Franklin Michigan Tax Free Fund Price History

FRMTX Fund  USD 10.71  0.01  0.09%   
Below is the normalized historical share price chart for Franklin Michigan Tax Free extending back to July 18, 1996. 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 Michigan stands at 10.71, as last reported on the 23rd of November, with the highest price reaching 10.71 and the lowest price hitting 10.71 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Michigan Tax secures Sharpe Ratio (or Efficiency) of 0.0327, which denotes the fund had a 0.0327% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin Michigan Tax Free, which you can use to evaluate the volatility of the entity. Please confirm Franklin Michigan's Mean Deviation of 0.1361, downside deviation of 0.3806, and Semi Deviation of 0.2195 to check if the risk estimate we provide is consistent with the expected return of 0.0076%.
  
FRANKLIN Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0327

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFRMTX

Estimated Market Risk

 0.23
  actual daily
2
98% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Franklin Michigan is performing at about 2% 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 Michigan by adding it to a well-diversified portfolio.

Franklin Michigan Mutual Fund Price History Chart

There are several ways to analyze Franklin Michigan Tax Free Fund price data. The simplest method is using a basic FRANKLIN candlestick price chart, which shows Franklin Michigan 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 PriceOctober 2, 202410.83
Lowest PriceNovember 6, 202410.58

Franklin Michigan November 23, 2024 Mutual Fund Price Synopsis

Various analyses of Franklin Michigan'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 Michigan 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 Michigan Price Rate Of Daily Change 1.00 

Franklin Michigan November 23, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Franklin Michigan Tax Free Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Franklin Michigan intraday prices and daily technical indicators to check the level of noise trading in Franklin Michigan Tax Free Fund and then apply it to test your longer-term investment strategies against FRANKLIN.

FRANKLIN Mutual Fund Price History Data

The price series of Franklin Michigan for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 0.25 with a coefficient of variation of 0.51. Under current investment horizon, the daily prices are spread out with arithmetic mean of 10.71. The median price for the last 90 days is 10.72. The company completed dividends distribution on 30th of September 2021.
OpenHighLowCloseVolume
11/22/2024 10.71  10.71  10.71  10.71  1.00 
11/21/2024 10.71  10.71  10.71  10.71  1.00 
11/20/2024 10.72  10.72  10.72  10.72  1.00 
11/19/2024 10.72  10.72  10.72  10.72  1.00 
11/18/2024 10.70  10.70  10.70  10.70  1.00 
11/15/2024 10.70  10.70  10.70  10.70  1.00 
11/14/2024 10.70  10.70  10.70  10.70  1.00 
11/13/2024 10.69  10.69  10.69  10.69  1.00 
11/12/2024 10.69  10.69  10.69  10.69  1.00 
11/11/2024 10.69  10.69  10.69  10.69  1.00 
11/08/2024 10.68  10.68  10.68  10.68  1.00 
11/07/2024 10.62  10.62  10.62  10.62  1.00 
11/06/2024 10.58  10.58  10.58  10.58  1.00 
11/05/2024 10.69  10.69  10.69  10.69  1.00 
11/04/2024 10.69  10.69  10.69  10.69  1.00 
11/01/2024 10.67  10.67  10.67  10.67  1.00 
10/31/2024 10.67  10.67  10.67  10.67  1.00 
10/30/2024 10.64  10.64  10.64  10.64  1.00 
10/29/2024 10.62  10.62  10.62  10.62  1.00 
10/28/2024 10.65  10.65  10.65  10.65  1.00 
10/25/2024 10.65  10.65  10.65  10.65  1.00 
10/24/2024 10.61  10.61  10.61  10.61  1.00 
10/23/2024 10.61  10.61  10.61  10.61  1.00 
10/22/2024 10.69  10.69  10.69  10.69  1.00 
10/21/2024 10.73  10.73  10.73  10.73  1.00 
10/18/2024 10.75  10.75  10.75  10.75  1.00 
10/17/2024 10.75  10.75  10.75  10.75  1.00 
10/16/2024 10.75  10.75  10.75  10.75  1.00 
10/15/2024 10.74  10.74  10.74  10.74  1.00 
10/14/2024 10.73  10.73  10.73  10.73  1.00 
10/11/2024 10.73  10.73  10.73  10.73  1.00 
10/10/2024 10.74  10.74  10.74  10.74  1.00 
10/09/2024 10.73  10.73  10.73  10.73  1.00 
10/08/2024 10.75  10.75  10.75  10.75  1.00 
10/07/2024 10.77  10.77  10.77  10.77  1.00 
10/04/2024 10.79  10.79  10.79  10.79  1.00 
10/03/2024 10.83  10.83  10.83  10.83  1.00 
10/02/2024 10.83  10.83  10.83  10.83  1.00 
10/01/2024 10.82  10.82  10.82  10.82  1.00 
09/30/2024 10.79  10.79  10.79  10.79  1.00 
09/27/2024 10.77  10.77  10.77  10.77  1.00 
09/26/2024 10.76  10.76  10.76  10.76  1.00 
09/25/2024 10.75  10.75  10.75  10.75  1.00 
09/24/2024 10.74  10.74  10.74  10.74  1.00 
09/23/2024 10.75  10.75  10.75  10.75  1.00 
09/20/2024 10.75  10.75  10.75  10.75  1.00 
09/19/2024 10.75  10.75  10.75  10.75  1.00 
09/18/2024 10.76  10.76  10.76  10.76  1.00 
09/17/2024 10.76  10.76  10.76  10.76  1.00 
09/16/2024 10.75  10.75  10.75  10.75  1.00 
09/13/2024 10.75  10.75  10.75  10.75  1.00 
09/12/2024 10.75  10.75  10.75  10.75  1.00 
09/11/2024 10.75  10.75  10.75  10.75  1.00 
09/10/2024 10.75  10.75  10.75  10.75  1.00 
09/09/2024 10.73  10.73  10.73  10.73  1.00 
09/06/2024 10.72  10.72  10.72  10.72  1.00 
09/05/2024 10.71  10.71  10.71  10.71  1.00 
09/04/2024 10.69  10.69  10.69  10.69  1.00 
09/03/2024 10.68  10.68  10.68  10.68  1.00 
08/30/2024 10.68  10.68  10.68  10.68  1.00 
08/29/2024 10.64  10.64  10.64  10.64  1.00 

About Franklin Michigan Mutual Fund history

Franklin Michigan 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 Michigan Tax 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 Michigan stock prices may prove useful in developing a viable investing in Franklin Michigan
The fund invests at least 80 percent of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.

Franklin Michigan Mutual Fund Technical Analysis

Franklin Michigan 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.
A focus of Franklin Michigan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Michigan trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Franklin Michigan Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Franklin Michigan'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.

Other Information on Investing in FRANKLIN Mutual Fund

Franklin Michigan 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 Michigan security.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Insider Screener
Find insiders across different sectors to evaluate their impact on performance