Baron Durable Advantage Fund Quote
| BDAFX Fund | USD 24.07 0.34 1.43% |
Performance5 of 100
| Odds Of DistressLess than 19
|
Baron Durable is trading at 24.07 as of the 24th of April 2024; that is 1.43 percent up since the beginning of the trading day. The fund's open price was 23.73. Baron Durable has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Baron Durable Advantage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund invests primarily in equity securities in the form of common stock of U.S. large-sized companies. The Adviser seeks to invest primarily in what the adviser believes are unique, well-managed, competitively advantaged businesses that generate significant excess free cash flow that is consistently returned to shareholders in the form of stock buybacks andor dividends.. More on Baron Durable Advantage
Moving together with Baron Mutual Fund
| 0.87 | BREIX | Baron Real Estate | PairCorr |
| 0.87 | BREFX | Baron Real Estate | PairCorr |
| 0.69 | BFGIX | Baron Focused Growth | PairCorr |
| 0.82 | BHCHX | Baron Health Care | PairCorr |
| 0.87 | BIGFX | Baron International | PairCorr |
Baron Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Baron Durable's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Baron Durable or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Baron Capital Group, Inc. Funds, Large Growth Funds, Large Growth, Baron Capital Group, Inc., Large Growth, Large Growth (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 27th of January 2023 |
| Fiscal Year End | September |
Baron Durable Advantage [BDAFX] is traded in USA and was established 24th of April 2024. Baron Durable is listed under Baron Capital Group, Inc. category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Baron Capital Group, Inc. family. This fund currently has accumulated 81.28 M in assets under management (AUM) with no minimum investment requirementsBaron Durable Advantage is currently producing year-to-date (YTD) return of 5.48%, while the total return for the last 3 years was 11.3%.
Check Baron Durable Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Baron Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Baron Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Baron Durable Advantage Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Baron Durable Advantage Mutual Fund Constituents
| V | Visa Class A | Stock | Financials |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
| SPGI | SP Global | Stock | Financials |
| MSFT | Microsoft | Stock | Information Technology |
| MCO | Moodys | Stock | Financials |
| MA | Mastercard | Stock | Financials |
Baron Durable Target Price Odds Analysis
Based on a normal probability distribution, the odds of Baron Durable jumping above the current price in 90 days from now is about 54.97%. The Baron Durable Advantage probability density function shows the probability of Baron Durable mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0975 suggesting Baron Durable Advantage market returns are sensitive to returns on the market. As the market goes up or down, Baron Durable is expected to follow. Additionally, baron Durable Advantage has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Baron Durable to move above the current price in 90 days from now is about 54.97 (This Baron Durable Advantage probability density function shows the probability of Baron Mutual Fund to fall within a particular range of prices over 90 days) .
Baron Durable Advantage Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Baron Durable market risk premium is the additional return an investor will receive from holding Baron Durable long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Baron Durable. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Baron Durable's alpha and beta are two of the key measurements used to evaluate Baron Durable's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7195 | |||
| Semi Deviation | 0.8003 | |||
| Standard Deviation | 0.9447 | |||
| Variance | 0.8925 |
Baron Durable Against Markets
Picking the right benchmark for Baron Durable mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Baron Durable mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Baron Durable is critical whether you are bullish or bearish towards Baron Durable Advantage at a given time. Please also check how Baron Durable's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Baron Durable without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Baron Mutual Fund?
Before investing in Baron Durable, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Baron Durable. To buy Baron Durable fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Baron Durable. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Baron Durable fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Baron Durable Advantage fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Baron Durable Advantage fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Baron Durable Advantage, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Baron Durable Advantage?
The danger of trading Baron Durable Advantage is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Baron Durable is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Baron Durable. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Baron Durable Advantage is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baron Durable Advantage. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Baron Durable Advantage information on this page should be used as a complementary analysis to other Baron Durable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.