Baird Quality Financial Statements From 2010 to 2024
| BMBSX Fund | USD 11.25 0.01 0.09% |
Check Baird Quality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Baird main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Baird financial statements analysis is a perfect complement when working with Baird Quality Valuation or Volatility modules.
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Baird Quality Intermediate Mutual Fund Three Year Return Analysis
Baird Quality's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Baird Quality Three Year Return | (1.04) % |
Most of Baird Quality's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Baird Quality Intermediate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Baird Quality Intermediate has a Three Year Return of -1.0366%. This is much lower than that of the Baird family and significantly lower than that of the Muni National Interm category. The three year return for all United States funds is notably higher than that of the company.
Baird Quality Interm Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Baird Quality's current stock value. Our valuation model uses many indicators to compare Baird Quality value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Baird Quality competition to find correlations between indicators driving Baird Quality's intrinsic value. More Info.Baird Quality Intermediate is rated below average in annual yield among similar funds. It is second largest fund in year to date return among similar funds creating about 60.75 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Baird Quality by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Baird Quality's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Baird Quality's earnings, one of the primary drivers of an investment's value.About Baird Quality Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Baird Quality income statement, its balance sheet, and the statement of cash flows. Baird Quality investors use historical funamental indicators, such as Baird Quality's revenue or net income, to determine how well the company is positioned to perform in the future. Although Baird Quality investors may use each financial statement separately, they are all related. The changes in Baird Quality's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Baird Quality's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Baird Quality Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Baird Quality. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets in municipal bonds and debentures, the interest from which is exempt from federal income tax. It invests in a broadly diversified portfolio of municipal obligations issued by governmental authorities throughout the U.S. and its territories. The fund may invest in all types of municipal obligations, including pre-refunded bonds, general obligation bonds, revenue bonds, municipal lease participations and tax-exempt commercial paper.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Baird Quality in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Baird Quality's short interest history, or implied volatility extrapolated from Baird Quality options trading.
Pair Trading with Baird Quality
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 Baird Quality 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 Baird Quality will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Baird Quality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baird Quality 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 Baird Quality - 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 Baird Quality Intermediate to buy it.
The correlation of Baird Quality 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 Baird Quality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baird Quality Interm 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 Baird Quality 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 the analysis of Baird Quality Correlation against competitors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.