Baillie Gifford China Fund Market Value
| BCANX Fund | USD 9.02 0.00 0.00% |
| Symbol | Baillie |
Baillie Gifford '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 Baillie Gifford'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 Baillie Gifford.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Baillie Gifford on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Baillie Gifford China or generate 0.0% return on investment in Baillie Gifford over 480 days. Baillie Gifford is related to or competes with Gmo Resources, Icon Natural, Invesco Energy, and Thrivent Natural. The fund will seek to meet its objective by investing in a portfolio of common stocks and other equity securities of iss... More
Baillie Gifford 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 Baillie Gifford'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 Baillie Gifford China upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.06 | |||
| Information Ratio | 0.1147 | |||
| Maximum Drawdown | 18.02 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 6.01 |
Baillie Gifford Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baillie Gifford's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baillie Gifford's standard deviation. In reality, there are many statistical measures that can use Baillie Gifford historical prices to predict the future Baillie Gifford's volatility.| Risk Adjusted Performance | 0.1272 | |||
| Jensen Alpha | 0.3471 | |||
| Total Risk Alpha | 0.0092 | |||
| Sortino Ratio | 0.0901 | |||
| Treynor Ratio | 1.04 |
Baillie Gifford China Backtested Returns
Baillie Gifford appears to be somewhat reliable, given 3 months investment horizon. Baillie Gifford China secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Baillie Gifford China, which you can use to evaluate the volatility of the entity. Please makes use of Baillie Gifford's Risk Adjusted Performance of 0.1272, downside deviation of 3.06, and Mean Deviation of 1.34 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Baillie Gifford's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baillie Gifford is expected to be smaller as well.
Auto-correlation | -0.33 |
Poor reverse predictability
Baillie Gifford China has poor reverse predictability. Overlapping area represents the amount of predictability between Baillie Gifford time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 Baillie Gifford China price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Baillie Gifford price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Baillie Gifford China lagged returns against current returns
Autocorrelation, which is Baillie Gifford 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 Baillie Gifford's mutual fund expected returns. We can calculate the autocorrelation of Baillie Gifford returns to help us make a trade decision. For example, suppose you find that Baillie Gifford 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 |
Baillie Gifford 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 Baillie Gifford mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baillie Gifford mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baillie Gifford mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baillie Gifford Lagged Returns
When evaluating Baillie Gifford's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baillie Gifford mutual fund have on its future price. Baillie Gifford 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, Baillie Gifford autocorrelation shows the relationship between Baillie Gifford mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baillie Gifford China.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Baillie Mutual Fund
Baillie Gifford financial ratios help investors to determine whether Baillie Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Baillie with respect to the benefits of owning Baillie Gifford security.
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