Franklin Stock Market Value

BEN
 Stock
  

USD 22.64  0.26  1.14%   

Franklin Resources' market value is the price at which a share of Franklin Resources stock trades on a public exchange. It measures the collective expectations of Franklin Resources investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Franklin Resources and determine expected loss or profit from investing in Franklin Resources over a given investment horizon. Continue to Franklin Resources Correlation, Franklin Resources Volatility and Franklin Resources Alpha and Beta module to complement your research on Franklin Resources.
Symbol


Is Franklin Resources' industry 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.
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 Franklin Resources value 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.

Franklin Resources '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 Resources' stock 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 Resources.
0.00
08/29/2022
No Change 0.00  0.0 
In 30 days
09/28/2022
0.00
If you would invest  0.00  in Franklin Resources on August 29, 2022 and sell it all today you would earn a total of 0.00 from holding Franklin Resources or generate 0.0% return on investment in Franklin Resources over 30 days. Franklin Resources, Inc. is a publicly owned asset management holding company More

Franklin Resources 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 Resources' stock 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 Resources upside and downside potential and time the market with a certain degree of confidence.

Franklin Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Resources' standard deviation. In reality, there are many statistical measures that can use Franklin Resources historical prices to predict the future Franklin Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Franklin Resources' 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. Please use the tools below to analyze the current value of Franklin Resources in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
20.7822.6424.50
Details
Intrinsic
Valuation
LowReal ValueHigh
20.3826.7428.60
Details
Naive
Forecast
LowNext ValueHigh
20.5622.4224.29
Details
7 Analysts
Consensus
LowTarget PriceHigh
30.0037.4345.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Franklin Resources. Your research has to be compared to or analyzed against Franklin Resources' peers to derive any actionable benefits. When done correctly, Franklin Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Franklin Resources.

Franklin Resources Backtested Returns

Franklin Resources secures Sharpe Ratio (or Efficiency) of -0.0157, which denotes the company had -0.0157% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Franklin Resources exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Franklin Resources mean deviation of 1.42 to check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.3186, which means a somewhat significant risk relative to the market. Let's try to break down what Franklin's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Franklin Resources will likely underperform. Even though it is essential to pay attention to Franklin Resources historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Franklin Resources exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Franklin Resources has an expected return of -0.0295%. Please be advised to confirm Franklin Resources value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall to decide if Franklin Resources performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.20  

Weak predictability

Franklin Resources has weak predictability. Overlapping area represents the amount of predictability between Franklin Resources time series from 29th of August 2022 to 13th of September 2022 and 13th of September 2022 to 28th of September 2022. 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 Resources price movement. The serial correlation of 0.2 indicates that over 20.0% of current Franklin Resources price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.22
Residual Average0.0
Price Variance0.5

Franklin Resources lagged returns against current returns

Autocorrelation, which is Franklin Resources stock'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 Resources' stock expected returns. We can calculate the autocorrelation of Franklin Resources returns to help us make a trade decision. For example, suppose you find that Franklin Resources stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Franklin Resources 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 Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Resources stock over time.
   Current vs Lagged Prices   
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       Timeline  

Franklin Resources Lagged Returns

When evaluating Franklin Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Resources stock have on its future price. Franklin Resources 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 Resources autocorrelation shows the relationship between Franklin Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Franklin Resources.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Franklin Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Franklin Resources' short interest history, or implied volatility extrapolated from Franklin Resources options trading.

Pair Trading with Franklin Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Franklin Resources

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The ability to find closely correlated positions to Franklin Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Resources to buy it.
The correlation of Franklin Resources is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Franklin Resources Correlation, Franklin Resources Volatility and Franklin Resources Alpha and Beta module to complement your research on Franklin Resources. Note that the Franklin Resources information on this page should be used as a complementary analysis to other Franklin Resources' 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Franklin Stock analysis

When running Franklin Resources price analysis, check to measure Franklin Resources' 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 Resources is operating at the current time. Most of Franklin Resources' value examination focuses on studying past and present price action to predict the probability of Franklin Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Franklin Resources' price. Additionally, you may evaluate how the addition of Franklin Resources to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of Franklin Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Resources 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...