Franklin Resources Stock Price on October 29, 2024
| BEN Stock | USD 20.16 0.68 3.26% |
Below is the normalized historical share price chart for Franklin Resources extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin Resources stands at 20.16, as last reported on the 5th of November, with the highest price reaching 21.58 and the lowest price hitting 19.23 during the day.
If you're considering investing in Franklin Stock, it is important to understand the factors that can impact its price. Franklin Resources secures Sharpe Ratio (or Efficiency) of -0.0212, which denotes the company had a -0.0212% return per unit of standard deviation over the last 3 months. Franklin Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Resources' Mean Deviation of 1.5, standard deviation of 2.23, and Coefficient Of Variation of (2,954) to check the risk estimate we provide.
At this time, Franklin Resources' Total Stockholder Equity is very stable compared to the past year. As of the 5th of November 2024, Common Stock Shares Outstanding is likely to grow to about 542.4 M, though Other Stockholder Equity is likely to grow to (10.6 B). . At this time, Franklin Resources' Price Earnings Ratio is very stable compared to the past year. As of the 5th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 14.38, while Price To Sales Ratio is likely to drop 1.68. Franklin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 23.6013 | 50 Day MA 20.225 | Beta 1.407 |
Franklin |
Sharpe Ratio = -0.0212
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| Negative Returns | BEN |
Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Franklin Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Resources by adding Franklin Resources to a well-diversified portfolio.
Price Book 0.8202 | Enterprise Value Ebitda 15.9641 | Price Sales 1.3207 | Shares Float 310.5 M | Wall Street Target Price 20.56 |
Franklin Resources Main Headline on 29th of October 2024
Western Asset Managed Municipals Fund Inc. Announces Financi... by businesswire.com
Category Financials
Franklin Resources Valuation on October 29, 2024
It is possible to determine the worth of Franklin Resources on a given historical date. On October 29, 2024 Franklin was worth 20.67 at the beginning of the trading date compared to the closed value of 20.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franklin Resources stock. Still, in general, we apply an absolute valuation method to find Franklin Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Franklin Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franklin Resources' related companies.
| Open | High | Low | Close | Volume | |
| 20.54 | 20.95 | 20.53 | 20.78 | 3,709,424 | |
10/29/2024 | 20.67 | 20.96 | 20.62 | 20.83 | 3,858,177 |
| 20.80 | 21.30 | 20.80 | 20.89 | 3,467,522 |
| Backtest Franklin Resources | | | Franklin Resources History | | | Franklin Resources Valuation | Previous | Next |
Franklin Resources Trading Date Momentum on October 29, 2024
| On October 30 2024 Franklin Resources was traded for 20.89 at the closing time. Highest Franklin Resources's price during the trading hours was 21.30 and the lowest price during the day was 20.80 . The net volume was 3.5 M. The overall trading history on the 30th of October contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.29% . The overall trading delta to current price is 1.30% . |
Franklin Resources Fundamentals Correlations and Trends
By evaluating Franklin Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Franklin Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Franklin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Franklin Resources Stock history
Franklin Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Resources stock prices may prove useful in developing a viable investing in Franklin Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 441.7 M | 542.4 M | |
| Net Income Applicable To Common Shares | 971.9 M | 1.4 B |
Franklin Resources Quarterly Net Working Capital |
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Franklin Resources Stock Technical Analysis
Franklin Resources technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Franklin Resources Period Price Range
Low | November 5, 2024
| High |
0.00 | 0.00 |
Franklin Resources cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Franklin Resources November 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Resources shares will generate the highest return on investment. By undertsting and applying Franklin Resources stock market strength indicators, traders can identify Franklin Resources entry and exit signals to maximize returns
Franklin Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Resources' price direction in advance. Along with the technical and fundamental analysis of Franklin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.07) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Resources. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Earnings Share 1.56 | Revenue Per Share 16.418 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0267 |
The market value of Franklin Resources 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 Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' 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 Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' 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 Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' 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.