Franklin Ftse South Etf Market Value

FLKR Etf  USD 23.38  0.03  0.13%   
Franklin FTSE's market value is the price at which a share of Franklin FTSE trades on a public exchange. It measures the collective expectations of Franklin FTSE South investors about its performance. Franklin FTSE is selling at 23.38 as of the 28th of March 2024; that is -0.13 percent down since the beginning of the trading day. The etf's lowest day price was 23.31.
With this module, you can estimate the performance of a buy and hold strategy of Franklin FTSE South and determine expected loss or profit from investing in Franklin FTSE over a given investment horizon. Check out Franklin FTSE Correlation, Franklin FTSE Volatility and Franklin FTSE Alpha and Beta module to complement your research on Franklin FTSE.
Symbol

The market value of Franklin FTSE South 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 FTSE's value that differs from its market value or its book value, called intrinsic value, which is Franklin FTSE'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 FTSE's market value can be influenced by many factors that don't directly affect Franklin FTSE'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 FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin FTSE'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 FTSE '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 FTSE's etf 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 FTSE.
0.00
08/31/2023
No Change 0.00  0.0 
In 6 months and 30 days
03/28/2024
0.00
If you would invest  0.00  in Franklin FTSE on August 31, 2023 and sell it all today you would earn a total of 0.00 from holding Franklin FTSE South or generate 0.0% return on investment in Franklin FTSE over 210 days. Franklin FTSE is related to or competes with IShares MSCI. Under normal market conditions, the fund invests at least 80 percent of its assets in the component securities of the FT... More

Franklin FTSE 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 FTSE's etf 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 FTSE South upside and downside potential and time the market with a certain degree of confidence.

Franklin FTSE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin FTSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin FTSE's standard deviation. In reality, there are many statistical measures that can use Franklin FTSE historical prices to predict the future Franklin FTSE'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 FTSE'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
22.0923.3924.69
Details
Intrinsic
Valuation
LowRealHigh
19.8721.1725.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Franklin FTSE. Your research has to be compared to or analyzed against Franklin FTSE's peers to derive any actionable benefits. When done correctly, Franklin FTSE'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 FTSE South.

Franklin FTSE South Backtested Returns

We consider Franklin FTSE very steady. Franklin FTSE South secures Sharpe Ratio (or Efficiency) of 0.0459, which denotes the etf had a 0.0459% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Franklin FTSE South, which you can use to evaluate the volatility of the entity. Please confirm Franklin FTSE's Mean Deviation of 0.9907, semi deviation of 1.23, and Downside Deviation of 1.41 to check if the risk estimate we provide is consistent with the expected return of 0.0595%. The etf shows a Beta (market volatility) of -0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin FTSE are expected to decrease at a much lower rate. During the bear market, Franklin FTSE is likely to outperform the market.

Auto-correlation

    
  0.50  

Modest predictability

Franklin FTSE South has modest predictability. Overlapping area represents the amount of predictability between Franklin FTSE time series from 31st of August 2023 to 14th of December 2023 and 14th of December 2023 to 28th 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 FTSE South price movement. The serial correlation of 0.5 indicates that about 50.0% of current Franklin FTSE price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.2
Residual Average0.0
Price Variance0.82

Franklin FTSE South lagged returns against current returns

Autocorrelation, which is Franklin FTSE etf'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 FTSE's etf expected returns. We can calculate the autocorrelation of Franklin FTSE returns to help us make a trade decision. For example, suppose you find that Franklin FTSE has exhibited high autocorrelation historically, and you observe that the etf 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 FTSE 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 FTSE etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin FTSE etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin FTSE etf over time.
   Current vs Lagged Prices   
       Timeline  

Franklin FTSE Lagged Returns

When evaluating Franklin FTSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin FTSE etf have on its future price. Franklin FTSE 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 FTSE autocorrelation shows the relationship between Franklin FTSE etf current value and its past values and can show if there is a momentum factor associated with investing in Franklin FTSE South.
   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 Architect
When determining whether Franklin FTSE South is a strong investment it is important to analyze Franklin FTSE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin FTSE's future performance. For an informed investment choice regarding Franklin Etf, refer to the following important reports:
Check out Franklin FTSE Correlation, Franklin FTSE Volatility and Franklin FTSE Alpha and Beta module to complement your research on Franklin FTSE.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Franklin Etf analysis

When running Franklin FTSE's price analysis, check to measure Franklin FTSE'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 FTSE is operating at the current time. Most of Franklin FTSE's value examination focuses on studying past and present price action to predict the probability of Franklin FTSE'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 FTSE's price. Additionally, you may evaluate how the addition of Franklin FTSE to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Global Correlations
Find global opportunities by holding instruments from different markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Bonds Directory
Find actively traded corporate debentures issued by US companies
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Franklin FTSE 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.
A focus of Franklin FTSE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin FTSE 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...