Franklin Government Securities Fund Market Value
| FUSRX Fund | USD 5.04 0.01 0.20% |
| Symbol | Franklin |
Franklin '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'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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Franklin on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Government Securities or generate 0.0% return on investment in Franklin over 30 days. Franklin is related to or competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, Franklin Mutual, Templeton Foreign, and Templeton Foreign. The fund normally invests at least 80 percent of its net assets in U.S More
Franklin 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'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 Government Securities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 1.39 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.3929 |
Franklin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin's standard deviation. In reality, there are many statistical measures that can use Franklin historical prices to predict the future Franklin's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.7488 |
Franklin Government Backtested Returns
Franklin Government secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the fund had a -0.1% return per unit of standard deviation over the last 3 months. Franklin Government Securities exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin's Coefficient Of Variation of (1,204), mean deviation of 0.2414, and Standard Deviation of 0.3168 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0485, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin are expected to decrease at a much lower rate. During the bear market, Franklin is likely to outperform the market.
Auto-correlation | 0.44 |
Average predictability
Franklin Government Securities has average predictability. Overlapping area represents the amount of predictability between Franklin time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Government price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Franklin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Franklin Government lagged returns against current returns
Autocorrelation, which is Franklin 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's mutual fund expected returns. We can calculate the autocorrelation of Franklin returns to help us make a trade decision. For example, suppose you find that Franklin 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 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 fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin 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 fund over time.
Current vs Lagged Prices |
| Timeline |
Franklin Lagged Returns
When evaluating Franklin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin mutual fund have on its future price. Franklin 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 autocorrelation shows the relationship between Franklin mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Government Securities.
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 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 security.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |