Franklin Floating Rate Fund Price History
FDAAX Fund | USD 7.67 0.01 0.13% |
Below is the normalized historical share price chart for Franklin Floating Rate extending back to April 12, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin Floating stands at 7.67, as last reported on the 23rd of January, with the highest price reaching 7.67 and the lowest price hitting 7.67 during the day.
If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Franklin Mutual Fund to be very steady. Franklin Floating Rate secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16 % return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Franklin Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Franklin Floating's Downside Deviation of 0.206, coefficient of variation of 740.38, and Mean Deviation of 0.1092 to check if the risk estimate we provide is consistent with the expected return of 0.0383%.
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = 0.1634
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Negative Returns | FDAAX |
Estimated Market Risk
0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Franklin Floating is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Floating by adding it to a well-diversified portfolio.
Franklin Floating Mutual Fund Price History Chart
There are several ways to analyze Franklin Floating Rate Fund price data. The simplest method is using a basic Franklin candlestick price chart, which shows Franklin Floating price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | January 2, 2025 | 7.67 |
Lowest Price | October 30, 2024 | 7.49 |
Franklin Floating January 23, 2025 Mutual Fund Price Synopsis
Various analyses of Franklin Floating's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Franklin Mutual Fund. It can be used to describe the percentage change in the price of Franklin Floating from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Franklin Mutual Fund.Franklin Floating Price Rate Of Daily Change | 1.00 |
Franklin Floating January 23, 2025 Mutual Fund Price Analysis
Franklin Mutual Fund Price History Data
The price series of Franklin Floating for the period between Fri, Oct 25, 2024 and Thu, Jan 23, 2025 has a statistical range of 0.18 with a coefficient of variation of 0.72. Under current investment horizon, the daily prices are spread out with arithmetic mean of 7.6. The median price for the last 90 days is 7.6. The company completed dividends distribution on 30th of September 2021.Open | High | Low | Close | Volume | ||
01/22/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/21/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/17/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/16/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/15/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/14/2025 | 7.66 | 7.66 | 7.66 | 7.66 | 1.00 | |
01/13/2025 | 7.66 | 7.66 | 7.66 | 7.66 | 1.00 | |
01/10/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/08/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/07/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/06/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
01/03/2025 | 7.66 | 7.66 | 7.66 | 7.66 | 1.00 | |
01/02/2025 | 7.67 | 7.67 | 7.67 | 7.67 | 1.00 | |
12/31/2024 | 7.66 | 7.66 | 7.66 | 7.66 | 1.00 | |
12/30/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
12/27/2024 | 7.61 | 7.61 | 7.61 | 7.61 | 1.00 | |
12/26/2024 | 7.61 | 7.61 | 7.61 | 7.61 | 1.00 | |
12/24/2024 | 7.61 | 7.61 | 7.61 | 7.61 | 1.00 | |
12/23/2024 | 7.61 | 7.61 | 7.61 | 7.61 | 1.00 | |
12/20/2024 | 7.60 | 7.60 | 7.60 | 7.60 | 1.00 | |
12/19/2024 | 7.61 | 7.61 | 7.61 | 7.61 | 1.00 | |
12/18/2024 | 7.62 | 7.62 | 7.62 | 7.62 | 1.00 | |
12/17/2024 | 7.63 | 7.63 | 7.63 | 7.63 | 1.00 | |
12/16/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/13/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/12/2024 | 7.63 | 7.63 | 7.63 | 7.63 | 1.00 | |
12/11/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/10/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/09/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/06/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/05/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/04/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/03/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
12/02/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
11/29/2024 | 7.64 | 7.64 | 7.64 | 7.64 | 1.00 | |
11/27/2024 | 7.58 | 7.58 | 7.58 | 7.58 | 1.00 | |
11/26/2024 | 7.58 | 7.58 | 7.58 | 7.58 | 1.00 | |
11/25/2024 | 7.58 | 7.58 | 7.58 | 7.58 | 1.00 | |
11/22/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/21/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/20/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/19/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/18/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/15/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/14/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/13/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/12/2024 | 7.58 | 7.58 | 7.58 | 7.58 | 1.00 | |
11/11/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/08/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/07/2024 | 7.57 | 7.57 | 7.57 | 7.57 | 1.00 | |
11/06/2024 | 7.56 | 7.56 | 7.56 | 7.56 | 1.00 | |
11/05/2024 | 7.55 | 7.55 | 7.55 | 7.55 | 1.00 | |
11/04/2024 | 7.55 | 7.55 | 7.55 | 7.55 | 1.00 | |
11/01/2024 | 7.55 | 7.55 | 7.55 | 7.55 | 1.00 | |
10/31/2024 | 7.55 | 7.55 | 7.55 | 7.55 | 1.00 | |
10/30/2024 | 7.49 | 7.49 | 7.49 | 7.49 | 1.00 | |
10/29/2024 | 7.50 | 7.50 | 7.50 | 7.50 | 1.00 | |
10/28/2024 | 7.50 | 7.50 | 7.50 | 7.50 | 1.00 | |
10/25/2024 | 7.50 | 7.50 | 7.50 | 7.50 | 1.00 | |
10/24/2024 | 7.51 | 7.51 | 7.51 | 7.51 | 1.00 | |
10/23/2024 | 7.52 | 7.52 | 7.52 | 7.52 | 1.00 |
About Franklin Floating Mutual Fund history
Franklin Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Floating stock prices may prove useful in developing a viable investing in Franklin Floating
The fund normally invests at least 80 percent of its net assets in income-producing floating interest rate corporate loans and corporate debt securities made to or issued by U.S. companies, non-U.S. entities and U.S. subsidiaries of non-U.S. entities. It invests at least 75 percent of its net assets in floating rate investments that are rated B- or higher at the time of purchase by a nationally recognized statistical rating organization or, if unrated, are determined to be of comparable quality by the funds investment manager.
Franklin Floating Mutual Fund Technical Analysis
Franklin Floating technical mutual fund 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, fund market cycles, or different charting patterns.
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Franklin Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Floating's price direction in advance. Along with the technical and fundamental analysis of Franklin Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0862 | |||
Jensen Alpha | 0.021 | |||
Total Risk Alpha | 0.0135 | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.65) |
Cycle Indicators | ||
Math Operators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Franklin Mutual Fund
Franklin Floating 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 Floating security.
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