Franklin Mutual Global Fund Market Value

MDISX Fund  USD 32.53  0.12  0.37%   
Franklin Mutual's market value is the price at which a share of Franklin Mutual trades on a public exchange. It measures the collective expectations of Franklin Mutual Global investors about its performance. Franklin Mutual is trading at 32.53 as of the 29th of March 2024; that is 0.37 percent increase since the beginning of the trading day. The fund's open price was 32.41.
With this module, you can estimate the performance of a buy and hold strategy of Franklin Mutual Global and determine expected loss or profit from investing in Franklin Mutual over a given investment horizon. Check out Franklin Mutual Correlation, Franklin Mutual Volatility and Franklin Mutual Alpha and Beta module to complement your research on Franklin Mutual.
Symbol

Please note, there is a significant difference between Franklin Mutual's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Mutual is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Mutual'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 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.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
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.

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.
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.
Hype
Prediction
LowEstimatedHigh
32.0132.5133.01
Details
Intrinsic
Valuation
LowRealHigh
31.7232.2232.72
Details
Naive
Forecast
LowNextHigh
32.1732.6733.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
30.6931.5932.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Franklin Mutual. Your research has to be compared to or analyzed against Franklin Mutual's peers to derive any actionable benefits. When done correctly, Franklin Mutual's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Franklin Mutual Global.

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 Coefficient0.5
Spearman Rank Test0.35
Residual Average0.0
Price Variance2.2

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  

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Check out Franklin Mutual Correlation, Franklin Mutual Volatility and Franklin Mutual Alpha and Beta module to complement your research on Franklin Mutual.
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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.
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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.
A focus of Franklin Mutual technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Mutual trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...