Baron Real Estate Fund Market Value
| BREIX Fund | USD 35.77 0.56 1.54% |
| Symbol | Baron |
Baron Real '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 Real'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 Real.
| 10/19/2023 |
| 04/16/2024 |
If you would invest 0.00 in Baron Real on October 19, 2023 and sell it all today you would earn a total of 0.00 from holding Baron Real Estate or generate 0.0% return on investment in Baron Real over 180 days. Baron Real is related to or competes with Baron Opportunity, Baron Global, Baron Partners, Baron Focused, and Baron Emerging. The fund normally invests 80 percent of its net assets for the long term in equity securities in the form of common stoc... More
Baron Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.89 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 1.5 |
Baron Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baron Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baron Real's standard deviation. In reality, there are many statistical measures that can use Baron Real historical prices to predict the future Baron Real's volatility.| Risk Adjusted Performance | 0.0181 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0095 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baron Real'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 Real Estate Backtested Returns
We consider Baron Real very steady. Baron Real Estate secures Sharpe Ratio (or Efficiency) of 0.0562, which signifies that the fund had a 0.0562% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Baron Real Estate, which you can use to evaluate the volatility of the entity. Please confirm Baron Real's Risk Adjusted Performance of 0.0181, mean deviation of 0.9365, and Downside Deviation of 1.45 to double-check if the risk estimate we provide is consistent with the expected return of 0.0673%. The fund shows a Beta (market volatility) of 1.6, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Baron Real will likely underperform.
Auto-correlation | 0.90 |
Excellent predictability
Baron Real Estate has excellent predictability. Overlapping area represents the amount of predictability between Baron Real time series from 19th of October 2023 to 17th of January 2024 and 17th of January 2024 to 16th of April 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 Real Estate price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Baron Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
Baron Real Estate lagged returns against current returns
Autocorrelation, which is Baron Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Baron Real returns to help us make a trade decision. For example, suppose you find that Baron Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baron Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baron Real Lagged Returns
When evaluating Baron Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baron Real mutual fund have on its future price. Baron Real 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 Real autocorrelation shows the relationship between Baron Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baron Real Estate.
Regressed Prices |
| Timeline |
Pair Trading with Baron Real
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 Baron Real 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 Baron Real will appreciate offsetting losses from the drop in the long position's value.Moving against Baron Mutual Fund
| 0.84 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.78 | HR | Healthcare Realty Trust Financial Report 14th of May 2024 | PairCorr |
| 0.55 | RC | Ready Capital Corp Financial Report 13th of May 2024 | PairCorr |
| 0.55 | UK | Ucommune International Report 23rd of April 2024 | PairCorr |
| 0.52 | UE | Urban Edge Properties Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Baron Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baron Real 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 Baron Real - 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 Baron Real Estate to buy it.
The correlation of Baron Real 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 Baron Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baron Real Estate 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 Baron Real 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.Check out Baron Real Correlation, Baron Real Volatility and Baron Real Alpha and Beta module to complement your research on Baron Real. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Baron Real technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.