Baron Opportunity Fund Market Value
| BIOUX Fund | USD 51.89 0.46 0.89% |
| Symbol | Baron |
Baron Opportunity '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 Opportunity'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 Opportunity.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Baron Opportunity on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Baron Opportunity Fund or generate 0.0% return on investment in Baron Opportunity over 30 days. Baron Opportunity is related to or competes with Baron Real, Baron Real, Baron Real, Baron Small, Baron Asset, Baron Durable, and Baron Discovery. The fund invests primarily in equity securities in the form of common stock of U.S More
Baron Opportunity 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 Opportunity'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 Opportunity Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | 0.0791 | |||
| Maximum Drawdown | 5.76 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.01 |
Baron Opportunity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baron Opportunity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baron Opportunity's standard deviation. In reality, there are many statistical measures that can use Baron Opportunity historical prices to predict the future Baron Opportunity's volatility.| Risk Adjusted Performance | 0.1493 | |||
| Jensen Alpha | 0.093 | |||
| Total Risk Alpha | 0.019 | |||
| Sortino Ratio | 0.0667 | |||
| Treynor Ratio | 0.2172 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baron Opportunity'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 Opportunity Backtested Returns
Baron Opportunity appears to be very steady, given 3 months investment horizon. Baron Opportunity secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Baron Opportunity Fund, which you can use to evaluate the volatility of the entity. Please makes use of Baron Opportunity's Mean Deviation of 0.8685, risk adjusted performance of 0.1493, and Downside Deviation of 1.47 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.04, which signifies a somewhat significant risk relative to the market. Baron Opportunity returns are very sensitive to returns on the market. As the market goes up or down, Baron Opportunity is expected to follow.
Auto-correlation | 0.91 |
Excellent predictability
Baron Opportunity Fund has excellent predictability. Overlapping area represents the amount of predictability between Baron Opportunity 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 Opportunity price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Baron Opportunity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Baron Opportunity lagged returns against current returns
Autocorrelation, which is Baron Opportunity 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 Opportunity's mutual fund expected returns. We can calculate the autocorrelation of Baron Opportunity returns to help us make a trade decision. For example, suppose you find that Baron Opportunity 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 Opportunity 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 Opportunity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baron Opportunity 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 Opportunity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baron Opportunity Lagged Returns
When evaluating Baron Opportunity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baron Opportunity mutual fund have on its future price. Baron Opportunity 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 Opportunity autocorrelation shows the relationship between Baron Opportunity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baron Opportunity 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 Opportunity 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 Opportunity security.
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