Baird Smallmid Cap Fund Momentum Indicators Minus Directional Movement

BSGSX Fund  USD 17.82  0.22  1.25%   
Baird Small/mid momentum indicators tool provides the execution environment for running the Minus Directional Movement indicator and other technical functions against Baird Small/mid. Baird Small/mid value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Minus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Baird Small/mid are pattern recognition functions that provide distinct formation on Baird Small/mid potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was one with a total number of output elements of sixty. The Minus Directional Movement indicator shows the difference between two consecutive lows of Baird Smallmid Cap price series.

Baird Small/mid Technical Analysis Modules

Most technical analysis of Baird Small/mid help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Baird from various momentum indicators to cycle indicators. When you analyze Baird charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Baird Small/mid Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Baird Smallmid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Baird Smallmid Cap based on widely used predictive technical indicators. In general, we focus on analyzing Baird Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Baird Small/mid's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Baird Small/mid's intrinsic value. In addition to deriving basic predictive indicators for Baird Small/mid, we also check how macroeconomic factors affect Baird Small/mid price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baird Small/mid'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.
Hype
Prediction
LowEstimatedHigh
16.7417.7818.82
Details
Intrinsic
Valuation
LowRealHigh
16.8517.8918.93
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Baird Smallmid Cap 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 Small/mid 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 Small/mid will appreciate offsetting losses from the drop in the long position's value.

Baird Small/mid Pair Trading

Baird Smallmid Cap Pair Trading Analysis

The ability to find closely correlated positions to Baird Small/mid 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 Small/mid 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 Small/mid - 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 Smallmid Cap to buy it.
The correlation of Baird Small/mid 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 Small/mid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baird Smallmid Cap 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 Small/mid 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Baird Mutual Fund

Baird Small/mid financial ratios help investors to determine whether Baird 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 Baird with respect to the benefits of owning Baird Small/mid security.
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