Franklin Necticut One Year Return vs. Cash Position Weight

FQCTX Fund  USD 8.73  0.06  0.69%   
Based on Franklin Necticut's profitability indicators, Franklin Necticut Tax Free may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in May. Profitability indicators assess Franklin Necticut's ability to earn profits and add value for shareholders.
For Franklin Necticut profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Franklin Necticut to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Franklin Necticut Tax Free utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Franklin Necticut's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Franklin Necticut Tax Free over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities.
Please note, there is a significant difference between Franklin Necticut's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Necticut is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Necticut's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Franklin Necticut Tax Cash Position Weight vs. One Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Franklin Necticut's current stock value. Our valuation model uses many indicators to compare Franklin Necticut value to that of its competitors to determine the firm's financial worth.
Franklin Necticut Tax Free is rated # 4 fund in one year return among similar funds. It is rated # 3 fund in cash position weight among similar funds . 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 Necticut's earnings, one of the primary drivers of an investment's value.

Franklin Cash Position Weight vs. One Year Return

One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Franklin Necticut

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
(0.95) %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Franklin Necticut

Cash Percentage

 = 

% of Cash

in the fund

 = 
0.77 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.

Franklin Cash Position Weight Comparison

Franklin Necticut is currently under evaluation in cash position weight among similar funds.

Franklin Necticut Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Franklin Necticut, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Franklin Necticut will eventually generate negative long term returns. The profitability progress is the general direction of Franklin Necticut's change in net profit over the period of time. It can combine multiple indicators of Franklin Necticut, 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 at least 80 percent of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Franklin Connecticut is traded on NASDAQ Exchange in the United States.

Franklin Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Franklin Necticut. 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 Necticut 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 Necticut's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Franklin Necticut without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Bonds Directory Now

   

Bonds Directory

Find actively traded corporate debentures issued by US companies
All  Next Launch Module

Use Investing Themes to Complement your Franklin Necticut position

In addition to having Franklin Necticut 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 Consumer Staples ETFs Thematic Idea Now

Consumer Staples ETFs
Consumer Staples ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Consumer Staples ETFs theme has 13 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 Consumer Staples ETFs Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Franklin Mutual Fund

To fully project Franklin Necticut's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Franklin Necticut Tax 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 Necticut's income statement, its balance sheet, and the statement of cash flows.
Potential Franklin Necticut investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Franklin Necticut investors may work on each financial statement separately, they are all related. The changes in Franklin Necticut's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Franklin Necticut's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals