Baird Aggregate Bond Fund Manager Performance Evaluation
| BAGIX Fund | USD 9.52 0.05 0.53% |
The fund shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Baird Aggregate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baird Aggregate is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Baird Aggregate Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Baird Aggregate is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | 3 Bond Funds for All Yield Seasons - Morningstar | 02/01/2024 |
| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.3000 |
Baird |
Baird Aggregate Relative Risk vs. Return Landscape
If you would invest 965.00 in Baird Aggregate Bond on January 19, 2024 and sell it today you would lose (13.00) from holding Baird Aggregate Bond or give up 1.35% of portfolio value over 90 days. Baird Aggregate Bond is currently producing negative expected returns and takes up 0.3912% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Baird, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Baird Aggregate Current Valuation
Fairly Valued
Today
Please note that Baird Aggregate's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Baird Aggregate Bond shows a prevailing Real Value of $9.55 per share. The current price of the fund is $9.52. We determine the value of Baird Aggregate Bond from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Baird Aggregate Bond is useful when determining the fair value of the Baird mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Baird Aggregate. Since Baird Aggregate is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Baird Mutual Fund. However, Baird Aggregate's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.52 | Real 9.55 | Hype 9.52 | Naive 9.51 |
The real value of Baird Mutual Fund, also known as its intrinsic value, is the underlying worth of Baird Aggregate Bond Mutual Fund, which is reflected in its stock price. It is based on Baird Aggregate's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Baird Aggregate's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Baird Aggregate's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Baird Aggregate Bond helps investors to forecast how Baird mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Baird Aggregate more accurately as focusing exclusively on Baird Aggregate's fundamentals will not take into account other important factors: Baird Aggregate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baird Aggregate's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Baird Aggregate Bond, and traders can use it to determine the average amount a Baird Aggregate's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0531
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| Negative Returns | BAGIX |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Baird Aggregate is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Baird Aggregate by adding Baird Aggregate to a well-diversified portfolio.
Baird Aggregate Fundamentals Growth
Baird Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Baird Aggregate, and Baird Aggregate fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Baird Mutual Fund performance.
| Total Asset | 38.36 B | |||
About Baird Aggregate Performance
To evaluate Baird Aggregate Bond Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Baird Aggregate generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Baird Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Baird Aggregate Bond market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Baird's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund normally invests at least 80 percent of its net assets in the following types of U.S. dollar-denominated debt obligations U.S. government and other public-sector entities asset-backed and mortgage-backed obligations of U.S. and foreign issuers corporate debt of U.S. and foreign issuers.Things to note about Baird Aggregate Bond performance evaluation
Checking the ongoing alerts about Baird Aggregate for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Baird Aggregate Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Baird Aggregate Bond generated a negative expected return over the last 90 days | |
| The fund generated three year return of -3.0% | |
| Baird Aggregate Bond holds about 93.23% of its assets under management (AUM) in fixed income securities |
- Analyzing Baird Aggregate's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Baird Aggregate's stock is overvalued or undervalued compared to its peers.
- Examining Baird Aggregate's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Baird Aggregate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Baird Aggregate's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Baird Aggregate's mutual fund. These opinions can provide insight into Baird Aggregate's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baird Aggregate Bond. 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 gross domestic product. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.