Franklin Mutual Fund Quote

FAAAX
 Fund
  

USD 11.01  0.06  0.55%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Franklin is trading at 11.01 as of the 26th of June 2022; that is 0.55 percent increase since the beginning of the trading day. The fund's open price was 10.95. Franklin has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Franklin K2 Alternative are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2022 and ending today, the 26th of June 2022. Click here to learn more.
The investment seeks capital appreciation with lower volatility relative to the broad equity markets. Franklin is traded on NASDAQ Exchange in the United States. More on Franklin K2 Alternative

Moving together with Franklin

0.98VFFSXVanguard 500 Index Low VolatilityPairCorr
0.98VFINXVanguard Index Trust Low VolatilityPairCorr
0.94MSFTMicrosoft Corp Fiscal Year End 26th of July 2022 PairCorr
0.83JPMJP Morgan Chase Financial Report 12th of July 2022 PairCorr

Franklin Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Franklin's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Franklin generated a negative expected return over the last 90 days
Franklin is unlikely to experience financial distress in the next 2 years
The fund retains about 34.82% of its assets under management (AUM) in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Franklin's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Startdate1st of October 2014
Franklin K2 Alternative [FAAAX] is traded in USA and was established 26th of June 2022. The fund is listed under Multistrategy category and is part of Franklin Templeton Investments family. Franklin K2 Alternative currently has accumulated 1.41 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 1.58%.
Check Franklin Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin K2 Alternative Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Franklin K2 Alternative Constituents

Franklin Target Price Odds Analysis

What are Franklin's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Franklin jumping above the current price in 90 days from now is about 86.15%. The Franklin K2 Alternative probability density function shows the probability of Franklin mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Franklin has a beta of 0.2382. This usually indicates as returns on the market go up, Franklin average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin K2 Alternative will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Franklin K2 Alternative is significantly underperforming DOW.
  Odds Below 11.01HorizonTargetOdds Above 11.01
13.57%90 days
 11.01 
86.15%
Based on a normal probability distribution, the odds of Franklin to move above the current price in 90 days from now is about 86.15 (This Franklin K2 Alternative probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) .

Franklin K2 Alternative Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin market risk premium is the additional return an investor will receive from holding Franklin long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin's alpha and beta are two of the key measurements used to evaluate Franklin's performance over the market, the standard measures of volatility play an important role as well.

Franklin Against Markets

Picking the right benchmark for Franklin mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin is critical whether you are bullish or bearish towards Franklin K2 Alternative at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Franklin without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Volatility Now

   

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
All  Next Launch Module

Investing Franklin K2 Alternative

You need to understand the risk of investing before taking a position in Franklin. The danger of trading Franklin K2 Alternative is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin K2 Alternative is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. Note that the Franklin K2 Alternative information on this page should be used as a complementary analysis to other Franklin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Franklin Mutual Fund analysis

When running Franklin K2 Alternative price analysis, check to measure Franklin'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 is operating at the current time. Most of Franklin's value examination focuses on studying past and present price action to predict the probability of Franklin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Franklin's price. Additionally, you may evaluate how the addition of Franklin to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Please note, there is a significant difference between Franklin's value and its price as these two are different measures arrived at by different means. Investors typically determine Franklin value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin'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.