Patrick Industries to Participate in Upcoming Baird Conference
BSVIX Fund | USD 17.06 0.04 0.23% |
Slightly above 56% of Baird Smallcap's investor base is looking to short. The analysis of overall sentiment of trading Baird Smallcap Value mutual fund suggests that many investors are alarmed at this time. Baird Smallcap's investing sentiment can be driven by a variety of factors including economic data, Baird Smallcap's earnings reports, geopolitical events, and overall market trends.
Baird |
Patrick Industries, Inc. , a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in Bairds 2024 Global Industrial Conference on November 12, 2024.
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Baird Smallcap Fundamental Analysis
We analyze Baird Smallcap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baird Smallcap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baird Smallcap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Baird Smallcap is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Baird Smallcap Value Potential Pair-trading
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 Baird Smallcap mutual fund to make a market-neutral strategy. Peer analysis of Baird Smallcap could also be used in its relative valuation, which is a method of valuing Baird Smallcap by comparing valuation metrics with similar companies.
Peers
Baird Smallcap Related Equities
VIASP | Via Renewables | 0.77 | ||||
VSMAX | Vanguard Small-cap | 0.51 | ||||
ABHYX | High-yield Municipal | 0.33 | ||||
LBHIX | Thrivent High | 0.24 | ||||
BRRAY | Barloworld | 0.00 | ||||
PASVX | T Rowe | 0.02 | ||||
MSTSX | Morningstar Unconstrained | 0.08 | ||||
444859BR2 | HUMANA | 1.70 |
Other Information on Investing in Baird Mutual Fund
Baird Smallcap 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 Smallcap security.
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