Franklin Arizona Tax Free Fund Manager Performance Evaluation
| FAZRX Fund | USD 9.90 0.01 0.10% |
The fund shows a Beta (market volatility) of 0.0475, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Arizona's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Arizona is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Arizona Tax Free are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Franklin Arizona is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5400 |
Franklin |
Franklin Arizona Relative Risk vs. Return Landscape
If you would invest 984.00 in Franklin Arizona Tax Free on August 25, 2024 and sell it today you would earn a total of 6.00 from holding Franklin Arizona Tax Free or generate 0.61% return on investment over 90 days. Franklin Arizona Tax Free is currently producing 0.0097% returns and takes up 0.2553% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Franklin, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Franklin Arizona Current Valuation
Fairly Valued
Today
Please note that Franklin Arizona's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Franklin Arizona Tax shows a prevailing Real Value of $9.89 per share. The current price of the fund is $9.9. We determine the value of Franklin Arizona Tax from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Franklin Arizona is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Franklin Mutual Fund. However, Franklin Arizona's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.9 | Real 9.89 | Hype 9.9 | Naive 9.93 |
The intrinsic value of Franklin Arizona's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Franklin Arizona's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Franklin Arizona Tax Free helps investors to forecast how Franklin mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Franklin Arizona more accurately as focusing exclusively on Franklin Arizona's fundamentals will not take into account other important factors: Franklin Arizona Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Arizona's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Franklin Arizona Tax Free, and traders can use it to determine the average amount a Franklin Arizona's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0379
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FAZRX |
Estimated Market Risk
| 0.26 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
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Franklin Arizona 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 Arizona by adding it to a well-diversified portfolio.
Franklin Arizona Fundamentals Growth
Franklin Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Franklin Arizona, and Franklin Arizona fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Franklin Mutual Fund performance.
| Total Asset | 875.03 M | ||||
About Franklin Arizona Performance
Evaluating Franklin Arizona's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Franklin Arizona has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Franklin Arizona has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, under normal market conditions, it invests at least 80 percent of its total assets in securities that pay interest free from the personal income taxes, if any, of Arizona.Things to note about Franklin Arizona Tax performance evaluation
Checking the ongoing alerts about Franklin Arizona for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Franklin Arizona Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Franklin Arizona Tax retains most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Franklin Arizona's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Franklin Arizona's stock is overvalued or undervalued compared to its peers.
- Examining Franklin Arizona's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Franklin Arizona's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Franklin Arizona's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Franklin Arizona's mutual fund. These opinions can provide insight into Franklin Arizona's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Franklin Mutual Fund
Franklin Arizona 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 Arizona security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |