Baird Smallcap Value Fund Market Value
| BSVSX Fund | USD 14.52 0.43 2.88% |
| Symbol | Baird |
Baird Smallcap '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 Baird Smallcap'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 Baird Smallcap.
| 12/29/2024 |
| 03/29/2025 |
If you would invest 0.00 in Baird Smallcap on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Baird Smallcap Value or generate 0.0% return on investment in Baird Smallcap over 90 days. Baird Smallcap is related to or competes with Us Government, Baird Quality, Legg Mason, and Franklin Adjustable. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity ... More
Baird Smallcap 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 Baird Smallcap'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 Baird Smallcap Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.03 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 1.97 |
Baird Smallcap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baird Smallcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baird Smallcap's standard deviation. In reality, there are many statistical measures that can use Baird Smallcap historical prices to predict the future Baird Smallcap's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baird Smallcap'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.
Baird Smallcap Value Backtested Returns
Baird Smallcap Value secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12 % return per unit of risk over the last 3 months. Baird Smallcap Value exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baird Smallcap's Mean Deviation of 1.08, standard deviation of 1.39, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.25, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Baird Smallcap will likely underperform.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Baird Smallcap Value has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Baird Smallcap time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Baird Smallcap Value price movement. The serial correlation of -0.72 indicates that around 72.0% of current Baird Smallcap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Baird Smallcap Value lagged returns against current returns
Autocorrelation, which is Baird Smallcap 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 Baird Smallcap's mutual fund expected returns. We can calculate the autocorrelation of Baird Smallcap returns to help us make a trade decision. For example, suppose you find that Baird Smallcap 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 |
Baird Smallcap 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 Baird Smallcap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baird Smallcap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baird Smallcap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baird Smallcap Lagged Returns
When evaluating Baird Smallcap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baird Smallcap mutual fund have on its future price. Baird Smallcap 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, Baird Smallcap autocorrelation shows the relationship between Baird Smallcap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baird Smallcap Value.
Regressed Prices |
| Timeline |
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Other Information on Investing in Baird Mutual Fund
Baird Smallcap financial ratios help investors to determine whether Baird 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 Baird with respect to the benefits of owning Baird Smallcap security.
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