Blackrock Lg Cap Fund Market Value
| MDLRX Fund | USD 21.45 0.01 0.05% |
| Symbol | Blackrock |
Blackrock '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 Blackrock'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 Blackrock.
| 04/11/2024 |
| 06/10/2024 |
If you would invest 0.00 in Blackrock on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Lg Cap or generate 0.0% return on investment in Blackrock over 60 days. Blackrock is related to or competes with Columbia Large, Columbia Dividend, Columbia Balanced, Janus Triton, and Ivy E. The fund seeks to invest at least 80 percent of its net assets plus the amount of any borrowings for investment purposes... More
Blackrock 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 Blackrock'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 Blackrock Lg Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.671 | |||
| Information Ratio | 0.0976 | |||
| Maximum Drawdown | 2.89 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.25 |
Blackrock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock's standard deviation. In reality, there are many statistical measures that can use Blackrock historical prices to predict the future Blackrock's volatility.| Risk Adjusted Performance | 0.0773 | |||
| Jensen Alpha | 0.0705 | |||
| Total Risk Alpha | 0.0689 | |||
| Sortino Ratio | 0.1043 | |||
| Treynor Ratio | 0.083 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock'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.
Blackrock Lg Cap Backtested Returns
We consider Blackrock very steady. Blackrock Lg Cap secures Sharpe Ratio (or Efficiency) of 0.0943, which signifies that the fund had a 0.0943% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Lg Cap, which you can use to evaluate the volatility of the entity. Please confirm Blackrock's mean deviation of 0.5676, and Risk Adjusted Performance of 0.0773 to double-check if the risk estimate we provide is consistent with the expected return of 0.0658%. The fund shows a Beta (market volatility) of 0.93, which signifies possible diversification benefits within a given portfolio. Blackrock returns are very sensitive to returns on the market. As the market goes up or down, Blackrock is expected to follow.
Auto-correlation | 0.06 |
Virtually no predictability
Blackrock Lg Cap has virtually no predictability. Overlapping area represents the amount of predictability between Blackrock time series from 11th of April 2024 to 11th of May 2024 and 11th of May 2024 to 10th of June 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 Blackrock Lg Cap price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Blackrock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Blackrock Lg Cap lagged returns against current returns
Autocorrelation, which is Blackrock 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 Blackrock's mutual fund expected returns. We can calculate the autocorrelation of Blackrock returns to help us make a trade decision. For example, suppose you find that Blackrock 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 |
Blackrock 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 Blackrock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Lagged Returns
When evaluating Blackrock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock mutual fund have on its future price. Blackrock 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, Blackrock autocorrelation shows the relationship between Blackrock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Lg Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Blackrock Mutual Fund
Blackrock financial ratios help investors to determine whether Blackrock Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackrock with respect to the benefits of owning Blackrock security.
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