Baron Fintech Net Asset vs. One Year Return
| BFINX Fund | USD 18.12 0.14 0.77% |
For Baron Fintech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Baron Fintech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Baron Fintech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Baron Fintech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Baron Fintech over time as well as its relative position and ranking within its peers.
Baron |
Baron Fintech One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Baron Fintech's current stock value. Our valuation model uses many indicators to compare Baron Fintech value to that of its competitors to determine the firm's financial worth. Baron Fintech is the top fund in net asset among similar funds. It also is the top fund in one year return among similar funds . The ratio of Net Asset to One Year Return for Baron Fintech is about 1,401,096 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Baron Fintech's earnings, one of the primary drivers of an investment's value.Baron One Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Baron Fintech |
| = | 52.27 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Baron Fintech |
| = | 37.31 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Baron One Year Return Comparison
Baron Fintech is currently under evaluation in one year return among similar funds.
Baron Fintech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Baron Fintech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Baron Fintech will eventually generate negative long term returns. The profitability progress is the general direction of Baron Fintech's change in net profit over the period of time. It can combine multiple indicators of Baron Fintech, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund invests at least 80 percent of its net assets in securities of companies that develop, use, or rely on innovative technologies or services, in a significant way, for banking, lending, capital markets, financial data analytics, insurance, payments, asset management, or wealth management. It may purchase securities of companies of any market capitalization and may invest in foreign stocks, including emerging market securities. The fund is non-diversified.
Baron Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Baron Fintech. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Baron Fintech position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Baron Fintech's important profitability drivers and their relationship over time.
| Net Asset vs Year To Date Return | ||
| Three Year Return vs One Year Return | ||
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| Equity Positions Weight vs One Year Return |
Use Baron Fintech in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baron Fintech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baron Fintech will appreciate offsetting losses from the drop in the long position's value.Baron Fintech Pair Trading
Baron Fintech Pair Trading Analysis
The ability to find closely correlated positions to Baron Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baron Fintech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baron Fintech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baron Fintech to buy it.
The correlation of Baron Fintech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baron Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baron Fintech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baron Fintech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Baron Fintech position
In addition to having Baron Fintech in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Pharmaceutical Products Theme or any other thematic opportunities.
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Other Information on Investing in Baron Mutual Fund
To fully project Baron Fintech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Baron Fintech at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Baron Fintech's income statement, its balance sheet, and the statement of cash flows.
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