franklin Rising Dividends Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Rising Dividends secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Rising Dividends, which you can use to evaluate the volatility of the entity. Please confirm Franklin Rising's Downside Deviation of 0.5954, semi deviation of 0.5109, and Mean Deviation of 0.5142 to check if the risk estimate we provide is consistent with the expected return of 0.0733%. The fund shows a Beta (market volatility) of 0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Rising's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Rising is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Franklin Rising Dividends has good predictability. Overlapping area represents the amount of predictability between Franklin Rising time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Rising Dividends price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Franklin Rising price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 2.15 |
Franklin Rising Dividends lagged returns against current returns
Autocorrelation, which is Franklin Rising 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 Rising's mutual fund expected returns. We can calculate the autocorrelation of Franklin Rising returns to help us make a trade decision. For example, suppose you find that Franklin Rising 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 Rising 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 Rising mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Rising 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 Rising mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Rising Lagged Returns
When evaluating Franklin Rising's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Rising mutual fund have on its future price. Franklin Rising 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 Rising autocorrelation shows the relationship between Franklin Rising mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Rising Dividends.
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 Rising 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 Rising security.
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