Barings Global Floating Fund Market Value
| BXFCX Fund | USD 8.73 0.01 0.11% |
| Symbol | Barings |
Barings Global '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 Barings Global'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 Barings Global.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Barings Global on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Barings Global Floating or generate 0.0% return on investment in Barings Global over 690 days. Barings Global is related to or competes with Barings Active, Barings Emerging, Barings Emerging, Barings Active, Barings Emerging, and Barings Us. The fund invests at least 80 percent of its net assets in income-producing floating rate debt securities, consisting of ... More
Barings Global 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 Barings Global'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 Barings Global Floating upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.75) | |||
| Maximum Drawdown | 0.8113 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.1161 |
Barings Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barings Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barings Global's standard deviation. In reality, there are many statistical measures that can use Barings Global historical prices to predict the future Barings Global's volatility.| Risk Adjusted Performance | 0.1248 | |||
| Jensen Alpha | 0.0228 | |||
| Total Risk Alpha | (0.0007) | |||
| Treynor Ratio | (0.81) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Barings Global'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.
Barings Global Floating Backtested Returns
At this stage we consider Barings Mutual Fund to be very steady. Barings Global Floating secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Barings Global Floating, which you can use to evaluate the volatility of the entity. Please confirm Barings Global's Risk Adjusted Performance of 0.1248, standard deviation of 0.1324, and Mean Deviation of 0.0682 to double-check if the risk estimate we provide is consistent with the expected return of 0.0313%. The fund shows a Beta (market volatility) of -0.0247, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Barings Global are expected to decrease at a much lower rate. During the bear market, Barings Global is likely to outperform the market.
Auto-correlation | 0.94 |
Excellent predictability
Barings Global Floating has excellent predictability. Overlapping area represents the amount of predictability between Barings Global time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Barings Global Floating price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Barings Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Barings Global Floating lagged returns against current returns
Autocorrelation, which is Barings Global 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 Barings Global's mutual fund expected returns. We can calculate the autocorrelation of Barings Global returns to help us make a trade decision. For example, suppose you find that Barings Global 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 |
Barings Global 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 Barings Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barings Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barings Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Barings Global Lagged Returns
When evaluating Barings Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barings Global mutual fund have on its future price. Barings Global 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, Barings Global autocorrelation shows the relationship between Barings Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Barings Global Floating.
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 Barings Mutual Fund
Barings Global financial ratios help investors to determine whether Barings 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 Barings with respect to the benefits of owning Barings Global security.
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