Barings High Yield Fund Market Value
| BXHCX Fund | USD 8.18 0.01 0.12% |
| Symbol | Barings |
Barings Us '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 Us' 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 Us.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Barings Us on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Barings High Yield or generate 0.0% return on investment in Barings Us over 570 days. Barings Us is related to or competes with Aqr Risk-balanced, Needham Aggressive, Ab High, and Morningstar Aggressive. The fund invests primarily in lower rated U.S More
Barings Us 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 Us' 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 High Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1876 | |||
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 0.8613 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.3699 |
Barings Us Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barings Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barings Us' standard deviation. In reality, there are many statistical measures that can use Barings Us historical prices to predict the future Barings Us' volatility.| Risk Adjusted Performance | 0.1396 | |||
| Jensen Alpha | 0.0196 | |||
| Total Risk Alpha | 0.003 | |||
| Sortino Ratio | (0.47) | |||
| Treynor Ratio | 0.3955 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Barings Us' 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 High Yield Backtested Returns
At this stage we consider Barings Mutual Fund to be very steady. Barings High Yield secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Barings High Yield, which you can use to evaluate the volatility of the entity. Please confirm Barings Us' Mean Deviation of 0.1172, coefficient of variation of 434.23, and Risk Adjusted Performance of 0.1396 to double-check if the risk estimate we provide is consistent with the expected return of 0.0335%. The fund shows a Beta (market volatility) of 0.0699, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Barings Us' returns are expected to increase less than the market. However, during the bear market, the loss of holding Barings Us is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Barings High Yield has very good predictability. Overlapping area represents the amount of predictability between Barings Us time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th 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 High Yield price movement. The serial correlation of 0.85 indicates that around 85.0% of current Barings Us price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Barings High Yield lagged returns against current returns
Autocorrelation, which is Barings Us 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 Us' mutual fund expected returns. We can calculate the autocorrelation of Barings Us returns to help us make a trade decision. For example, suppose you find that Barings Us 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 Us 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 Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barings Us 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 Us mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Barings Us Lagged Returns
When evaluating Barings Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barings Us mutual fund have on its future price. Barings Us 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 Us autocorrelation shows the relationship between Barings Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Barings High Yield.
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 Us 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 Us security.
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