Baird Municipal Bond Fund Buy Hold or Sell Recommendation

BMQSX Fund  USD 9.98  0.02  0.20%   
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Baird Municipal Bond is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Baird Municipal Bond given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Baird Municipal Bond, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Baird Municipal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Baird and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Baird Municipal Bond. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in state.

Execute Baird Municipal Buy or Sell Advice

The Baird recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Baird Municipal Bond. Macroaxis does not own or have any residual interests in Baird Municipal Bond or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Baird Municipal's advice using the current market data and latest reported fundamentals.

Time Horizon

30  Days

Risk Tolerance

I am an average risk taker
Execute Advice
Sell Baird MunicipalBuy Baird Municipal
JavaScript chart by amCharts 3.21.15
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Baird Municipal Bond has a Mean Deviation of 0.1614, Semi Deviation of 0.2016, Standard Deviation of 0.221, Variance of 0.0488, Downside Variance of 0.0955 and Semi Variance of 0.0406
We provide trade advice to complement the prevailing expert consensus on Baird Municipal Bond. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please makes use of Baird Municipal year to date return and cash position weight to make buy, hold, or sell decision on Baird Municipal Bond.

Baird Municipal Trading Alerts and Improvement Suggestions

Baird Municipal Bond generated a negative expected return over the last 90 days
The fund holds most of the assets under management (AUM) in different types of exotic instruments.

Baird Municipal Returns Distribution Density

The distribution of Baird Municipal's historical returns is an attempt to chart the uncertainty of Baird Municipal's future price movements. The chart of the probability distribution of Baird Municipal daily returns describes the distribution of returns around its average expected value. We use Baird Municipal Bond price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Baird Municipal returns is essential to provide solid investment advice for Baird Municipal.
Mean Return
0.01
Value At Risk
-0.4
Potential Upside
0.31
Standard Deviation
0.22
   Return Density   
JavaScript chart by amCharts 3.21.15-0.32-0.21-0.1-0.0559-0.00860.0360.08550.170.280.39VARUpside 2468
JavaScript chart by amCharts 3.21.15GOOGLE
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Baird Municipal historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Baird Municipal Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Baird Municipal or Baird sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Baird Municipal's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Baird fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0
β
Beta against Dow Jones0.06
σ
Overall volatility
0.22
Ir
Information ratio 0.14

Baird Municipal Volatility Alert

Baird Municipal Bond exhibits very low volatility with skewness of -0.85 and kurtosis of 1.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Baird Municipal's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Baird Municipal's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Baird Municipal Fundamentals Vs Peers

Comparing Baird Municipal's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Baird Municipal's direct or indirect competition across all of the common fundamentals between Baird Municipal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Baird Municipal or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Baird Municipal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Baird Municipal by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Baird Municipal to competition
FundamentalsBaird MunicipalPeer Average
Annual Yield0.0001 %0.29 %
Year To Date Return0.78 %0.39 %
One Year Return3.44 %4.15 %
Three Year Return1.58 %3.60 %
Five Year Return2.34 %3.24 %
Net Asset11.47 M4.11 B
Last Dividend Paid0.010.65
Cash Position Weight1.71 %10.61 %
Bond Positions Weight0.46 %11.24 %

Baird Municipal Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Baird . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Baird Municipal Buy or Sell Advice

When is the right time to buy or sell Baird Municipal Bond? Buying financial instruments such as Baird Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Baird Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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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