Franklin Mutual Global Fund Market Value
MDISX Fund | USD 32.53 0.12 0.37% |
Symbol | Franklin |
Franklin Mutual 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Franklin Mutual's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Franklin Mutual.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in Franklin Mutual on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Franklin Mutual Global or generate 0.0% return on investment in Franklin Mutual over 720 days. Franklin Mutual is related to or competes with Franklin Mutual, Franklin Mutual, Dodge Cox, Dodge Global, T Rowe, Franklin Mutual, and T Rowe. The fund invests primarily in equity securities of U.S More
Franklin Mutual Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Franklin Mutual's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Franklin Mutual Global upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.5201 | |||
Information Ratio | (0.06) | |||
Maximum Drawdown | 1.96 | |||
Value At Risk | (0.75) | |||
Potential Upside | 0.7541 |
Franklin Mutual Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Mutual's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Mutual's standard deviation. In reality, there are many statistical measures that can use Franklin Mutual historical prices to predict the future Franklin Mutual's volatility.Risk Adjusted Performance | 0.1203 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.1219 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Mutual's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Franklin Mutual Global Backtested Returns
We consider Franklin Mutual very steady. Franklin Mutual Global secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Mutual Global, which you can use to evaluate the volatility of the entity. Please confirm Franklin Mutual's Mean Deviation of 0.3839, semi deviation of 0.3365, and Downside Deviation of 0.5201 to check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 0.79, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Mutual's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Mutual is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
Franklin Mutual Global has modest predictability. Overlapping area represents the amount of predictability between Franklin Mutual time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Franklin Mutual Global price movement. The serial correlation of 0.5 indicates that about 50.0% of current Franklin Mutual price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.5 | |
Spearman Rank Test | 0.35 | |
Residual Average | 0.0 | |
Price Variance | 2.2 |
Franklin Mutual Global lagged returns against current returns
Autocorrelation, which is Franklin Mutual mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Franklin Mutual's mutual fund expected returns. We can calculate the autocorrelation of Franklin Mutual returns to help us make a trade decision. For example, suppose you find that Franklin Mutual has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Franklin Mutual regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Franklin Mutual mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Mutual mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Mutual mutual fund over time.
Current vs Lagged Prices |
Timeline |
Franklin Mutual Lagged Returns
When evaluating Franklin Mutual's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Mutual mutual fund have on its future price. Franklin Mutual autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Franklin Mutual autocorrelation shows the relationship between Franklin Mutual mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Franklin Mutual Global.
Regressed Prices |
Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Franklin Mutual Correlation, Franklin Mutual Volatility and Franklin Mutual Alpha and Beta module to complement your research on Franklin Mutual. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Franklin Mutual Fund analysis
When running Franklin Mutual's price analysis, check to measure Franklin Mutual's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Mutual is operating at the current time. Most of Franklin Mutual's value examination focuses on studying past and present price action to predict the probability of Franklin Mutual's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Mutual's price. Additionally, you may evaluate how the addition of Franklin Mutual to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Franklin Mutual 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.