MENU
+Compare
FASRX
Mutual Fund ticker: NASDAQ
AS OF
Dec 3 closing price
Price
$11.90
Change
+$0.03 (+0.25%)
Net Assets
533.23M

FASRX K2 Alternative Strategies R6 Forecast, Technical & Fundamental Analysis

The investment seeks capital appreciation with lower volatility relative to the broad equity markets... Show more

Category: #Trading
Interact to see
Advertisement
A.I.Advisor
published Highlights

Industry description

The investment seeks capital appreciation with lower volatility relative to the broad equity markets. The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or "alternative" strategies, including, but not limited to, some or all of the following strategies: Long Short Equity, Relative Value, Event Driven and Global Macro. It may invest in a wide range of securities and other investments including, but not limited to: equity securities (which may include common stocks, preferred stocks and convertible securities) and debt securities.

Volume

The average weekly volume growth across all stocks in the K2 Alternative Strategies R6 MF was -3%. For the same stocks of the MF, the average monthly volume growth was -21% and the average quarterly volume growth was -29%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 77
P/E Growth Rating: 66
Price Growth Rating: 33
SMR Rating: 51
Profit Risk Rating: 50
Seasonality Score: -26 (-100 ... +100)
View a ticker or compare two or three
Interact to see
Advertisement
A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Multistrategy
Address
Franklin Alternative Strategies FundsOne Franklin ParkwaySan Mateo
Phone
N/A
Web
franklintempleton.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
INVN21.620.19
+0.88%
Alger Russell Innovation ETF
YDEC26.070.09
+0.33%
FT Vest Intl Eq Mod Bffr ETF Dec
BDJ9.13-0.01
-0.11%
BlackRock Enhanced Equity Dividend Trust
TDF11.25-0.02
-0.18%
Templeton Dragon Fund
MYY17.69-0.11
-0.60%
ProShares Short MidCap400

FASRX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FASRX has been loosely correlated with BMBCX. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if FASRX jumps, then BMBCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FASRX
1D Price
Change %
FASRX100%
+0.25%
BMBCX - FASRX
65%
Loosely correlated
-0.10%
BXMIX - FASRX
54%
Loosely correlated
+0.26%
GARUX - FASRX
52%
Loosely correlated
+0.18%
GSGPX - FASRX
51%
Loosely correlated
+0.18%
GRRTX - FASRX
51%
Loosely correlated
+0.20%
More