Baird Smallcap Three Year Return vs. Price To Earning
| BSVIX Fund | USD 17.28 0.17 0.99% |
For Baird Smallcap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Baird Smallcap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Baird Smallcap Value utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Baird Smallcap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Baird Smallcap Value over time as well as its relative position and ranking within its peers.
Baird |
Baird Smallcap Value Price To Earning vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Baird Smallcap's current stock value. Our valuation model uses many indicators to compare Baird Smallcap value to that of its competitors to determine the firm's financial worth. Baird Smallcap Value is the top fund in three year return among similar funds. It also is the top fund in price to earning among similar funds reporting about 1.65 of Price To Earning per Three Year Return. 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 Baird Smallcap's earnings, one of the primary drivers of an investment's value.Baird Price To Earning vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Baird Smallcap |
| = | 10.58 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Baird Smallcap |
| = | 17.47 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Baird Price To Earning Comparison
Baird Smallcap is currently under evaluation in price to earning among similar funds.
Baird Smallcap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Baird Smallcap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Baird Smallcap will eventually generate negative long term returns. The profitability progress is the general direction of Baird Smallcap's change in net profit over the period of time. It can combine multiple indicators of Baird Smallcap, 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.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities. Although it invests principally in U.S. companies, the fund may invest up to 15 percent of its total assets in equity securities of foreign companies. Equity securities in which the fund may invest include common stocks, preferred stocks, American Depositary Receipts or other depositary shares or receipts, rights, warrants, exchange-traded funds , and options whose reference asset is an equity security or equity securities index. The fund is non-diversified.
Baird Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Baird Smallcap. 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 Baird Smallcap 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 Baird Smallcap's important profitability drivers and their relationship over time.
Use Baird Smallcap 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 Baird Smallcap 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 Baird Smallcap will appreciate offsetting losses from the drop in the long position's value.Baird Smallcap Pair Trading
Baird Smallcap Value Pair Trading Analysis
The ability to find closely correlated positions to Baird Smallcap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baird Smallcap 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 Baird Smallcap - 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 Baird Smallcap Value to buy it.
The correlation of Baird Smallcap 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 Baird Smallcap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baird Smallcap Value 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 Baird Smallcap 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 Baird Smallcap position
In addition to having Baird Smallcap 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 Transportation Thematic Idea Now
Transportation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation 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 Transportation Theme or any other thematic opportunities.
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Other Information on Investing in Baird Mutual Fund
To fully project Baird Smallcap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Baird Smallcap Value 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 Baird Smallcap's income statement, its balance sheet, and the statement of cash flows.
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