Franklin Equity Income Fund Volatility
| FREIX Fund | USD 33.02 -0.47 -1.40% |
Recent trading patterns suggest Franklin Equity Income maintains very low price volatility over the last 3 months. Franklin Equity Income indicates a Sharpe ratio of -0.0251, showing negative reward per unit of risk over the last 3 months. The current setup includes 27 technical indicators relevant to risk behavior.
Sharpe Ratio = -0.0251
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FREIX |
Franklin Equity Income's financial profile includes a Market Risk Adjusted Performance of 0.1%, a Risk of 0.67, and a Risk Adjusted Performance of 0.1%. Moving average data indicates Franklin Equity is not operating at maximum efficiency. A well-diversified portfolio allocation can reduce market risk and improve total performance.
Key indicators related to Franklin Equity's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Volatility analysis for Franklin Equity draws on both historical price data and forward-looking implied volatility from the options market. Together these measures provide a comprehensive view of Franklin Equity's risk profile.
Franklin |
Volatility Strategy
Observed trading dispersion in Franklin Equity Income can affect long-term allocation structure. Current statistical measures show total volatility near 0.67% with a beta coefficient of 0.85, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.0251, evaluates return per unit of total risk. An alpha value of 0.2 reflects performance relative to systematic market exposure. Expected return estimates near -0.0167% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to Franklin Equity's market risk premium analysis include:
Beta 0.85 | Alpha 0.2 | Risk 0.67 | Sharpe Ratio -0.03 | Expected Return -0.02 |
Moving together with Franklin Mutual Fund
| 0.83 | PEYAX | Putnam Equity Income | PairCorr |
| 0.76 | TEBIX | Franklin Mutual Beacon | PairCorr |
| 0.83 | TEDMX | Templeton Developing | PairCorr |
| 0.7 | TEDIX | Franklin Mutual Global | PairCorr |
| 0.69 | TEDSX | Franklin Mutual Global | PairCorr |
| 0.7 | TEDRX | Franklin Mutual Global | PairCorr |
| 0.83 | TEFRX | Templeton Foreign | PairCorr |
| 0.73 | TEGBX | Templeton Global Bond | PairCorr |
| 0.83 | TEMFX | Templeton Foreign | PairCorr |
| 0.68 | TEMGX | Templeton Global Smaller | PairCorr |
| 0.75 | TEMEX | Franklin Mutual Beacon | PairCorr |
| 0.76 | TEMMX | Templeton Emerging | PairCorr |
| 0.74 | TEMIX | Franklin Mutual European | PairCorr |
| 0.68 | TEMTX | Franklin Mutual Shares | PairCorr |
| 0.76 | TEMQX | Mutual Quest | PairCorr |
| 0.69 | FQCTX | Franklin Necticut Tax | PairCorr |
| 0.94 | SAIFX | Clearbridge Large Cap | PairCorr |
| 0.76 | TEMZX | Templeton Emerging | PairCorr |
| 0.63 | FQCHX | Franklin Templeton Smacs | PairCorr |
| 0.74 | FQEMX | Franklin Templeton Smacs | PairCorr |
| 0.76 | TEQIX | Franklin Mutual Quest | PairCorr |
| 0.61 | TEPLX | Templeton Growth | PairCorr |
| 0.89 | TWDAX | Templeton World | PairCorr |
| 0.88 | TESIX | Franklin Mutual Shares | PairCorr |
| 0.67 | TESGX | Templeton Global Smaller | PairCorr |
| 0.88 | TESRX | Franklin Mutual Shares | PairCorr |
| 0.66 | LGGAX | Clearbridge International | PairCorr |
Sensitivity To Market
Franklin Equity systematic risk exposure is reflected in a beta value of 0.85. Beta is derived from regression analysis comparing asset and benchmark returns. Measured volatility currently stands near 0.67%.Over the current lookback period, Franklin Equity Income shows a very low volatility profile, using downside deviation (0.79%) as a primary reference. Funds with more equity exposure typically show higher volatility than more bond-heavy funds.
3 Months Beta |Analyze Franklin Equity Income Demand TrendCheck current 90 days Franklin Equity correlation with market (Dow Jones Industrial)Downside Risk
Standard deviation for Franklin expresses the daily price volatility over a selected time horizon as a spread around the mean. High values indicate volatile instruments; low values indicate stable ones.
Standard Deviation | 0.67 |
For Franklin Equity investors, the distinction between upside and downside risk matters. Standard deviation measures total volatility including favorable moves, while downside deviation and semi-deviation isolate the loss risk in Franklin Equity's daily returns. Franklin Equity Income's financial profile includes a Downside Deviation of 0.79, a Downside Variance of 0.62, and a Maximum Drawdown of 11.53.
Mutual Fund Volatility Analysis
Volatility describes the degree to which Franklin Equity mutual fund price fluctuates in either direction. Highly volatile mutual funds like Franklin Equity can offer significant profit opportunities, but also come with heightened risk.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Franklin Equity Income Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming a 90-day horizon Franklin Equity has a beta of 0.851 . This usually indicates Franklin Equity Income market returns are sensitive to returns on the market. As the market goes up or down, Franklin Equity is expected to follow.Systematic risk links Franklin Equity to overall mutual fund market cycles, while unsystematic risk stems from company or sector-specific developments. Diversification addresses the latter, but macro sensitivity persists. Beta measures relative responsiveness. Franklin Equity Income's financial profile includes a Downside Deviation of 0.79, a Mean Deviation of 0.64, and a Semi Deviation of 0.65.
Predicted Return Density |
| Returns |
What Drives Franklin Equity's Price Volatility?
Several factors can influence Franklin Equity's market volatility:Industry Dynamics
Sector-level events can directly affect Franklin Equity's price stability. Regulatory changes, supply disruptions, or shifts in demand within Franklin Equity's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like Franklin Equity.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for Franklin Equity's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward Franklin Equity. During periods of economic expansion, Franklin Equity's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.Franklin Equity's Company-Specific Factors
Volatility can also stem from events unique to Franklin Equity. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in Franklin Equity's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on Franklin Equity's share price.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of Franklin Equity is -3986.11. The daily returns are distributed with a variance of 0.45 and standard deviation of 0.67. The mean deviation of Franklin Equity Income is currently at 0.51. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | 0.15 |
Mutual Fund Return Volatility
Franklin Equity historical daily return volatility represents how much of Franklin Equity fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund reported 0.6671% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8181% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Franklin Mutual Fund performing well and Franklin Equity Mutual Fund doing well as a business compared to the competition. Risk-adjusted metrics allow investors to compare Franklin Equity's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VESDX | 0.06 | -0.01 | 0.69 | 0.86 | 0.03 | 0.10 | 0.60 | |||
| SWSFX | 0.03 | 0.00 | 0.89 | -0.27 | 0.00 | 0.10 | 0.58 | |||
| LTEFX | 0.08 | 0.00 | 0.41 | -0.16 | 0.09 | 0.19 | 0.70 | |||
| QLENX | 0.36 | -0.02 | 0.00 | -0.17 | 0.00 | 0.74 | 2.30 | |||
| RSDIX | 0.11 | -0.05 | 0.00 | 0.64 | 0.00 | 0.11 | 1.57 | |||
| BXDCX | 0.06 | -0.01 | 0.58 | 3.78 | 0.06 | 0.11 | 0.53 | |||
| GTLSX | 0.37 | 0.05 | 0.27 | 0.11 | 0.38 | 0.91 | 2.24 |
Risk Metrics, Assumptions & Methodology
Volatility for Franklin Equity reflects NAV dispersion and exposure stability across disclosure periods. Range expansion increases sensitivity to market stress conditions.
Inputs for Franklin Equity Income come from fund disclosures and market reference feeds and are mapped into a consistent schema for analysis. Some fields can appear with publication lag. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Michael Smolkin - Member of Macroaxis Board of DirectorsFranklin Equity Investment Opportunity
Recent data suggests that Dow Jones Industrial is meaningfully more volatile than Franklin Equity Income, by roughly a 1.22x factor. The lower-risk profile may improve diversification efficiency, but it still needs to be judged against return quality and market sensitivity.You can use Franklin Equity Income to protect your portfolios against small market fluctuations. This directional read frames the latest price swing through a simple momentum and follow-through lens. It is most useful when combined with broader risk controls and position-sizing discipline. a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Franklin Equity to be traded at $32.03 in 90 days.Very weak diversification
Across the chosen horizon, FREIX and DJI show a correlation of 0.51 and fall into the Very weak diversification bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
Franklin Equity Additional Risk Indicators
A broader risk-indicator set for Franklin Equity Income can improve buy, hold, hedge, and sell decisions by adding context beyond the most common measures. A disciplined risk review provides context for deciding whether exposure should be maintained, reduced, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | 0.0754 | |||
| Market Risk Adjusted Performance | 0.142 | |||
| Mean Deviation | 0.6433 | |||
| Semi Deviation | 0.6488 | |||
| Downside Deviation | 0.79 | |||
| Coefficient Of Variation | 1127.14 | |||
| Standard Deviation | 1.38 |
Franklin Equity Suggested Diversification Pairs
Pair trading with Franklin Equity can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. Used properly, pair trading is less about prediction in isolation and more about identifying relative mispricing between related positions.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Franklin Equity as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Franklin Equity's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Franklin Equity's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Franklin Equity Income.