Baron Asset Fund Market Value
| BARUX Fund | USD 120.72 0.04 0.03% |
| Symbol | Baron |
Baron Asset 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Baron Asset's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Baron Asset.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Baron Asset on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Baron Asset Fund or generate 0.0% return on investment in Baron Asset over 30 days. Baron Asset is related to or competes with Baron Real, Baron Real, Baron Real, Baron Small, Baron Durable, Baron Discovery, and Baron Wealthbuilder. The fund invests for the long term primarily in equity securities in the form of common stock of U.S More
Baron Asset Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Baron Asset's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Baron Asset Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8738 | |||
| Information Ratio | 0.0133 | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.24 |
Baron Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baron Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baron Asset's standard deviation. In reality, there are many statistical measures that can use Baron Asset historical prices to predict the future Baron Asset's volatility.| Risk Adjusted Performance | 0.1321 | |||
| Jensen Alpha | 0.0268 | |||
| Total Risk Alpha | 0.0037 | |||
| Sortino Ratio | 0.0123 | |||
| Treynor Ratio | 0.1497 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baron Asset'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.
Baron Asset Fund Backtested Returns
At this stage we consider Baron Mutual Fund to be very steady. Baron Asset Fund secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Baron Asset Fund, which you can use to evaluate the volatility of the entity. Please confirm Baron Asset's Risk Adjusted Performance of 0.1321, downside deviation of 0.8738, and Mean Deviation of 0.5988 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. Baron Asset returns are very sensitive to returns on the market. As the market goes up or down, Baron Asset is expected to follow.
Auto-correlation | 0.80 |
Very good predictability
Baron Asset Fund has very good predictability. Overlapping area represents the amount of predictability between Baron Asset time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Baron Asset Fund price movement. The serial correlation of 0.8 indicates that around 80.0% of current Baron Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 3.29 |
Baron Asset Fund lagged returns against current returns
Autocorrelation, which is Baron Asset mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Baron Asset's mutual fund expected returns. We can calculate the autocorrelation of Baron Asset returns to help us make a trade decision. For example, suppose you find that Baron Asset has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Baron Asset regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Baron Asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baron Asset mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baron Asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baron Asset Lagged Returns
When evaluating Baron Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baron Asset mutual fund have on its future price. Baron Asset autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Baron Asset autocorrelation shows the relationship between Baron Asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baron Asset Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Baron Mutual Fund
Baron Asset 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 Asset security.
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