Baron Health Care Fund Quote
| BHCUX Fund | USD 19.29 0.10 0.52% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Baron Health is trading at 19.29 as of the 19th of April 2024; that is -0.52 percent down since the beginning of the trading day. The fund's open price was 19.39. Baron Health has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Baron Health Care are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities in the form of common stock of companies engaged in the research, development, production, sale, delivery or distribution of products and services related to the health care industry. More on Baron Health Care
Moving together with Baron Mutual Fund
| 0.82 | BREUX | Baron Real Estate | PairCorr |
| 0.75 | BRIUX | Baron Real Estate | PairCorr |
| 0.75 | BRIFX | Baron Real Estate | PairCorr |
| 0.85 | BSCUX | Baron Small Cap | PairCorr |
| 0.88 | BARUX | Baron Asset Fund | PairCorr |
| 0.85 | BDAUX | Baron Durable Advantage | PairCorr |
| 0.82 | BDFUX | Baron Discovery | PairCorr |
Baron Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Baron Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Baron Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Baron Capital Group Funds, Large Growth Funds, Health Funds, Health, Baron Capital Group, Large, Health (View all Sectors) |
| Update Date | 31st of March 2024 |
Baron Health Care [BHCUX] is traded in USA and was established 19th of April 2024. Baron Health is listed under Baron Capital Group category by Fama And French industry classification. The fund is listed under Health category and is part of Baron Capital Group family. This fund currently has accumulated 15 M in assets under management (AUM) with minimum initial investment of 5 M. Baron Health Care is currently producing year-to-date (YTD) return of 3.25%, while the total return for the last 3 years was 1.54%.
Check Baron Health Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Baron Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Baron Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Baron Health Care Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Baron Health Care Mutual Fund Constituents
| PODD | Insulet | Stock | Health Care |
| IDXX | IDEXX Laboratories | Stock | Health Care |
| BSX | Boston Scientific Corp | Stock | Health Care |
| ISRG | Intuitive Surgical | Stock | Health Care |
| DXCM | DexCom Inc | Stock | Health Care |
| ARGX | argenx NV ADR | Stock | Health Care |
| VRTX | Vertex Pharmaceuticals | Stock | Health Care |
Baron Health Target Price Odds Analysis
Based on a normal probability distribution, the odds of Baron Health jumping above the current price in 90 days from now is under 95%. The Baron Health Care probability density function shows the probability of Baron Health mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Baron Health has a beta of 0.9774 suggesting Baron Health Care market returns are sensitive to returns on the market. As the market goes up or down, Baron Health is expected to follow. Additionally, baron Health Care has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Baron Health to move above the current price in 90 days from now is under 95 (This Baron Health Care probability density function shows the probability of Baron Mutual Fund to fall within a particular range of prices over 90 days) .
Baron Health Care Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Baron Health market risk premium is the additional return an investor will receive from holding Baron Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Baron Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Baron Health's alpha and beta are two of the key measurements used to evaluate Baron Health's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6291 | |||
| Semi Deviation | 0.7801 | |||
| Standard Deviation | 0.8061 | |||
| Variance | 0.6498 |
Baron Health Against Markets
Picking the right benchmark for Baron Health mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Baron Health mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Baron Health is critical whether you are bullish or bearish towards Baron Health Care at a given time. Please also check how Baron Health's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Baron Health 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.Did you try this?
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| All Next | Launch Module |
How to buy Baron Mutual Fund?
Before investing in Baron Health, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Baron Health. To buy Baron Health fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Baron Health. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Baron Health fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Baron Health Care fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Baron Health Care fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Baron Health Care, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Baron Health Care?
The danger of trading Baron Health Care is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Baron Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Baron Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Baron Health Care is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baron Health Care. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.