Franklin Liberty Investment Etf Price on March 31, 2020
| FLCO Etf | USD 20.71 0.04 0.19% |
If you're considering investing in Franklin Etf, it is important to understand the factors that can impact its price. As of today, the current price of Franklin Liberty stands at 20.71, as last reported on the 19th of April, with the highest price reaching 20.74 and the lowest price hitting 20.69 during the day. Franklin Liberty Inv secures Sharpe Ratio (or Efficiency) of -0.0815, which denotes the etf had a -0.0815% return per unit of standard deviation over the last 3 months. Franklin Liberty Investment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Liberty's Mean Deviation of 0.3191, coefficient of variation of (1,227), and Standard Deviation of 0.4084 to check the risk estimate we provide.
Franklin Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Franklin |
Sharpe Ratio = -0.0815
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| Negative Returns | FLCO |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Franklin Liberty is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Liberty by adding Franklin Liberty to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Franklin Liberty Etf history
Franklin Liberty investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Liberty Inv will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Liberty stock prices may prove useful in developing a viable investing in Franklin Liberty
Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade corporate debt securities and investments. Liberty Investment is traded on NYSEARCA Exchange in the United States.
Franklin Liberty Etf Technical Analysis
Franklin Liberty technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Franklin Liberty Period Price Range
Franklin Liberty April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Franklin Liberty etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franklin Liberty shares will generate the highest return on investment. By undertsting and applying Franklin Liberty etf market strength indicators, traders can identify Franklin Liberty Investment entry and exit signals to maximize returns
Franklin Liberty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franklin Liberty's price direction in advance. Along with the technical and fundamental analysis of Franklin Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 1.95 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty Investment. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Franklin Liberty Inv information on this page should be used as a complementary analysis to other Franklin Liberty'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 the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Franklin Liberty Inv 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 Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty's 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 Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty's 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 Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty'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.