Baron Durable Advantage Fund Fundamentals
| BDAUX Fund | USD 24.07 0.26 1.09% |
Baron Durable Advantage fundamentals help investors to digest information that contributes to Baron Durable's financial success or failures. It also enables traders to predict the movement of Baron Mutual Fund. The fundamental analysis module provides a way to measure Baron Durable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Baron Durable mutual fund.
Baron |
Baron Durable Advantage Mutual Fund Three Year Return Analysis
Baron Durable'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 Baron Durable Three Year Return | 11.59 % |
Most of Baron Durable'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, Baron Durable Advantage 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, Baron Durable Advantage has a Three Year Return of 11.5927%. This is 24.82% lower than that of the Baron Capital Group family and significantly higher than that of the Large Growth category. The three year return for all United States funds is notably lower than that of the firm.
Baron Durable Advantage Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Baron Durable's current stock value. Our valuation model uses many indicators to compare Baron Durable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Baron Durable competition to find correlations between indicators driving Baron Durable's intrinsic value. More Info.Baron Durable Advantage is the top fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 6,156 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Baron Durable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Baron Durable'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 Baron Durable's earnings, one of the primary drivers of an investment's value.Baron Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baron Durable's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Baron Durable could also be used in its relative valuation, which is a method of valuing Baron Durable by comparing valuation metrics of similar companies.Baron Durable is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Baron Durable
The fund consists of 97.36% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Baron Durable's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Baron Fundamentals
| Total Asset | 28.83 M | ||||
| Annual Yield | 0.0009 % | ||||
| Year To Date Return | 5.54 % | ||||
| One Year Return | 31.76 % | ||||
| Three Year Return | 11.59 % | ||||
| Five Year Return | 16.96 % | ||||
| Net Asset | 8.18 M | ||||
| Last Dividend Paid | 0.01 | ||||
| Cash Position Weight | 2.64 % | ||||
| Equity Positions Weight | 97.36 % |
About Baron Durable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baron Durable Advantage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baron Durable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baron Durable Advantage based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
Pair Trading with Baron Durable
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 Durable 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 Durable will appreciate offsetting losses from the drop in the long position's value.Moving together with Baron Mutual Fund
| 0.87 | BREUX | Baron Real Estate | PairCorr |
| 0.92 | BSCUX | Baron Small Cap | PairCorr |
| 0.87 | BARUX | Baron Asset Fund | PairCorr |
The ability to find closely correlated positions to Baron Durable 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 Durable 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 Durable - 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 Durable Advantage to buy it.
The correlation of Baron Durable 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 Durable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baron Durable Advantage 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 Durable 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 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 employment. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.