Brown Mutual Fund Market Value

BADAX
 Fund
  

USD 14.47  0.19  1.30%   

Brown Advisory's market value is the price at which a share of Brown Advisory stock trades on a public exchange. It measures the collective expectations of Brown Advisory Equity investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Brown Advisory Equity and determine expected loss or profit from investing in Brown Advisory over a given investment horizon. Continue to Brown Advisory Correlation, Brown Advisory Volatility and Brown Advisory Alpha and Beta module to complement your research on Brown Advisory.
Symbol

Please note, there is a significant difference between Brown Advisory's value and its price as these two are different measures arrived at by different means. Investors typically determine Brown Advisory value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Advisory'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.

Brown Advisory '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 Brown Advisory'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 Brown Advisory.
0.00
10/30/2022
No Change 0.00  0.0 
In 31 days
11/29/2022
0.00
If you would invest  0.00  in Brown Advisory on October 30, 2022 and sell it all today you would earn a total of 0.00 from holding Brown Advisory Equity or generate 0.0% return on investment in Brown Advisory over 30 days. Brown Advisory is related to or competes with Vanguard Institutional. The fund normally invests at least 80 percent of the value of its net assets in a diversified portfolio of dividend payi... More

Brown Advisory 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 Brown Advisory'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 Brown Advisory Equity upside and downside potential and time the market with a certain degree of confidence.

Brown Advisory Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brown Advisory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brown Advisory's standard deviation. In reality, there are many statistical measures that can use Brown Advisory historical prices to predict the future Brown Advisory's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Brown Advisory'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. Please use the tools below to analyze the current value of Brown Advisory in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
13.1814.6516.12
Details
Intrinsic
Valuation
LowReal ValueHigh
12.3813.8515.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brown Advisory. Your research has to be compared to or analyzed against Brown Advisory's peers to derive any actionable benefits. When done correctly, Brown Advisory's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Brown Advisory Equity.

Brown Advisory Equity Backtested Returns

We consider Brown Advisory very steady. Brown Advisory Equity secures Sharpe Ratio (or Efficiency) of 0.0655, which signifies that the fund had 0.0655% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Brown Advisory Equity, which you can use to evaluate the future volatility of the entity. Please confirm Brown Advisory Equity Downside Deviation of 1.41, mean deviation of 1.16, and Risk Adjusted Performance of 0.0257 to double-check if the risk estimate we provide is consistent with the expected return of 0.0966%.
The fund shows a Beta (market volatility) of -0.0075, which signifies not very significant fluctuations relative to the market. Let's try to break down what Brown's beta means in this case. As returns on the market increase, returns on owning Brown Advisory are expected to decrease at a much lower rate. During the bear market, Brown Advisory is likely to outperform the market. Although it is important to respect Brown Advisory Equity historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Brown Advisory Equity technical indicators, you can presently evaluate if the expected return of 0.0966% will be sustainable into the future.

Auto-correlation

    
  0.52  

Modest predictability

Brown Advisory Equity has modest predictability. Overlapping area represents the amount of predictability between Brown Advisory time series from 30th of October 2022 to 14th of November 2022 and 14th of November 2022 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brown Advisory Equity price movement. The serial correlation of 0.52 indicates that about 52.0% of current Brown Advisory price fluctuation can be explain by its past prices.
Correlation Coefficient0.52
Spearman Rank Test0.25
Residual Average0.0
Price Variance0.02

Brown Advisory Equity lagged returns against current returns

Autocorrelation, which is Brown Advisory 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 Brown Advisory's mutual fund expected returns. We can calculate the autocorrelation of Brown Advisory returns to help us make a trade decision. For example, suppose you find that Brown Advisory mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

Brown Advisory Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Brown Advisory without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Brown Advisory

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

Moving together with Brown Advisory

+0.89VFINXVanguard Index Trust Low VolatilityPairCorr
+0.95VFFSXVanguard 500 Index Low VolatilityPairCorr
+0.89VFIAXVanguard 500 Index Low VolatilityPairCorr
+0.95FILFXStrategic Advisers Steady GrowthPairCorr
The ability to find closely correlated positions to Brown Advisory could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Advisory 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 Brown Advisory - 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 Brown Advisory Equity to buy it.
The correlation of Brown Advisory is a statistical measure of how it moves in relation to other equities. 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 Brown Advisory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Advisory Equity 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 Brown Advisory 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
Continue to Brown Advisory Correlation, Brown Advisory Volatility and Brown Advisory Alpha and Beta module to complement your research on Brown Advisory. Note that the Brown Advisory Equity information on this page should be used as a complementary analysis to other Brown Advisory's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Brown Advisory Equity price analysis, check to measure Brown Advisory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brown Advisory is operating at the current time. Most of Brown Advisory's value examination focuses on studying past and present price action to predict the probability of Brown Advisory's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Brown Advisory's price. Additionally, you may evaluate how the addition of Brown Advisory to your portfolios can decrease your overall portfolio volatility.
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Brown Advisory 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 Brown Advisory technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brown Advisory 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...