Barings High Yield Fund Market Value
| BXHYX Fund | USD 8.13 0.01 0.12% |
| Symbol | Barings |
Barings High '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 Barings High'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 Barings High.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Barings High on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Barings High Yield or generate 0.0% return on investment in Barings High over 30 days. Barings High is related to or competes with Barings Active, Barings Emerging, Barings Emerging, Barings Active, Barings Global, Barings Global, and Barings Global. The fund invests primarily in lower rated U.S More
Barings High 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 Barings High'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 Barings High Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1616 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 0.8663 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.2497 |
Barings High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barings High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barings High's standard deviation. In reality, there are many statistical measures that can use Barings High historical prices to predict the future Barings High's volatility.| Risk Adjusted Performance | 0.0748 | |||
| Jensen Alpha | 0.0131 | |||
| Total Risk Alpha | 0.0016 | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | 0.5953 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Barings High'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.
Barings High Yield Backtested Returns
At this stage we consider Barings Mutual Fund to be very steady. Barings High Yield secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Barings High Yield, which you can use to evaluate the volatility of the entity. Please confirm Barings High's Mean Deviation of 0.1185, risk adjusted performance of 0.0748, and Coefficient Of Variation of 662.69 to double-check if the risk estimate we provide is consistent with the expected return of 0.0175%. The fund shows a Beta (market volatility) of 0.0244, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Barings High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Barings High is expected to be smaller as well.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Barings High Yield has insignificant reverse predictability. Overlapping area represents the amount of predictability between Barings High time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Barings High Yield price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Barings High price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Barings High Yield lagged returns against current returns
Autocorrelation, which is Barings High 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 Barings High's mutual fund expected returns. We can calculate the autocorrelation of Barings High returns to help us make a trade decision. For example, suppose you find that Barings High 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 |
Barings High 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 Barings High mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barings High mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barings High mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Barings High Lagged Returns
When evaluating Barings High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barings High mutual fund have on its future price. Barings High 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, Barings High autocorrelation shows the relationship between Barings High mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Barings High Yield.
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 Barings Mutual Fund
Barings High financial ratios help investors to determine whether Barings 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 Barings with respect to the benefits of owning Barings High security.
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