Baron Discovery Mutual Fund Forward View

BDFIX Fund  USD 35.65  0.66  1.82%   
Baron Mutual Fund outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Baron Discovery's share price is approaching 41 suggesting that the mutual fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Baron Discovery, making its price go up or down.

Momentum 41

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Baron Discovery's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Baron Discovery Fund, which may create opportunities for some arbitrage if properly timed.
Using Baron Discovery hype-based prediction, you can estimate the value of Baron Discovery Fund from the perspective of Baron Discovery response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Baron Discovery Fund on the next trading day is expected to be 34.65 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.39.

Baron Discovery after-hype prediction price

    
  USD 35.64  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Baron Discovery to cross-verify your projections.

Baron Discovery Additional Predictive Modules

Most predictive techniques to examine Baron price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Baron using various technical indicators. When you analyze Baron charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A naive forecasting model for Baron Discovery is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Baron Discovery Fund value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Baron Discovery Naive Prediction Price Forecast For the 1st of February

Given 90 days horizon, the Naive Prediction forecasted value of Baron Discovery Fund on the next trading day is expected to be 34.65 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.19, and the sum of the absolute errors of 21.39.
Please note that although there have been many attempts to predict Baron Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Baron Discovery's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Baron Discovery Mutual Fund Forecast Pattern

Backtest Baron Discovery  Baron Discovery Price Prediction  Buy or Sell Advice  

Baron Discovery Forecasted Value

In the context of forecasting Baron Discovery's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Baron Discovery's downside and upside margins for the forecasting period are 33.58 and 35.72, respectively. We have considered Baron Discovery's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
35.65
34.65
Expected Value
35.72
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Baron Discovery mutual fund data series using in forecasting. Note that when a statistical model is used to represent Baron Discovery mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria118.3076
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3451
MAPEMean absolute percentage error0.0096
SAESum of the absolute errors21.3933
This model is not at all useful as a medium-long range forecasting tool of Baron Discovery Fund. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Baron Discovery. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Baron Discovery

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baron Discovery. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
34.5735.6436.71
Details
Intrinsic
Valuation
LowRealHigh
34.6735.7436.81
Details
Bollinger
Band Projection (param)
LowMiddleHigh
35.9037.1238.34
Details

Baron Discovery After-Hype Price Density Analysis

As far as predicting the price of Baron Discovery at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Baron Discovery or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Baron Discovery, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Baron Discovery Estimiated After-Hype Price Volatility

In the context of predicting Baron Discovery's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Baron Discovery's historical news coverage. Baron Discovery's after-hype downside and upside margins for the prediction period are 34.57 and 36.71, respectively. We have considered Baron Discovery's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
35.65
35.64
After-hype Price
36.71
Upside
Baron Discovery is very steady at this time. Analysis and calculation of next after-hype price of Baron Discovery is based on 3 months time horizon.

Baron Discovery Mutual Fund Price Outlook Analysis

Have you ever been surprised when a price of a Mutual Fund such as Baron Discovery is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Baron Discovery backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Baron Discovery, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
1.07
  0.01 
  0.03 
1 Events / Month
2 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
35.65
35.64
0.03 
198.15  
Notes

Baron Discovery Hype Timeline

Baron Discovery is currently traded for 35.65. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -0.03. Baron is forecasted to decline in value after the next headline, with the price expected to drop to 35.64. The average volatility of media hype impact on the company price is about 198.15%. The price reduction on the next news is expected to be -0.03%, whereas the daily expected return is currently at -0.01%. The volatility of related hype on Baron Discovery is about 37.77%, with the expected price after the next announcement by competition of 35.62. The company last dividend was issued on the 26th of November 2019. Assuming the 90 days horizon the next forecasted press release will be very soon.
Check out Historical Fundamental Analysis of Baron Discovery to cross-verify your projections.

Baron Discovery Related Hype Analysis

Having access to credible news sources related to Baron Discovery's direct competition is more important than ever and may enhance your ability to predict Baron Discovery's future price movements. Getting to know how Baron Discovery's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Baron Discovery may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BDFFXBaron Discovery Fund 0.00 0 per month 0.00 (0.09) 1.62 (1.71) 4.54 
VLIFXValue Line Mid(17.32)4 per month 0.00 (0.09) 1.44 (1.14) 3.99 
SDLAXSiit Dynamic Asset 0.05 1 per month 0.47  0.11  1.21 (1.19) 16.91 
BIOPXBaron Opportunity Fund(0.67)1 per month 1.31 (0.04) 2.09 (2.17) 7.42 
BIOIXBaron Opportunity Fund(0.71)1 per month 1.30 (0.04) 2.07 (2.17) 7.42 
ACFOXFocused Dynamic Growth(0.04)1 per month 1.10  0.07  2.20 (2.36) 11.59 
AMGIXIncome Growth Fund(9.58)3 per month 0.24  0.16  1.39 (1.13) 8.67 
BEQGXEquity Growth Fund(0.04)2 per month 0.57  0.12  1.36 (1.28) 13.97 
BIGRXIncome Growth Fund(0.04)8 per month 0.24  0.16  1.38 (1.14) 8.72 
GUTGabelli Utility Closed 0.02 5 per month 0.92 (0.02) 1.18 (0.85) 5.23 

Other Forecasting Options for Baron Discovery

For every potential investor in Baron, whether a beginner or expert, Baron Discovery's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Baron Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Baron. Basic forecasting techniques help filter out the noise by identifying Baron Discovery's price trends.

Baron Discovery Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Baron Discovery mutual fund to make a market-neutral strategy. Peer analysis of Baron Discovery could also be used in its relative valuation, which is a method of valuing Baron Discovery by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Baron Discovery Market Strength Events

Market strength indicators help investors to evaluate how Baron Discovery mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baron Discovery shares will generate the highest return on investment. By undertsting and applying Baron Discovery mutual fund market strength indicators, traders can identify Baron Discovery Fund entry and exit signals to maximize returns.

Baron Discovery Risk Indicators

The analysis of Baron Discovery's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Baron Discovery's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting baron mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Baron Discovery

The number of cover stories for Baron Discovery depends on current market conditions and Baron Discovery's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Baron Discovery is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Baron Discovery's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Baron Mutual Fund

Baron Discovery financial ratios help investors to determine whether Baron Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Baron with respect to the benefits of owning Baron Discovery security.
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