Franklin Efolio Allocation Fund Market Value
| FTCOX Fund | USD 24.47 0.13 0.53% |
| Symbol | Franklin |
Franklin Efolio '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 Efolio'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 Efolio.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Franklin Efolio on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Efolio Allocation or generate 0.0% return on investment in Franklin Efolio over 30 days. Franklin Efolio is related to or competes with Advent Claymore, Rationalpier, Fidelity Sai, and Calamos Dynamic. The fund is a fund to funds meaning that it seeks to achieve its investment goal by investing its assets in a combinatio... More
Franklin Efolio 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 Efolio'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 Efolio Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6682 | |||
| Information Ratio | 0.0025 | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.01 |
Franklin Efolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Efolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Efolio's standard deviation. In reality, there are many statistical measures that can use Franklin Efolio historical prices to predict the future Franklin Efolio's volatility.| Risk Adjusted Performance | 0.1215 | |||
| Jensen Alpha | 0.0955 | |||
| Total Risk Alpha | 0.009 | |||
| Sortino Ratio | 0.0025 | |||
| Treynor Ratio | 1.32 |
Franklin Efolio Allo Backtested Returns
At this stage we consider Franklin Mutual Fund to be very steady. Franklin Efolio Allo 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-seven technical indicators for Franklin Efolio Allocation, which you can use to evaluate the volatility of the entity. Please confirm Franklin Efolio's Downside Deviation of 0.6682, semi deviation of 0.4933, and Mean Deviation of 0.503 to check if the risk estimate we provide is consistent with the expected return of 0.0741%. The fund shows a Beta (market volatility) of 0.0784, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Efolio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Efolio is expected to be smaller as well.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Franklin Efolio Allocation has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Franklin Efolio time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Efolio Allo price movement. The serial correlation of -0.8 indicates that around 80.0% of current Franklin Efolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Franklin Efolio Allo lagged returns against current returns
Autocorrelation, which is Franklin Efolio 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 Efolio's mutual fund expected returns. We can calculate the autocorrelation of Franklin Efolio returns to help us make a trade decision. For example, suppose you find that Franklin Efolio 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 Efolio 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 Efolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Efolio 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 Efolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Efolio Lagged Returns
When evaluating Franklin Efolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Efolio mutual fund have on its future price. Franklin Efolio 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 Efolio autocorrelation shows the relationship between Franklin Efolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Efolio Allocation.
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 Efolio 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 Efolio security.
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