We consider BlackRock ICS not too risky. BlackRock ICS Sterling
secures Sharpe Ratio (or Efficiency) of 0.3166 which signifies that BlackRock ICS Sterling
had 0.3166% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a fund is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for BlackRock ICS Sterling Liq Agency Acc which you can use to evaluate future volatility of the entity. Please confirm BlackRock ICS Sterling to double-check if risk estimate we provide are consistent with the epected return of 0.0043%. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BlackRock ICS are completely uncorrelated. Although it is extremely important to respect BlackRock ICS Sterling
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing BlackRock ICS Sterling technical indicators
you can presently evaluate if the expected return of 0.0043% will be sustainable into the future.
|15 days auto-correlation|| 0.50 |
BlackRock ICS Sterling Liq Agency Acc has modest predictability. Overlapping area represents the amount of predictability between BlackRock ICS time series from June 23, 2018 to July 8, 2018 and July 8, 2018 to July 23, 2018. 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 ICS Sterling price movement. The serial correlation of 0.5 indicates that about 50.0% of current BlackRock ICS price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.5|
|Spearman Rank Test|| 0.7|
|Price Variance|| 2.24|
|Lagged Price Variance|| 1.36|