Baird Intermediate Bond Fund Market Value
| BIMSX Fund | USD 11.15 0.01 0.09% |
| Symbol | Baird |
Baird Intermediate '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 Baird Intermediate'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 Baird Intermediate.
| 08/23/2024 |
| 09/22/2024 |
If you would invest 0.00 in Baird Intermediate on August 23, 2024 and sell it all today you would earn a total of 0.00 from holding Baird Intermediate Bond or generate 0.0% return on investment in Baird Intermediate over 30 days. Baird Intermediate is related to or competes with Baird E, Pear Tree, and Neuberger Berman. The fund normally invests at least 80 percent of its net assets in the following types of U.S More
Baird Intermediate 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 Baird Intermediate'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 Baird Intermediate Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1771 | |||
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.1 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.3683 |
Baird Intermediate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baird Intermediate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baird Intermediate's standard deviation. In reality, there are many statistical measures that can use Baird Intermediate historical prices to predict the future Baird Intermediate's volatility.| Risk Adjusted Performance | 0.216 | |||
| Jensen Alpha | 0.0498 | |||
| Total Risk Alpha | 0.0215 | |||
| Sortino Ratio | (0.37) | |||
| Treynor Ratio | (3.90) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baird Intermediate'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.
Baird Intermediate Bond Backtested Returns
At this stage we consider Baird Mutual Fund to be very steady. Baird Intermediate Bond secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the fund had a 0.31% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Baird Intermediate Bond, which you can use to evaluate the volatility of the entity. Please confirm Baird Intermediate's Coefficient Of Variation of 325.52, mean deviation of 0.1481, and Risk Adjusted Performance of 0.216 to double-check if the risk estimate we provide is consistent with the expected return of 0.0602%. The fund shows a Beta (market volatility) of -0.0124, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Baird Intermediate are expected to decrease at a much lower rate. During the bear market, Baird Intermediate is likely to outperform the market.
Auto-correlation | 0.03 |
Virtually no predictability
Baird Intermediate Bond has virtually no predictability. Overlapping area represents the amount of predictability between Baird Intermediate time series from 23rd of August 2024 to 7th of September 2024 and 7th of September 2024 to 22nd of September 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 Baird Intermediate Bond price movement. The serial correlation of 0.03 indicates that only 3.0% of current Baird Intermediate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Baird Intermediate Bond lagged returns against current returns
Autocorrelation, which is Baird Intermediate 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 Baird Intermediate's mutual fund expected returns. We can calculate the autocorrelation of Baird Intermediate returns to help us make a trade decision. For example, suppose you find that Baird Intermediate 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 |
Baird Intermediate 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 Baird Intermediate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baird Intermediate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baird Intermediate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baird Intermediate Lagged Returns
When evaluating Baird Intermediate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baird Intermediate mutual fund have on its future price. Baird Intermediate 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, Baird Intermediate autocorrelation shows the relationship between Baird Intermediate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baird Intermediate Bond.
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 Baird Mutual Fund
Baird Intermediate 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 Intermediate security.
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