Blackrock Developed Real Fund Market Value
| BKRDX Fund | USD 8.75 0.10 1.16% |
| Symbol | Blackrock |
Blackrock Developed '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 Developed'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 Developed.
| 06/28/2023 |
| 04/23/2024 |
If you would invest 0.00 in Blackrock Developed on June 28, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Developed Real or generate 0.0% return on investment in Blackrock Developed over 300 days. Blackrock Developed is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Emerging, Blackrock Equity, Blackrock Advantage, and Blackrock Large. The fund seeks to track the investment results of the FTSE EPRANAREIT Developed Index, which measures the stock performa... More
Blackrock Developed 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 Developed'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 Developed Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 5.33 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.11 |
Blackrock Developed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Developed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Developed's standard deviation. In reality, there are many statistical measures that can use Blackrock Developed historical prices to predict the future Blackrock Developed's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Developed'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 Developed Real Backtested Returns
Blackrock Developed Real secures Sharpe Ratio (or Efficiency) of -0.0496, which signifies that the fund had a -0.0496% return per unit of standard deviation over the last 3 months. Blackrock Developed Real exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Developed's risk adjusted performance of (0.04), and Mean Deviation of 0.7021 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.18, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blackrock Developed will likely underperform.
Auto-correlation | 0.11 |
Insignificant predictability
Blackrock Developed Real has insignificant predictability. Overlapping area represents the amount of predictability between Blackrock Developed time series from 28th of June 2023 to 25th of November 2023 and 25th of November 2023 to 23rd of April 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 Developed Real price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Blackrock Developed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Blackrock Developed Real lagged returns against current returns
Autocorrelation, which is Blackrock Developed 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 Developed's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Developed returns to help us make a trade decision. For example, suppose you find that Blackrock Developed 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 Developed 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 Developed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Developed 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 Developed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Developed Lagged Returns
When evaluating Blackrock Developed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Developed mutual fund have on its future price. Blackrock Developed 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 Developed autocorrelation shows the relationship between Blackrock Developed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Developed Real.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blackrock Developed in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blackrock Developed's short interest history, or implied volatility extrapolated from Blackrock Developed options trading.
Pair Trading with Blackrock Developed
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 Blackrock Developed 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 Blackrock Developed will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Blackrock Developed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Developed 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 Blackrock Developed - 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 Blackrock Developed Real to buy it.
The correlation of Blackrock Developed 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 Blackrock Developed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Developed Real 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 Blackrock Developed 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 Blackrock Developed Correlation, Blackrock Developed Volatility and Blackrock Developed Alpha and Beta module to complement your research on Blackrock Developed. Note that the Blackrock Developed Real information on this page should be used as a complementary analysis to other Blackrock Developed'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 the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Blackrock Developed 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.