Franklin Louisiana Tax Free Fund Manager Performance Evaluation
| FQLAX Fund | USD 10.28 0.02 0.19% |
The fund shows a Beta (market volatility) of 0.0447, which means not very significant fluctuations relative to the market. As returns on the market increase, Franklin Louisiana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Louisiana is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin Louisiana Tax Free are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Franklin Louisiana is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of July 2023 | |
| Expense Ratio | 0.9000 |
Franklin |
Franklin Louisiana Relative Risk vs. Return Landscape
If you would invest 1,021 in Franklin Louisiana Tax Free on August 26, 2024 and sell it today you would earn a total of 7.00 from holding Franklin Louisiana Tax Free or generate 0.69% return on investment over 90 days. Franklin Louisiana Tax Free is currently producing 0.0108% returns and takes up 0.2408% 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 Louisiana Current Valuation
Fairly Valued
Today
Please note that Franklin Louisiana's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Franklin Louisiana Tax shows a prevailing Real Value of $10.27 per share. The current price of the fund is $10.28. We determine the value of Franklin Louisiana 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 Louisiana is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Franklin Mutual Fund. However, Franklin Louisiana'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 10.28 | Real 10.27 | Hype 10.28 | Naive 10.28 |
The intrinsic value of Franklin Louisiana'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 Louisiana'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 Louisiana 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 Louisiana more accurately as focusing exclusively on Franklin Louisiana's fundamentals will not take into account other important factors: Franklin Louisiana Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Louisiana's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Franklin Louisiana Tax Free, and traders can use it to determine the average amount a Franklin Louisiana'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 = 0.0448
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| Negative Returns | FQLAX |
Estimated Market Risk
| 0.24 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 | 3 97% of assets perform better |
Based on monthly moving average Franklin Louisiana is performing at about 3% 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 Louisiana by adding it to a well-diversified portfolio.
Franklin Louisiana Fundamentals Growth
Franklin Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Franklin Louisiana, and Franklin Louisiana 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 | 61.83 M | ||||
About Franklin Louisiana Performance
Evaluating Franklin Louisiana's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Franklin Louisiana 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 Louisiana 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 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 Louisiana. The fund also may invest up to 35 percent of its total assets in municipal securities issued by U.S. territories.Things to note about Franklin Louisiana Tax performance evaluation
Checking the ongoing alerts about Franklin Louisiana for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Franklin Louisiana 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 -1.0% | |
| Franklin Louisiana Tax retains most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Franklin Louisiana'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 Louisiana's stock is overvalued or undervalued compared to its peers.
- Examining Franklin Louisiana'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 Louisiana's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Franklin Louisiana's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Franklin Louisiana's mutual fund. These opinions can provide insight into Franklin Louisiana's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Franklin Mutual Fund
Franklin Louisiana 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 Louisiana security.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |