Franklin Servative Allocation Fund Market Value
| FTCCX Fund | USD 13.29 0.10 0.76% |
| Symbol | Franklin |
Franklin Conservative '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 Conservative'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 Conservative.
| 05/05/2024 |
| 06/04/2024 |
If you would invest 0.00 in Franklin Conservative on May 5, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Servative Allocation or generate 0.0% return on investment in Franklin Conservative over 30 days. Franklin Conservative is related to or competes with MicroAlgo, Bayview Acquisition, Aeye, Ep Emerging, Knife River, LiCycle Holdings, and SEI Investments. The fund is a fund of funds meaning that it seeks to achieve its investment goal by investing its assets primarily in ot... More
Franklin Conservative 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 Conservative'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 Servative Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5071 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.7764 |
Franklin Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Conservative's standard deviation. In reality, there are many statistical measures that can use Franklin Conservative historical prices to predict the future Franklin Conservative's volatility.| Risk Adjusted Performance | 0.0322 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0312 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Conservative'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 Conservative Backtested Returns
We consider Franklin Conservative very steady. Franklin Conservative secures Sharpe Ratio (or Efficiency) of 0.0336, which denotes the fund had a 0.0336% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Franklin Servative Allocation, which you can use to evaluate the volatility of the entity. Please confirm Franklin Conservative's Semi Deviation of 0.383, downside deviation of 0.5071, and Mean Deviation of 0.3341 to check if the risk estimate we provide is consistent with the expected return of 0.0157%. The fund shows a Beta (market volatility) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, Franklin Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franklin Conservative is expected to be smaller as well.
Auto-correlation | -0.66 |
Very good reverse predictability
Franklin Servative Allocation has very good reverse predictability. Overlapping area represents the amount of predictability between Franklin Conservative time series from 5th of May 2024 to 20th of May 2024 and 20th of May 2024 to 4th of June 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 Conservative price movement. The serial correlation of -0.66 indicates that around 66.0% of current Franklin Conservative price fluctuation can be explain by its past prices.