Franklin Mutual Correlations

Mutual Funds . USA . 
Fund . Franklin Mutual European
TEMIX Fund  USD 28.48  0.37  1.28%   
The current 90-days correlation between Franklin Mutual European and Goldman Sachs Small is 0.12 (i.e., Average diversification). The correlation of Franklin Mutual is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Franklin Mutual Correlation With Market

Average diversification

The correlation between Franklin Mutual European and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Franklin Mutual European and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Franklin Mutual European. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Franklin Mutual Fund

  0.88TEBIX Franklin Mutual BeaconPairCorr
  0.9TEDMX Templeton DevelopingPairCorr
  0.87TEDIX Franklin Mutual GlobalPairCorr
  0.87TEDSX Franklin Mutual GlobalPairCorr
  0.87TEDRX Franklin Mutual GlobalPairCorr
  0.91TEFRX Templeton ForeignPairCorr
  0.98TEFTX Templeton ForeignPairCorr
  0.68TEGBX Templeton Global BondPairCorr
  0.91TEGRX Templeton GrowthPairCorr
  0.91TEMFX Templeton ForeignPairCorr
  0.97TEMGX Templeton Global SmallerPairCorr
  0.98TEMEX Franklin Mutual BeaconPairCorr
  0.95TEMMX Templeton EmergingPairCorr
  0.96TEMWX Templeton WorldPairCorr
  0.88TEMTX Franklin Mutual SharesPairCorr
  0.91TEMQX Mutual QuestPairCorr
  0.85SAIFX Clearbridge Large CapPairCorr
  0.93SAGYX Clearbridge AggressivePairCorr
  0.95TEMZX Templeton EmergingPairCorr
  0.95FQEMX Franklin Templeton SmacsPairCorr
  0.91TEQIX Franklin Mutual QuestPairCorr
  0.97TEPLX Templeton GrowthPairCorr
  0.96TWDAX Templeton WorldPairCorr
  0.89TESIX Franklin Mutual SharesPairCorr
  0.96TESGX Templeton Global SmallerPairCorr
  0.89TESRX Franklin Mutual SharesPairCorr
  0.96LGGAX Clearbridge InternationalPairCorr
  1.0TEURX Franklin Mutual EuropeanPairCorr
  0.96LGIEX Qs International EquityPairCorr
  0.95TEWTX Templeton WorldPairCorr
  0.95SAPYX Clearbridge AppreciationPairCorr
  0.93SASMX Clearbridge Small CapPairCorr
  0.88WAADX Western Asset SmashPairCorr
  0.75WAARX Western Asset TotalPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Franklin Mutual Fund performing well and Franklin Mutual Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Franklin Mutual's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY