FRANKLIN Mutual Fund Market Value

FTTAX
 Fund
  

USD 12.58  0.01  0.08%   

FRANKLIN LIFESMART's market value is the price at which a share of FRANKLIN LIFESMART stock trades on a public exchange. It measures the collective expectations of FRANKLIN LIFESMART 2045 investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of FRANKLIN LIFESMART 2045 and determine expected loss or profit from investing in FRANKLIN LIFESMART over a given investment horizon. Please check FRANKLIN LIFESMART Correlation, FRANKLIN LIFESMART Volatility and FRANKLIN LIFESMART Alpha and Beta module to complement your research on FRANKLIN LIFESMART.
Symbol

Please note, there is a significant difference between FRANKLIN LIFESMART's value and its price as these two are different measures arrived at by different means. Investors typically determine FRANKLIN LIFESMART value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FRANKLIN LIFESMART'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 LIFESMART '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 LIFESMART'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 LIFESMART.
0.00
11/06/2022
No Change 0.00  0.0 
In 30 days
12/06/2022
0.00
If you would invest  0.00  in FRANKLIN LIFESMART on November 6, 2022 and sell it all today you would earn a total of 0.00 from holding FRANKLIN LIFESMART 2045 or generate 0.0% return on investment in FRANKLIN LIFESMART over 30 days. FRANKLIN LIFESMART is related to or competes with Templeton International, FT Cboe, Pioneer Intrinsic, Pioneer Intrinsic, and GUGGENHEIM RBP. Under normal market conditions, the investment manager allocates the funds assets among the broad asset classes of equit... More

FRANKLIN LIFESMART 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 LIFESMART'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 LIFESMART 2045 upside and downside potential and time the market with a certain degree of confidence.

FRANKLIN LIFESMART Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for FRANKLIN LIFESMART's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FRANKLIN LIFESMART's standard deviation. In reality, there are many statistical measures that can use FRANKLIN LIFESMART historical prices to predict the future FRANKLIN LIFESMART's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of FRANKLIN LIFESMART'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. Please use the tools below to analyze the current value of FRANKLIN LIFESMART in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.2012.5813.96
Details
Intrinsic
Valuation
LowReal ValueHigh
10.7612.1413.52
Details
Naive
Forecast
LowNext ValueHigh
11.2312.6113.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.3512.0812.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FRANKLIN LIFESMART. Your research has to be compared to or analyzed against FRANKLIN LIFESMART's peers to derive any actionable benefits. When done correctly, FRANKLIN LIFESMART's 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 LIFESMART 2045.

FRANKLIN LIFESMART 2045 Backtested Returns

We consider FRANKLIN LIFESMART not too volatile. FRANKLIN LIFESMART 2045 retains Efficiency (Sharpe Ratio) of 0.0601, which denotes the fund had 0.0601% of return per unit of risk over the last 3 months. Our approach towards predicting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for FRANKLIN LIFESMART, which you can use to evaluate the future volatility of the entity. Please confirm FRANKLIN LIFESMART 2045 Coefficient Of Variation of 1774.15, market risk adjusted performance of (6.48), and Downside Deviation of 1.19 to check if the risk estimate we provide is consistent with the expected return of 0.083%.
The fund owns a Beta (Systematic Risk) of -0.0103, which means not very significant fluctuations relative to the market. Let's try to break down what FRANKLIN's beta means in this case. As returns on the market increase, returns on owning FRANKLIN LIFESMART are expected to decrease at a much lower rate. During the bear market, FRANKLIN LIFESMART is likely to outperform the market. Although it is important to respect FRANKLIN LIFESMART 2045 existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The approach towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing FRANKLIN LIFESMART 2045 technical indicators, you can today evaluate if the expected return of 0.083% will be sustainable into the future.

Auto-correlation

    
  0.53  

Modest predictability

FRANKLIN LIFESMART 2045 has modest predictability. Overlapping area represents the amount of predictability between FRANKLIN LIFESMART time series from 6th of November 2022 to 21st of November 2022 and 21st of November 2022 to 6th of December 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 LIFESMART 2045 price movement. The serial correlation of 0.53 indicates that about 53.0% of current FRANKLIN LIFESMART price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test0.38
Residual Average0.0
Price Variance0.03

FRANKLIN LIFESMART 2045 lagged returns against current returns

Autocorrelation, which is FRANKLIN LIFESMART mutual fund'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 LIFESMART's mutual fund expected returns. We can calculate the autocorrelation of FRANKLIN LIFESMART returns to help us make a trade decision. For example, suppose you find that FRANKLIN LIFESMART mutual fund 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   
Share
       Timeline  

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

FRANKLIN LIFESMART Lagged Returns

When evaluating FRANKLIN LIFESMART's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FRANKLIN LIFESMART mutual fund have on its future price. FRANKLIN LIFESMART 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 LIFESMART autocorrelation shows the relationship between FRANKLIN LIFESMART mutual fund current value and its past values and can show if there is a momentum factor associated with investing in FRANKLIN LIFESMART 2045.
   Regressed Prices   
Share
       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 LIFESMART 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 LIFESMART's short interest history, or implied volatility extrapolated from FRANKLIN LIFESMART options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as FRANKLIN LIFESMART 2045 using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check FRANKLIN LIFESMART Correlation, FRANKLIN LIFESMART Volatility and FRANKLIN LIFESMART Alpha and Beta module to complement your research on FRANKLIN LIFESMART. Note that the FRANKLIN LIFESMART 2045 information on this page should be used as a complementary analysis to other FRANKLIN LIFESMART'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for FRANKLIN Mutual Fund analysis

When running FRANKLIN LIFESMART 2045 price analysis, check to measure FRANKLIN LIFESMART'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 LIFESMART is operating at the current time. Most of FRANKLIN LIFESMART's value examination focuses on studying past and present price action to predict the probability of FRANKLIN LIFESMART's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FRANKLIN LIFESMART's price. Additionally, you may evaluate how the addition of FRANKLIN LIFESMART to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
FRANKLIN LIFESMART 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.
A focus of FRANKLIN LIFESMART technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FRANKLIN LIFESMART 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...