Baillie Mutual Fund Volatility

BCAKX
 Fund
  

USD 11.98  0.12  0.99%   

Baillie Gifford China secures Sharpe Ratio (or Efficiency) of -0.0357, which signifies that the fund had -0.0357% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Baillie Gifford China exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Baillie Gifford China risk adjusted performance of (0.07), and Mean Deviation of 1.43 to double-check the risk estimate we provide.
  
Baillie Gifford Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Baillie daily returns, and it is calculated using variance and standard deviation. We also use Baillie's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Baillie Gifford volatility.

720 Days Market Risk

Not too volatile

Chance of Distress

Below Average

720 Days Economic Sensitivity

Barely shadows the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Baillie Gifford can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Baillie Gifford at lower prices. For example, an investor can purchase Baillie stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Baillie Gifford's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with Baillie Gifford

+0.74FIQFXFIDELITY CHINA REGION Steady GrowthPairCorr
+0.76MCHFXMATTHEWS CHINA FUND Steady GrowthPairCorr
+0.75FHKTXFIDELITY CHINA REGION Steady GrowthPairCorr
+0.74FHKCXFIDELITY CHINA REGION Steady GrowthPairCorr
+0.75FCHKXFIDELITY CHINA REGION Steady GrowthPairCorr
+0.75FHKAXFIDELITY CHINA REGION Steady GrowthPairCorr
+0.8FHKIXFIDELITY CHINA REGION Steady GrowthPairCorr

Baillie Gifford Market Sensitivity And Downside Risk

Baillie Gifford's beta coefficient measures the volatility of Baillie mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Baillie mutual fund's returns against your selected market. In other words, Baillie Gifford's beta of 0.13 provides an investor with an approximation of how much risk Baillie Gifford mutual fund can potentially add to one of your existing portfolios.
Baillie Gifford China exhibits very low volatility with skewness of 0.54 and kurtosis of 0.4. However, we advise investors to further study Baillie Gifford China technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Baillie Gifford's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Baillie Gifford's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
3 Months Beta |Analyze Baillie Gifford China Demand Trend
Check current 90 days Baillie Gifford correlation with market (NYSE Composite)

Baillie Beta

    
  0.13  
Baillie standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  1.82  
It is essential to understand the difference between upside risk (as represented by Baillie Gifford's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Baillie Gifford's daily returns or price. Since the actual investment returns on holding a position in baillie mutual fund tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Baillie Gifford.

Baillie Gifford China Mutual Fund Volatility Analysis

Volatility refers to the frequency at which Baillie Gifford fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Baillie Gifford's price changes. Investors will then calculate the volatility of Baillie Gifford's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Baillie Gifford's volatility:

Historical Volatility

This type of fund volatility measures Baillie Gifford's fluctuations based on previous trends. It's commonly used to predict Baillie Gifford's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Baillie Gifford's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Baillie Gifford's to be redeemed at a future date.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Baillie Gifford China Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
.

Baillie Gifford Projected Return Density Against Market

Assuming the 90 days horizon Baillie Gifford has a beta of 0.1297 suggesting as returns on the market go up, Baillie Gifford average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Baillie Gifford China will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Baillie Gifford or Baillie Gifford Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Baillie Gifford's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Baillie fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Baillie Gifford China is significantly underperforming NYSE Composite.
   Predicted Return Density   
       Returns  
Baillie Gifford's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how baillie mutual fund's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Baillie Gifford Price Volatility?

Several factors can influence a Fund's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Baillie Gifford Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Baillie Gifford or Baillie Gifford Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Baillie Gifford's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Baillie fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Assuming the 90 days horizon the coefficient of variation of Baillie Gifford is -2800.14. The daily returns are distributed with a variance of 3.32 and standard deviation of 1.82. The mean deviation of Baillie Gifford China is currently at 1.44. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 1.49
α
Alpha over NYSE Composite
-0.11
β
Beta against NYSE Composite0.13
σ
Overall volatility
1.82
Ir
Information ratio -0.09

Baillie Gifford Mutual Fund Return Volatility

Baillie Gifford historical daily return volatility represents how much of Baillie Gifford fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 1.8212% volatility of returns over 90 . By contrast, NYSE Composite accepts 1.5215% volatility on return distribution over the 90 days horizon.
 Performance (%) 
       Timeline  

About Baillie Gifford Volatility

Volatility is a rate at which the price of Baillie Gifford or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Baillie Gifford may increase or decrease. In other words, similar to Baillie's beta indicator, it measures the risk of Baillie Gifford and helps estimate the fluctuations that may happen in a short period of time. So if prices of Baillie Gifford fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
The fund will seek to meet its objective by investing in a portfolio of common stocks and other equity securities of issuers located in the Peoples Republic of China . Baillie Gifford is traded on NASDAQ Exchange in the United States.

Baillie Gifford Investment Opportunity

Baillie Gifford China has a volatility of 1.82 and is 1.2 times more volatile than NYSE Composite. 15  of all equities and portfolios are less risky than Baillie Gifford. Compared to the overall equity markets, volatility of historical daily returns of Baillie Gifford China is lower than 15 () of all global equities and portfolios over the last 90 days. Use Baillie Gifford China to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The mutual fund experiences a moderate downward daily trend and can be a good diversifier. Check odds of Baillie Gifford to be traded at $11.74 in 90 days.

Average diversification

The correlation between Baillie Gifford China and NYA is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Baillie Gifford China and NYA in the same portfolio, assuming nothing else is changed.

Baillie Gifford Additional Risk Indicators

The analysis of Baillie Gifford's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Baillie Gifford's investment and either accepting that risk or mitigating it. Along with some common measures of Baillie Gifford mutual fund's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Baillie Gifford Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Baillie Gifford as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Baillie Gifford's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Baillie Gifford's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Baillie Gifford China.
Continue to Trending Equities. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for analysis

When running Baillie Gifford China price analysis, check to measure Baillie Gifford'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 Baillie Gifford is operating at the current time. Most of Baillie Gifford's value examination focuses on studying past and present price action to predict the probability of Baillie Gifford's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Baillie Gifford's price. Additionally, you may evaluate how the addition of Baillie Gifford to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Please note, there is a significant difference between Baillie Gifford's value and its price as these two are different measures arrived at by different means. Investors typically determine Baillie Gifford value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baillie Gifford'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.