Baron Fintech Fund Market Value
| BFIUX Fund | USD 18.66 0.02 0.11% |
| Symbol | Baron |
Baron Fintech '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 Fintech'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 Fintech.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Baron Fintech on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Baron Fintech or generate 0.0% return on investment in Baron Fintech over 30 days. Baron Fintech is related to or competes with Siit High, Western Asset, Strategic Allocation:, Pace High, and Artisan High. Under normal circumstances, the fund invests at least 80 percent of its net assets in securities of companies that devel... More
Baron Fintech 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 Fintech'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 Fintech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6309 | |||
| Information Ratio | 0.1135 | |||
| Maximum Drawdown | 4.95 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.5 |
Baron Fintech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baron Fintech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baron Fintech's standard deviation. In reality, there are many statistical measures that can use Baron Fintech historical prices to predict the future Baron Fintech's volatility.| Risk Adjusted Performance | 0.2117 | |||
| Jensen Alpha | 0.0994 | |||
| Total Risk Alpha | 0.0823 | |||
| Sortino Ratio | 0.1527 | |||
| Treynor Ratio | 0.2294 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baron Fintech'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 Fintech Backtested Returns
Baron Fintech appears to be very steady, given 3 months investment horizon. Baron Fintech secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the fund had a 0.28% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Baron Fintech, which you can use to evaluate the volatility of the entity. Please makes use of Baron Fintech's Downside Deviation of 0.6309, risk adjusted performance of 0.2117, and Mean Deviation of 0.6304 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. Baron Fintech returns are very sensitive to returns on the market. As the market goes up or down, Baron Fintech is expected to follow.
Auto-correlation | 0.98 |
Excellent predictability
Baron Fintech has excellent predictability. Overlapping area represents the amount of predictability between Baron Fintech time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Fintech price movement. The serial correlation of 0.98 indicates that 98.0% of current Baron Fintech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Baron Fintech lagged returns against current returns
Autocorrelation, which is Baron Fintech 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 Fintech's mutual fund expected returns. We can calculate the autocorrelation of Baron Fintech returns to help us make a trade decision. For example, suppose you find that Baron Fintech 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 Fintech 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 Fintech mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baron Fintech 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 Fintech mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baron Fintech Lagged Returns
When evaluating Baron Fintech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baron Fintech mutual fund have on its future price. Baron Fintech 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 Fintech autocorrelation shows the relationship between Baron Fintech mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baron Fintech.
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 Fintech 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 Fintech security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |