Baron International Growth Fund Market Value

BINIX Fund  USD 25.30  0.05  0.20%   
Baron International's market value is the price at which a share of Baron International trades on a public exchange. It measures the collective expectations of Baron International Growth investors about its performance. Baron International is trading at 25.30 as of the 19th of April 2024; that is 0.20 percent up since the beginning of the trading day. The fund's open price was 25.25.
With this module, you can estimate the performance of a buy and hold strategy of Baron International Growth and determine expected loss or profit from investing in Baron International over a given investment horizon. Check out Baron International Correlation, Baron International Volatility and Baron International Alpha and Beta module to complement your research on Baron International.
Symbol

Please note, there is a significant difference between Baron International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baron International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baron International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Baron International '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 Baron International'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 Baron International.
0.00
05/30/2022
No Change 0.00  0.0 
In 1 year 10 months and 21 days
04/19/2024
0.00
If you would invest  0.00  in Baron International on May 30, 2022 and sell it all today you would earn a total of 0.00 from holding Baron International Growth or generate 0.0% return on investment in Baron International over 690 days. Baron International is related to or competes with Europacific Growth, Europacific Growth, and Europacific Growth. The fund is a diversified fund that invests for the long term primarily in equity securities in the form of common stock... More

Baron International 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 Baron International'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 Baron International Growth upside and downside potential and time the market with a certain degree of confidence.

Baron International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Baron International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baron International's standard deviation. In reality, there are many statistical measures that can use Baron International historical prices to predict the future Baron International's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baron International'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.
Hype
Prediction
LowEstimatedHigh
24.8825.5226.16
Details
Intrinsic
Valuation
LowRealHigh
24.7625.4026.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Baron International. Your research has to be compared to or analyzed against Baron International's peers to derive any actionable benefits. When done correctly, Baron International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Baron International.

Baron International Backtested Returns

We consider Baron International very steady. Baron International secures Sharpe Ratio (or Efficiency) of 0.034, which signifies that the fund had a 0.034% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Baron International Growth, which you can use to evaluate the volatility of the entity. Please confirm Baron International's Standard Deviation of 0.6906, mean deviation of 0.5213, and Risk Adjusted Performance of (0.01) to double-check if the risk estimate we provide is consistent with the expected return of 0.0219%. The fund shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Baron International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baron International is expected to be smaller as well.

Auto-correlation

    
  0.45  

Average predictability

Baron International Growth has average predictability. Overlapping area represents the amount of predictability between Baron International time series from 30th of May 2022 to 10th of May 2023 and 10th of May 2023 to 19th 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 Baron International price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Baron International price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.07
Residual Average0.0
Price Variance0.84

Baron International lagged returns against current returns

Autocorrelation, which is Baron International 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 Baron International's mutual fund expected returns. We can calculate the autocorrelation of Baron International returns to help us make a trade decision. For example, suppose you find that Baron International 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  

Baron International 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 Baron International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baron International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baron International mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Baron International Lagged Returns

When evaluating Baron International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baron International mutual fund have on its future price. Baron International 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, Baron International autocorrelation shows the relationship between Baron International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baron International Growth.
   Regressed Prices   
       Timeline  

Pair Trading with Baron International

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 International 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 International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Baron Mutual Fund

  0.83BREIX Baron Real EstatePairCorr
  0.83BREFX Baron Real EstatePairCorr
  0.73BRIIX Baron Real EstatePairCorr
  0.82BSCFX Baron Small CapPairCorr
  0.76BARAX Baron Asset FundPairCorr
The ability to find closely correlated positions to Baron International 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 International 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 International - 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 International Growth to buy it.
The correlation of Baron International 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 International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baron International 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 International 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.
Pair CorrelationCorrelation Matching
Check out Baron International Correlation, Baron International Volatility and Baron International Alpha and Beta module to complement your research on Baron International.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Baron International 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.
A focus of Baron International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Baron International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...