Franklin International Low Etf Market Value
| LVHI Etf | USD 31.17 0.06 0.19% |
| Symbol | Franklin |
The market value of Franklin International is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin International's value that differs from its market value or its book value, called intrinsic value, which is Franklin International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin International's market value can be influenced by many factors that don't directly affect Franklin International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Franklin International '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 International's etf 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 International.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Franklin International on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin International Low or generate 0.0% return on investment in Franklin International over 30 days. Franklin International is related to or competes with Legg Mason, Xtrackers MSCI, Invesco SP, WisdomTree International, and FlexShares International. The fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, if any, in securiti... More
Franklin International 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 International's etf 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 International Low upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6465 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 2.25 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.8447 |
Franklin International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin International's standard deviation. In reality, there are many statistical measures that can use Franklin International historical prices to predict the future Franklin International's volatility.| Risk Adjusted Performance | 0.0359 | |||
| Jensen Alpha | 0.0322 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | (0.18) |
Franklin International Backtested Returns
Franklin International is very steady at the moment. Franklin International secures Sharpe Ratio (or Efficiency) of 0.0517, which denotes the etf had a 0.0517% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Franklin International Low, which you can use to evaluate the volatility of the entity. Please confirm Franklin International's Downside Deviation of 0.6465, semi deviation of 0.6097, and Mean Deviation of 0.4618 to check if the risk estimate we provide is consistent with the expected return of 0.0287%. The etf shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin International are expected to decrease at a much lower rate. During the bear market, Franklin International is likely to outperform the market.
Auto-correlation | 0.43 |
Average predictability
Franklin International Low has average predictability. Overlapping area represents the amount of predictability between Franklin International time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 International price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Franklin International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Franklin International lagged returns against current returns
Autocorrelation, which is Franklin International etf'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 International's etf expected returns. We can calculate the autocorrelation of Franklin International returns to help us make a trade decision. For example, suppose you find that Franklin International has exhibited high autocorrelation historically, and you observe that the etf 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 International 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 International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin International etf over time.
Current vs Lagged Prices |
| Timeline |
Franklin International Lagged Returns
When evaluating Franklin International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin International etf have on its future price. Franklin International 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 International autocorrelation shows the relationship between Franklin International etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin International Low.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Franklin International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin International Low Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin International Low Etf:Check out Franklin International Correlation, Franklin International Volatility and Franklin International Alpha and Beta module to complement your research on Franklin International. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Franklin International technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.