Baird Aggregate Bond Fund Probability of Future Mutual Fund Price Finishing Under 9.22
| BAGSX Fund | USD 10.23 0.01 0.1% |
Baird |
Baird Aggregate Target Price Odds to finish below 9.22
The tendency of Baird Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 9.22 or more in 90 days |
| 10.23 | 90 days | 9.22 | near 1 |
Based on a normal probability distribution, the odds of Baird Aggregate to drop to $ 9.22 or more in 90 days from now is near 1 (This Baird Aggregate Bond probability density function shows the probability of Baird Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Baird Aggregate Bond price to stay between $ 9.22 and its current price of $10.23 at the end of the 90-day period is about 25.22 .
Assuming the 90 days horizon Baird Aggregate Bond has a beta of -0.0664 suggesting as returns on the benchmark increase, returns on holding Baird Aggregate are expected to decrease at a much lower rate. During a bear market, however, Baird Aggregate Bond is likely to outperform the market. Additionally Baird Aggregate Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Baird Aggregate Price Density |
| Price |
Predictive Modules for Baird Aggregate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baird Aggregate Bond. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baird Aggregate's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Baird Aggregate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baird Aggregate is not an exception. The market had few large corrections towards the Baird Aggregate's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Baird Aggregate Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baird Aggregate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.48 |
Baird Aggregate Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Baird Aggregate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baird Aggregate Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Baird Aggregate Bond generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Baird Aggregate Bond holds about 10.65% of its assets under management (AUM) in fixed income securities |
Baird Aggregate Technical Analysis
Baird Aggregate's future price can be derived by breaking down and analyzing its technical indicators over time. Baird Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baird Aggregate Bond. In general, you should focus on analyzing Baird Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Baird Aggregate Predictive Forecast Models
Baird Aggregate's time-series forecasting models is one of many Baird Aggregate's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Baird Aggregate's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Baird Aggregate Bond
Checking the ongoing alerts about Baird Aggregate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baird Aggregate Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Baird Aggregate Bond generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| Baird Aggregate Bond holds about 10.65% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Baird Mutual Fund
Baird Aggregate financial ratios help investors to determine whether Baird 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 Baird with respect to the benefits of owning Baird Aggregate security.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |