Franklin Mutual Shares Fund Technical Analysis
| TEMTX Fund | USD 24.99 0.12 0.48% |
As of the 16th of April 2024, Franklin Mutual shows the Downside Deviation of 0.7025, semi deviation of 0.6426, and Mean Deviation of 0.4662. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Franklin Mutual, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Franklin Mutual Shares, which can be compared to its peers. Please confirm Franklin Mutual Shares mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Franklin Mutual Shares is priced favorably, providing market reflects its regular price of 24.99 per share.
Franklin Mutual 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 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.
Franklin Mutual Shares Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Mutual Shares volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Franklin Mutual Shares Trend Analysis
Use this graph to draw trend lines for Franklin Mutual Shares. You can use it to identify possible trend reversals for Franklin Mutual 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 Mutual price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Franklin Mutual Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Franklin Mutual Shares applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Franklin Mutual Shares will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24.95, which is the sum of squared deviations for the predicted Franklin Mutual price change compared to its average price change.About Franklin Mutual 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 Mutual Shares 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 Mutual Shares based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Franklin Mutual Shares price pattern first instead of the macroeconomic environment surrounding Franklin Mutual Shares. By analyzing Franklin Mutual'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 Mutual'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 Mutual specific price patterns or momentum indicators. Please read more on our technical analysis page.
Franklin Mutual April 16, 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0277 | |||
| Market Risk Adjusted Performance | 0.0293 | |||
| Mean Deviation | 0.4662 | |||
| Semi Deviation | 0.6426 | |||
| Downside Deviation | 0.7025 | |||
| Coefficient Of Variation | 2225.12 | |||
| Standard Deviation | 0.5969 | |||
| Variance | 0.3563 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0193 | |||
| Maximum Drawdown | 2.77 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 0.8611 | |||
| Downside Variance | 0.4936 | |||
| Semi Variance | 0.4129 | |||
| Expected Short fall | (0.44) | |||
| Skewness | (0.41) | |||
| Kurtosis | 0.0803 |
Franklin Mutual Shares One Year Return
Based on the recorded statements, Franklin Mutual Shares has an One Year Return of 19.3335%. This is 256.71% higher than that of the Franklin Templeton Investments family and significantly higher than that of the Allocation--85%+ 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Franklin Mutual Shares. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.