Blackrock Basic Value Fund Market Value
MDBAX Fund | USD 19.28 0.26 1.37% |
Symbol | Blackrock |
Blackrock Basic '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 Basic'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 Basic.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Blackrock Basic on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Basic Value or generate 0.0% return on investment in Blackrock Basic over 30 days. Blackrock Basic is related to or competes with Blackrock, Blackrock Health, Blackrock High, Blackrock, Blackrock High, Blackrock, and Blackrock High. Under normal circumstances, the fund seeks to invest at least 80 percent of its net assets plus the amount of any borrow... More
Blackrock Basic 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 Basic'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 Basic Value upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.64 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 2.51 | |||
Value At Risk | (0.88) | |||
Potential Upside | 0.884 |
Blackrock Basic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Basic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Basic's standard deviation. In reality, there are many statistical measures that can use Blackrock Basic historical prices to predict the future Blackrock Basic's volatility.Risk Adjusted Performance | 0.1184 | |||
Jensen Alpha | 0.1264 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Basic'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 Basic Value Backtested Returns
We consider Blackrock Basic very steady. Blackrock Basic Value secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Basic Value, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Basic's risk adjusted performance of 0.1184, and Mean Deviation of 0.4316 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock Basic are expected to decrease at a much lower rate. During the bear market, Blackrock Basic is likely to outperform the market.
Auto-correlation | 0.85 |
Very good predictability
Blackrock Basic Value has very good predictability. Overlapping area represents the amount of predictability between Blackrock Basic time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Basic Value price movement. The serial correlation of 0.85 indicates that around 85.0% of current Blackrock Basic price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.85 | |
Spearman Rank Test | 0.75 | |
Residual Average | 0.0 | |
Price Variance | 0.03 |
Blackrock Basic Value lagged returns against current returns
Autocorrelation, which is Blackrock Basic 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 Basic's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Basic returns to help us make a trade decision. For example, suppose you find that Blackrock Basic 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 Basic 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 Basic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Basic 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 Basic mutual fund over time.
Current vs Lagged Prices |
Timeline |
Blackrock Basic Lagged Returns
When evaluating Blackrock Basic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Basic mutual fund have on its future price. Blackrock Basic 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 Basic autocorrelation shows the relationship between Blackrock Basic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Basic Value.
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 Basic 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 Basic's short interest history, or implied volatility extrapolated from Blackrock Basic options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Blackrock Basic Correlation, Blackrock Basic Volatility and Blackrock Basic Alpha and Beta module to complement your research on Blackrock Basic. Note that the Blackrock Basic Value information on this page should be used as a complementary analysis to other Blackrock Basic'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Blackrock Mutual Fund analysis
When running Blackrock Basic's price analysis, check to measure Blackrock Basic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Basic is operating at the current time. Most of Blackrock Basic's value examination focuses on studying past and present price action to predict the probability of Blackrock Basic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Basic's price. Additionally, you may evaluate how the addition of Blackrock Basic to your portfolios can decrease your overall portfolio volatility.
Stocks Directory Find actively traded stocks across global markets | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
Blackrock Basic 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.