Bbh Partner Fund Market Value
| BBHLX Fund | USD 16.04 0.22 1.39% |
| Symbol | Bbh |
Bbh Partner '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 Bbh Partner'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 Bbh Partner.
| 10/27/2023 |
| 04/24/2024 |
If you would invest 0.00 in Bbh Partner on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Bbh Partner Fund or generate 0.0% return on investment in Bbh Partner over 180 days. Bbh Partner is related to or competes with Bbh Limited, Clarkston Partners, Akre Focus, International Fund, and Calvert Long-term. Under normal circumstances at least 80 percent of the net assets of the fund, plus any borrowings for investment purpose... More
Bbh Partner 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 Bbh Partner'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 Bbh Partner Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6984 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.2 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 1.18 |
Bbh Partner Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bbh Partner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bbh Partner's standard deviation. In reality, there are many statistical measures that can use Bbh Partner historical prices to predict the future Bbh Partner's volatility.| Risk Adjusted Performance | 0.0586 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0604 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bbh Partner'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.
Bbh Partner Fund Backtested Returns
We consider Bbh Partner very steady. Bbh Partner Fund secures Sharpe Ratio (or Efficiency) of 0.0791, which signifies that the fund had a 0.0791% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bbh Partner Fund, which you can use to evaluate the volatility of the entity. Please confirm Bbh Partner's Mean Deviation of 0.5541, risk adjusted performance of 0.0586, and Downside Deviation of 0.6984 to double-check if the risk estimate we provide is consistent with the expected return of 0.0567%. The fund shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Bbh Partner returns are very sensitive to returns on the market. As the market goes up or down, Bbh Partner is expected to follow.
Auto-correlation | 0.71 |
Good predictability
Bbh Partner Fund has good predictability. Overlapping area represents the amount of predictability between Bbh Partner time series from 27th of October 2023 to 25th of January 2024 and 25th of January 2024 to 24th 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 Bbh Partner Fund price movement. The serial correlation of 0.71 indicates that around 71.0% of current Bbh Partner price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Bbh Partner Fund lagged returns against current returns
Autocorrelation, which is Bbh Partner 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 Bbh Partner's mutual fund expected returns. We can calculate the autocorrelation of Bbh Partner returns to help us make a trade decision. For example, suppose you find that Bbh Partner 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 |
Bbh Partner 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 Bbh Partner mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bbh Partner mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bbh Partner mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Bbh Partner Lagged Returns
When evaluating Bbh Partner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bbh Partner mutual fund have on its future price. Bbh Partner 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, Bbh Partner autocorrelation shows the relationship between Bbh Partner mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Bbh Partner Fund.
Regressed Prices |
| Timeline |
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 Bbh Partner 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, Bbh Partner's short interest history, or implied volatility extrapolated from Bbh Partner options trading.
Pair Trading with Bbh Partner
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 Bbh Partner 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 Bbh Partner will appreciate offsetting losses from the drop in the long position's value.Moving together with Bbh Mutual Fund
| 0.74 | BBINX | Bbh Intermediate Mun | PairCorr |
| 0.97 | BBLIX | Bbh Select Series | PairCorr |
| 0.98 | RERFX | Europacific Growth | PairCorr |
| 0.98 | AEPFX | Europacific Growth | PairCorr |
Moving against Bbh Mutual Fund
| 0.62 | XPPRX | Voya Prime Rate | PairCorr |
The ability to find closely correlated positions to Bbh Partner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bbh Partner 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 Bbh Partner - 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 Bbh Partner Fund to buy it.
The correlation of Bbh Partner 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 Bbh Partner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bbh Partner Fund 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 Bbh Partner 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 Bbh Partner Correlation, Bbh Partner Volatility and Bbh Partner Alpha and Beta module to complement your research on Bbh Partner. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Bbh Partner 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.