Baron Wealthbuilder Fund Market Value
| BWBTX Fund | USD 21.78 0.01 0.05% |
| Symbol | Baron |
Baron Wealthbuilder '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 Baron Wealthbuilder'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 Baron Wealthbuilder.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Baron Wealthbuilder on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Baron Wealthbuilder Fund or generate 0.0% return on investment in Baron Wealthbuilder over 720 days. Baron Wealthbuilder is related to or competes with Tekla Healthcare, Lord Abbett, Live Oak, Fidelity Advisor, Hartford Healthcare, Delaware Healthcare, and Deutsche Health. The fund invests, at any given time, in the securities of a select number of Baron mutual funds , representing specific ... More
Baron Wealthbuilder 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 Baron Wealthbuilder'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 Baron Wealthbuilder Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.0767 | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.3 |
Baron Wealthbuilder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baron Wealthbuilder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baron Wealthbuilder's standard deviation. In reality, there are many statistical measures that can use Baron Wealthbuilder historical prices to predict the future Baron Wealthbuilder's volatility.| Risk Adjusted Performance | 0.1047 | |||
| Jensen Alpha | 0.1181 | |||
| Total Risk Alpha | 0.0659 | |||
| Sortino Ratio | 0.0719 | |||
| Treynor Ratio | 1.64 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baron Wealthbuilder'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.
Baron Wealthbuilder Backtested Returns
At this stage we consider Baron Mutual Fund to be very steady. Baron Wealthbuilder secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Baron Wealthbuilder Fund, which you can use to evaluate the volatility of the entity. Please confirm Baron Wealthbuilder's Risk Adjusted Performance of 0.1047, mean deviation of 0.7044, and Downside Deviation of 1.09 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 0.0738, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Baron Wealthbuilder's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baron Wealthbuilder is expected to be smaller as well.
Auto-correlation | 0.48 |
Average predictability
Baron Wealthbuilder Fund has average predictability. Overlapping area represents the amount of predictability between Baron Wealthbuilder time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Baron Wealthbuilder price movement. The serial correlation of 0.48 indicates that about 48.0% of current Baron Wealthbuilder price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 1.56 |
Baron Wealthbuilder lagged returns against current returns
Autocorrelation, which is Baron Wealthbuilder 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 Baron Wealthbuilder's mutual fund expected returns. We can calculate the autocorrelation of Baron Wealthbuilder returns to help us make a trade decision. For example, suppose you find that Baron Wealthbuilder 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 |
Baron Wealthbuilder 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 Baron Wealthbuilder mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baron Wealthbuilder mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baron Wealthbuilder mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baron Wealthbuilder Lagged Returns
When evaluating Baron Wealthbuilder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baron Wealthbuilder mutual fund have on its future price. Baron Wealthbuilder 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, Baron Wealthbuilder autocorrelation shows the relationship between Baron Wealthbuilder mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baron Wealthbuilder Fund.
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 Baron Mutual Fund
Baron Wealthbuilder financial ratios help investors to determine whether Baron 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 Baron with respect to the benefits of owning Baron Wealthbuilder security.
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