Franklin Federal Tax Free Fund Manager Performance Evaluation

FFQAX Fund  USD 10.82  0.02  0.18%   
The fund shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Franklin Federal are completely uncorrelated.

Risk-Adjusted Performance

Good

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Federal Tax Free are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Franklin Federal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date1st of September 2025
Expense Ratio0.7700
  

Franklin Federal Relative Risk vs. Return Landscape

If you would invest  1,070  in Franklin Federal Tax Free on November 8, 2025 and sell it today you would earn a total of  12.00  from holding Franklin Federal Tax Free or generate 1.12% return on investment over 90 days. Franklin Federal Tax Free is currently producing 0.0184% returns and takes up 0.1222% volatility of returns over 90 trading days. Put another way, 1% 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  
Assuming the 90 days horizon Franklin Federal is expected to generate 5.21 times less return on investment than the market. But when comparing it to its historical volatility, the company is 6.7 times less risky than the market. It trades about 0.15 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

Franklin Federal Current Valuation

Overvalued
Today
10.82
Please note that Franklin Federal's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Franklin Federal Tax shows a prevailing Real Value of $9.94 per share. The current price of the fund is $10.82. We determine the value of Franklin Federal 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 Federal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Franklin Mutual Fund. However, Franklin Federal'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  10.82 Real  9.94 Hype  10.82 Naive  10.84
The intrinsic value of Franklin Federal'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 Federal'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.
9.94
Real Value
11.90
Upside
Estimating the potential upside or downside of Franklin Federal 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 Federal more accurately as focusing exclusively on Franklin Federal's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.6410.7310.83
Details
Hype
Prediction
LowEstimatedHigh
10.7010.8210.94
Details
Naive
Forecast
LowNext ValueHigh
10.7210.8410.96
Details
Below is the normalized historical share price chart for Franklin Federal Tax Free extending back to September 10, 2018. 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 Federal stands at 10.82, as last reported on the 6th of February, with the highest price reaching 10.82 and the lowest price hitting 10.82 during the day.
 
Covid
 
Interest Hikes

Franklin Federal Target Price Odds to finish over Current Price

The tendency of Franklin Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 10.82 90 days 10.82 
near 1
Based on a normal probability distribution, the odds of Franklin Federal to move above the current price in 90 days from now is near 1 (This Franklin Federal Tax Free probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Franklin Federal has the beta coefficient that is very close to zero. This usually indicates the returns on DOW JONES INDUSTRIAL and Franklin Federal do not appear to be sensitive. Additionally It does not look like Franklin Federal's alpha can have any bearing on the current valuation.
   Franklin Federal Price Density   
       Price  

Predictive Modules for Franklin Federal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin Federal Tax. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
10.7010.8210.94
Details
Intrinsic
Valuation
LowRealHigh
9.829.9411.90
Details
Naive
Forecast
LowNextHigh
10.7210.8410.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.6410.7310.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Franklin Federal. Your research has to be compared to or analyzed against Franklin Federal's peers to derive any actionable benefits. When done correctly, Franklin Federal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Franklin Federal Tax.

Franklin Federal Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin Federal is not an exception. The market had few large corrections towards the Franklin Federal's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Franklin Federal Tax Free, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin Federal within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.00
β
Beta against Dow Jones0.00
σ
Overall volatility
0.04
Ir
Information ratio -0.57

Franklin Federal Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Franklin Federal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin Federal Tax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains most of the assets under management (AUM) in different types of exotic instruments.

Franklin Federal Fundamentals Growth

Franklin Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Franklin Federal, and Franklin Federal 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.

About Franklin Federal Performance

Evaluating Franklin Federal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Franklin Federal 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 Federal 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 total assets in investment grade municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20 percent of the funds total assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and in securities that pay taxable interest.

Things to note about Franklin Federal Tax performance evaluation

Checking the ongoing alerts about Franklin Federal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Franklin Federal 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 retains most of the assets under management (AUM) in different types of exotic instruments.
Evaluating Franklin Federal's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Franklin Federal's mutual fund performance include:
  • Analyzing Franklin Federal'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 Federal's stock is overvalued or undervalued compared to its peers.
  • Examining Franklin Federal'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 Federal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Franklin Federal's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Franklin Federal's mutual fund. These opinions can provide insight into Franklin Federal's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Franklin Federal's mutual fund performance is not an exact science, and many factors can impact Franklin Federal's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Franklin Mutual Fund

Franklin Federal 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 Federal security.
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