Franklin Growth Price To Sales vs. Three Year Return
FKGRX Fund | USD 149.14 0.68 0.45% |
For Franklin Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Franklin Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Franklin Growth Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Franklin Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Franklin Growth Fund over time as well as its relative position and ranking within its peers.
Franklin |
Franklin Growth Three Year Return vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Growth's current stock value. Our valuation model uses many indicators to compare Franklin Growth value to that of its competitors to determine the firm's financial worth. Franklin Growth Fund is one of the top funds in price to sales among similar funds. It also is one of the top funds in three year return among similar funds reporting about 2.28 of Three Year Return per Price To Sales. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin Growth's earnings, one of the primary drivers of an investment's value.Franklin Three Year Return vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Franklin Growth |
| = | 2.36 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Franklin Growth |
| = | 5.39 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Franklin Three Year Return Comparison
Franklin Growth is currently under evaluation in three year return among similar funds.
Franklin Growth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Franklin Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Franklin Growth will eventually generate negative long term returns. The profitability progress is the general direction of Franklin Growth's change in net profit over the period of time. It can combine multiple indicators of Franklin Growth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests substantially in the equity securities of companies that are leaders in their industries. Although it normally invests substantially in the equity securities of U.S.-based large and medium market capitalization companies, the fund may invest in companies in new and emerging industries where growth is expected to be above average and may invest up to 25 percent of its assets in smaller companies.
Franklin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Franklin Growth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Franklin Growth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Franklin Growth's important profitability drivers and their relationship over time.
Use Franklin Growth in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Growth will appreciate offsetting losses from the drop in the long position's value.Franklin Growth Pair Trading
Franklin Growth Fund Pair Trading Analysis
The ability to find closely correlated positions to Franklin Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Growth Fund to buy it.
The correlation of Franklin Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Franklin Growth position
In addition to having Franklin Growth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 146 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Allocation ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Franklin Mutual Fund
To fully project Franklin Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Franklin Growth at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Franklin Growth's income statement, its balance sheet, and the statement of cash flows.
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