Blackrock Funds Fund Market Value
| BABSX Fund | USD 9.10 0.01 0.11% |
| Symbol | Blackrock |
Blackrock Funds '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 Funds' 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 Funds.
| 04/17/2024 |
| 05/17/2024 |
If you would invest 0.00 in Blackrock Funds on April 17, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Funds or generate 0.0% return on investment in Blackrock Funds over 30 days. Blackrock Funds is related to or competes with Neuberger Berman, Pimco Rae, and Ab Select. The fund seeks to invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purpose... More
Blackrock Funds 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 Funds' 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 Funds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4523 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 1.82 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.8009 |
Blackrock Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Funds' standard deviation. In reality, there are many statistical measures that can use Blackrock Funds historical prices to predict the future Blackrock Funds' volatility.| Risk Adjusted Performance | 0.0631 | |||
| Jensen Alpha | 0.0119 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.1406 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Funds' 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 Funds Backtested Returns
We consider Blackrock Funds out of control. Blackrock Funds secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Funds , which you can use to evaluate the volatility of the entity. Please confirm Blackrock Funds' risk adjusted performance of 0.0631, and Mean Deviation of 0.3624 to double-check if the risk estimate we provide is consistent with the expected return of 0.076%. The fund shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Funds is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Blackrock Funds has good reverse predictability. Overlapping area represents the amount of predictability between Blackrock Funds time series from 17th of April 2024 to 2nd of May 2024 and 2nd of May 2024 to 17th of May 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 Funds price movement. The serial correlation of -0.51 indicates that about 51.0% of current Blackrock Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackrock Funds lagged returns against current returns
Autocorrelation, which is Blackrock Funds 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 Funds' mutual fund expected returns. We can calculate the autocorrelation of Blackrock Funds returns to help us make a trade decision. For example, suppose you find that Blackrock Funds 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 Funds 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 Funds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Funds 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 Funds mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Funds Lagged Returns
When evaluating Blackrock Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Funds mutual fund have on its future price. Blackrock Funds 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 Funds autocorrelation shows the relationship between Blackrock Funds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Funds .
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.| C | Citigroup | |
| CRM | Salesforce | |
| MSFT | Microsoft |
Check out Blackrock Funds Correlation, Blackrock Funds Volatility and Blackrock Funds Alpha and Beta module to complement your research on Blackrock Funds. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Blackrock Funds 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.