Baron Health Care Fund Cash And Equivalents
| BHCUX Fund | USD 19.57 0.04 0.20% |
Baron Health Care fundamentals help investors to digest information that contributes to Baron Health's financial success or failures. It also enables traders to predict the movement of Baron Mutual Fund. The fundamental analysis module provides a way to measure Baron Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Baron Health mutual fund.
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Baron Health Care Mutual Fund Cash And Equivalents Analysis
Baron Health's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, Baron Health Care has 0.0 in Cash And Equivalents. This indicator is about the same for the Baron Capital Group average (which is currently at 0.0) family and about the same as Health (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Baron Health
The fund consists of 91.12% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Baron Health's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Baron Fundamentals
| Total Asset | 254.74 M | ||||
| Year To Date Return | 2.73 % | ||||
| One Year Return | 9.15 % | ||||
| Three Year Return | (1.24) % | ||||
| Five Year Return | 13.21 % | ||||
| Net Asset | 15 M | ||||
| Minimum Initial Investment | 5 M | ||||
| Cash Position Weight | 8.88 % | ||||
| Equity Positions Weight | 91.12 % |
About Baron Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baron Health Care's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baron Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baron Health Care based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Baron Health
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 Health 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 Health will appreciate offsetting losses from the drop in the long position's value.Moving together with Baron Mutual Fund
| 0.81 | BREUX | Baron Real Estate | PairCorr |
| 0.85 | BRIUX | Baron Real Estate | PairCorr |
| 0.85 | BRIFX | Baron Real Estate | PairCorr |
| 0.78 | BSCUX | Baron Small Cap | PairCorr |
| 0.88 | BARUX | Baron Asset Fund | PairCorr |
The ability to find closely correlated positions to Baron Health 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 Health 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 Health - 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 Health Care to buy it.
The correlation of Baron Health 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 Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baron Health Care 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 Health 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.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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.