Templeton Strained Bond Fund Market Value
| FTCAX Fund | USD 10.39 0.01 0.1% |
| Symbol | Templeton |
Templeton Constrained '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 Templeton Constrained'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 Templeton Constrained.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Templeton Constrained on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Templeton Strained Bond or generate 0.0% return on investment in Templeton Constrained over 720 days. Templeton Constrained is related to or competes with Gabelli Convertible, Virtus Convertible, Rational/pier, Calamos Dynamic, and Advent Claymore. Templeton Constrained is entity of United States More
Templeton Constrained 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 Templeton Constrained'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 Templeton Strained Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.46) | |||
| Maximum Drawdown | 0.2958 | |||
| Potential Upside | 0.0991 |
Templeton Constrained Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Templeton Constrained's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Templeton Constrained's standard deviation. In reality, there are many statistical measures that can use Templeton Constrained historical prices to predict the future Templeton Constrained's volatility.| Risk Adjusted Performance | 0.4315 | |||
| Jensen Alpha | 0.0332 | |||
| Total Risk Alpha | 0.0235 | |||
| Treynor Ratio | (15.70) |
Templeton Strained Bond Backtested Returns
At this stage we consider Templeton Mutual Fund to be very steady. Templeton Strained Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.7, which indicates the fund had a 0.7% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Templeton Strained Bond, which you can use to evaluate the volatility of the fund. Please validate Templeton Constrained's Variance of 0.0036, risk adjusted performance of 0.4315, and Coefficient Of Variation of 139.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0402%. The entity has a beta of -0.0021, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Templeton Constrained are expected to decrease at a much lower rate. During the bear market, Templeton Constrained is likely to outperform the market.
Auto-correlation | 0.99 |
Perfect predictability
Templeton Strained Bond has perfect predictability. Overlapping area represents the amount of predictability between Templeton Constrained time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Templeton Strained Bond price movement. The serial correlation of 0.99 indicates that 99.0% of current Templeton Constrained price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Templeton Strained Bond lagged returns against current returns
Autocorrelation, which is Templeton Constrained 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 Templeton Constrained's mutual fund expected returns. We can calculate the autocorrelation of Templeton Constrained returns to help us make a trade decision. For example, suppose you find that Templeton Constrained 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 |
Templeton Constrained 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 Templeton Constrained mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Templeton Constrained mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Templeton Constrained mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Templeton Constrained Lagged Returns
When evaluating Templeton Constrained's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Templeton Constrained mutual fund have on its future price. Templeton Constrained 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, Templeton Constrained autocorrelation shows the relationship between Templeton Constrained mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Templeton Strained Bond.
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 Templeton Mutual Fund
Templeton Constrained financial ratios help investors to determine whether Templeton 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 Templeton with respect to the benefits of owning Templeton Constrained security.
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