Franklin Income Fund Technical Analysis
FRIAX Fund | USD 2.42 0.01 0.41% |
As of the 30th of November, Franklin Income shows the Mean Deviation of 0.2227, downside deviation of 0.4329, and Semi Deviation of 0.1421. Franklin Income 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.
Franklin Income 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 Income technical mutual fund 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, fund market cycles, or different charting patterns.
Franklin Income Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Franklin Income Trend Analysis
Use this graph to draw trend lines for Franklin Income Fund. You can use it to identify possible trend reversals for Franklin Income 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 Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Franklin Income Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Franklin Income Fund applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Franklin Income Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Franklin Income price change compared to its average price change.About Franklin Income 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 Income Fund 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 Income Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Franklin Income price pattern first instead of the macroeconomic environment surrounding Franklin Income. By analyzing Franklin Income'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 Income'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 Income specific price patterns or momentum indicators. Please read more on our technical analysis page.
Franklin Income November 30, 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 | 0.067 | |||
Market Risk Adjusted Performance | 0.115 | |||
Mean Deviation | 0.2227 | |||
Semi Deviation | 0.1421 | |||
Downside Deviation | 0.4329 | |||
Coefficient Of Variation | 923.48 | |||
Standard Deviation | 0.2962 | |||
Variance | 0.0877 | |||
Information Ratio | (0.36) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.24) | |||
Treynor Ratio | 0.105 | |||
Maximum Drawdown | 0.8439 | |||
Value At Risk | (0.42) | |||
Potential Upside | 0.4202 | |||
Downside Variance | 0.1874 | |||
Semi Variance | 0.0202 | |||
Expected Short fall | (0.42) | |||
Skewness | (0.10) | |||
Kurtosis | (0.96) |
Franklin Income One Year Return
Based on the recorded statements, Franklin Income Fund has an One Year Return of 16.1066%. This is 197.17% higher than that of the Franklin Templeton Investments family and significantly higher than that of the Allocation--50% to 70% Equity category. The one year return for all United States funds is notably lower than that of the firm.
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.Other Information on Investing in Franklin Mutual Fund
Franklin Income 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 Income security.
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