Bridge Builder Trust Fund Market Value
| BBTSX Fund | 13.47 0.18 1.35% |
| Symbol | Bridge |
Bridge Builder '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 Bridge Builder'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 Bridge Builder.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bridge Builder on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bridge Builder Trust or generate 0.0% return on investment in Bridge Builder over 270 days. Bridge Builder is related to or competes with Bridge Builder, Bridge Builder, Bridge Builder, Bridge Builder, Bridge Builder, Bridge Builder, and Bridge Builder. The fund invests at least 80 percent of its net assets in the securities of small- and mid-capitalization companies and ... More
Bridge Builder 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 Bridge Builder'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 Bridge Builder Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9618 | |||
| Information Ratio | 0.0145 | |||
| Maximum Drawdown | 4.99 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.68 |
Bridge Builder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bridge Builder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bridge Builder's standard deviation. In reality, there are many statistical measures that can use Bridge Builder historical prices to predict the future Bridge Builder's volatility.| Risk Adjusted Performance | 0.1162 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0147 | |||
| Treynor Ratio | 0.1165 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bridge Builder'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.
Bridge Builder Trust Backtested Returns
At this stage we consider Bridge Mutual Fund to be very steady. Bridge Builder Trust secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bridge Builder Trust, which you can use to evaluate the volatility of the entity. Please confirm Bridge Builder's Risk Adjusted Performance of 0.1162, downside deviation of 0.9618, and Mean Deviation of 0.7063 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 1.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bridge Builder will likely underperform.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Bridge Builder Trust has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bridge Builder time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Bridge Builder Trust price movement. The serial correlation of -0.16 indicates that over 16.0% of current Bridge Builder price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Bridge Builder Trust lagged returns against current returns
Autocorrelation, which is Bridge Builder 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 Bridge Builder's mutual fund expected returns. We can calculate the autocorrelation of Bridge Builder returns to help us make a trade decision. For example, suppose you find that Bridge Builder 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 |
Bridge Builder 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 Bridge Builder mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bridge Builder mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bridge Builder mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Bridge Builder Lagged Returns
When evaluating Bridge Builder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bridge Builder mutual fund have on its future price. Bridge Builder 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, Bridge Builder autocorrelation shows the relationship between Bridge Builder mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Bridge Builder Trust.
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 Bridge Mutual Fund
Bridge Builder financial ratios help investors to determine whether Bridge 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 Bridge with respect to the benefits of owning Bridge Builder security.
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