Baird Municipal Bond Fund Probability of Future Mutual Fund Price Finishing Over 10.05
| BMQIX Fund | USD 10.06 0.02 0.20% |
Baird |
Baird Municipal Target Price Odds to finish over 10.05
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 stay above $ 10.05 in 90 days |
| 10.06 | 90 days | 10.05 | about 21.09 |
Based on a normal probability distribution, the odds of Baird Municipal to stay above $ 10.05 in 90 days from now is about 21.09 (This Baird Municipal 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 Municipal Bond price to stay between $ 10.05 and its current price of $10.06 at the end of the 90-day period is about 5.32 .
Assuming the 90 days horizon Baird Municipal Bond has a beta of -0.0807 suggesting as returns on the benchmark increase, returns on holding Baird Municipal are expected to decrease at a much lower rate. During a bear market, however, Baird Municipal Bond is likely to outperform the market. Additionally Baird Municipal Bond has an alpha of 0.0141, implying that it can generate a 0.0141 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Baird Municipal Price Density |
| Price |
Predictive Modules for Baird Municipal
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 Municipal 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.Baird Municipal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Baird Municipal is not an exception. The market had few large corrections towards the Baird Municipal'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 Municipal Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Baird Municipal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.58 |
Baird Municipal 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 Municipal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Baird Municipal 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.| The fund holds about 97.18% of its assets under management (AUM) in fixed income securities |
Baird Municipal Technical Analysis
Baird Municipal'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 Municipal Bond. In general, you should focus on analyzing Baird Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Baird Municipal Predictive Forecast Models
Baird Municipal's time-series forecasting models is one of many Baird Municipal'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 Municipal'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 Municipal Bond
Checking the ongoing alerts about Baird Municipal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Baird Municipal Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds about 97.18% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Baird Mutual Fund
Baird Municipal 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 Municipal security.
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