Baird Smallmid Cap Fund Market Value
| BSGSX Fund | USD 15.90 0.14 0.89% |
| Symbol | Baird |
Baird Smallmid '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 Smallmid'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 Smallmid.
| 04/29/2025 |
| 07/28/2025 |
If you would invest 0.00 in Baird Smallmid on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Baird Smallmid Cap or generate 0.0% return on investment in Baird Smallmid over 90 days. Baird Smallmid is related to or competes with Dreyfus Short, Boston Partners, Calamos Longshort, Ab Select, Blackrock Global, Western Asset, and Nuveen Short. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in the equ... More
Baird Smallmid 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 Smallmid'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 Smallmid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8404 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.74 |
Baird Smallmid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baird Smallmid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baird Smallmid's standard deviation. In reality, there are many statistical measures that can use Baird Smallmid historical prices to predict the future Baird Smallmid's volatility.| Risk Adjusted Performance | 0.1366 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1452 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baird Smallmid'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 Smallmid Cap Backtested Returns
At this stage we consider Baird Mutual Fund to be very steady. Baird Smallmid Cap secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Baird Smallmid Cap, which you can use to evaluate the volatility of the entity. Please confirm Baird Smallmid's Mean Deviation of 0.6104, risk adjusted performance of 0.1366, and Downside Deviation of 0.8404 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. Baird Smallmid returns are very sensitive to returns on the market. As the market goes up or down, Baird Smallmid is expected to follow.
Auto-correlation | 0.70 |
Good predictability
Baird Smallmid Cap has good predictability. Overlapping area represents the amount of predictability between Baird Smallmid time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th of July 2025. 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 Smallmid Cap price movement. The serial correlation of 0.7 indicates that around 70.0% of current Baird Smallmid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Baird Smallmid Cap lagged returns against current returns
Autocorrelation, which is Baird Smallmid 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 Smallmid's mutual fund expected returns. We can calculate the autocorrelation of Baird Smallmid returns to help us make a trade decision. For example, suppose you find that Baird Smallmid 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 Smallmid 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 Smallmid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baird Smallmid 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 Smallmid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baird Smallmid Lagged Returns
When evaluating Baird Smallmid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baird Smallmid mutual fund have on its future price. Baird Smallmid 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 Smallmid autocorrelation shows the relationship between Baird Smallmid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baird Smallmid Cap.
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 Smallmid 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 Smallmid security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| CEOs Directory Screen CEOs from public companies around the world |