Franklin Liberty Senior Etf Technical Analysis
FLBL Etf | USD 24.38 0.04 0.16% |
As of the 22nd of November, Franklin Liberty shows the Mean Deviation of 0.0799, downside deviation of 0.122, and Coefficient Of Variation of 285.22. Franklin Liberty Senior technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm Franklin Liberty Senior jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Franklin Liberty Senior is priced favorably, providing market reflects its regular price of 24.38 per share.
Franklin Liberty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Franklin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FranklinFranklin |
Franklin Liberty technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Franklin Liberty Senior Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Franklin Liberty Senior volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Franklin Liberty Senior Trend Analysis
Use this graph to draw trend lines for Franklin Liberty Senior. You can use it to identify possible trend reversals for Franklin Liberty as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Franklin Liberty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Franklin Liberty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Franklin Liberty Senior applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Franklin Liberty Senior will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.69, which is the sum of squared deviations for the predicted Franklin Liberty price change compared to its average price change.About Franklin Liberty Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Franklin Liberty Senior on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Franklin Liberty Senior based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Franklin Liberty Senior price pattern first instead of the macroeconomic environment surrounding Franklin Liberty Senior. By analyzing Franklin Liberty's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Franklin Liberty's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Franklin Liberty specific price patterns or momentum indicators. Please read more on our technical analysis page.
Franklin Liberty November 22, 2024 Technical Indicators
Most technical analysis of Franklin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Franklin from various momentum indicators to cycle indicators. When you analyze Franklin charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2055 | |||
Market Risk Adjusted Performance | 0.9376 | |||
Mean Deviation | 0.0799 | |||
Downside Deviation | 0.122 | |||
Coefficient Of Variation | 285.22 | |||
Standard Deviation | 0.106 | |||
Variance | 0.0112 | |||
Information Ratio | (0.68) | |||
Jensen Alpha | 0.0243 | |||
Total Risk Alpha | 0.0133 | |||
Sortino Ratio | (0.59) | |||
Treynor Ratio | 0.9276 | |||
Maximum Drawdown | 0.5015 | |||
Value At Risk | (0.12) | |||
Potential Upside | 0.2081 | |||
Downside Variance | 0.0149 | |||
Semi Variance | (0.03) | |||
Expected Short fall | (0.1) | |||
Skewness | (0.55) | |||
Kurtosis | 0.8729 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty Senior. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Franklin Liberty Senior is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty'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.