Bridge Builder International Fund Market Value
| BBIEX Fund | USD 13.43 0.03 0.22% |
| Symbol | Bridge |
Bridge Builder '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 Bridge Builder'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 Bridge Builder.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Bridge Builder on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Bridge Builder International or generate 0.0% return on investment in Bridge Builder over 720 days. Bridge Builder is related to or competes with Aig Government, and Blackrock Exchange. The fund invests, under normal market conditions, at least 80 percent of its net assets in equity securities and other i... More
Bridge Builder 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 Bridge Builder'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 Bridge Builder International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.86 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 0.9797 |
Bridge Builder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bridge Builder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bridge Builder's standard deviation. In reality, there are many statistical measures that can use Bridge Builder historical prices to predict the future Bridge Builder's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bridge Builder'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.
Bridge Builder Inter Backtested Returns
Bridge Builder Inter secures Sharpe Ratio (or Efficiency) of -0.0228, which signifies that the fund had a -0.0228% return per unit of risk over the last 3 months. Bridge Builder International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bridge Builder's Risk Adjusted Performance of (0.04), standard deviation of 0.7985, and Mean Deviation of 0.6319 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bridge Builder's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bridge Builder is expected to be smaller as well.
Auto-correlation | 0.16 |
Very weak predictability
Bridge Builder International has very weak predictability. Overlapping area represents the amount of predictability between Bridge Builder time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Bridge Builder Inter price movement. The serial correlation of 0.16 indicates that over 16.0% of current Bridge Builder price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Bridge Builder Inter lagged returns against current returns
Autocorrelation, which is Bridge Builder 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 Bridge Builder's mutual fund expected returns. We can calculate the autocorrelation of Bridge Builder returns to help us make a trade decision. For example, suppose you find that Bridge Builder 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 |
Bridge Builder 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 Bridge Builder mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bridge Builder mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bridge Builder mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Bridge Builder Lagged Returns
When evaluating Bridge Builder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bridge Builder mutual fund have on its future price. Bridge Builder 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, Bridge Builder autocorrelation shows the relationship between Bridge Builder mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Bridge Builder International.
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 Bridge Mutual Fund
Bridge Builder financial ratios help investors to determine whether Bridge 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 Bridge with respect to the benefits of owning Bridge Builder security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |