Blackrock Commodity Competition

BICSX Fund

USD 11.34 0.13 1.16%

Blackrock Commodity competes with Hartford International, Blackrock Resources, Simt Tax-managed, Blackrock, and Wells Fargo; as well as few others. The fund is listed under Commodities Broad Basket category and is part of BlackRock family. Analyzing Blackrock Commodity competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Blackrock Commodity to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Blackrock Commodity Correlation with its peers.

Blackrock Commodity vs Wells Fargo Correlation

Almost no diversification

The correlation between Blackrock Commodity Strategies and EKWAX is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blackrock Commodity Strategies and EKWAX in the same portfolio, assuming nothing else is changed.

Moving together with Blackrock Mutual Fund

0.87	MKCPX	Blackrock Balanced	Pair Corr
0.8	MKEFX	Blackrock Eurofund Class	Pair Corr
0.88	MKECX	Blackrock Funds	Pair Corr

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Commodity'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.

Hype

Prediction

Low	Estimated	High
10.43	11.34	12.25

Details

Intrinsic

Valuation

Low	Real	High
11.19	12.10	13.01

Details

Naive

Forecast

Low	Next	High
10.58	11.49	12.39

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
9.99	10.68	11.37

Details

Blackrock Commodity Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Blackrock Commodity and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Blackrock and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Blackrock Commodity does not affect the price movement of the other competitor.

	HDVYX	BCX	STMPX	EKWDX	MDLVX	EKWYX	QUSOX	QUSIX	TMMAX	EKWAX
HDVYX		0.93	0.96	0.87	0.96	0.89	0.92	0.93	0.91	0.88	HDVYX
BCX	0.93		0.94	0.89	0.96	0.96	0.86	0.87	0.85	0.94	BCX
STMPX	0.96	0.94		0.86	0.94	0.91	0.93	0.93	0.91	0.9	STMPX
EKWDX	0.87	0.89	0.86		0.94	0.92	0.72	0.72	0.87	0.91	EKWDX
MDLVX	0.96	0.96	0.94	0.94		0.94	0.86	0.86	0.88	0.92	MDLVX
EKWYX	0.89	0.96	0.91	0.92	0.94		0.8	0.8	0.86	0.97	EKWYX
QUSOX	0.92	0.86	0.93	0.72	0.86	0.8		1.0	0.82	0.81	QUSOX
QUSIX	0.93	0.87	0.93	0.72	0.86	0.8	1.0		0.82	0.82	QUSIX
TMMAX	0.91	0.85	0.91	0.87	0.88	0.86	0.82	0.82		0.85	TMMAX
EKWAX	0.88	0.94	0.9	0.91	0.92	0.97	0.81	0.82	0.85		EKWAX
	HDVYX	BCX	STMPX	EKWDX	MDLVX	EKWYX	QUSOX	QUSIX	TMMAX	EKWAX

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Risk-Adjusted Indicators

There is a big difference between Blackrock Mutual Fund performing well and Blackrock Commodity Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Blackrock Commodity's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
HDVYX	0.62	0.09	0.12	0.19	0.48	(0.76)	1.17	(1.09)	6.71
BCX	0.86	0.33	0.31	0.61	0.45	(1.04)	1.98	(1.31)	4.90
STMPX	0.80	0.11	0.12	0.20	0.64	(0.93)	2.18	(1.39)	4.54
EKWDX	1.03	0.39	0.26	1.68	0.48	(1.71)	2.77	(1.31)	7.30
MDLVX	0.58	0.17	0.16	0.72	0.31	(0.69)	1.34	(0.99)	4.87
EKWYX	1.76	0.36	0.12	0.67	2.25	(1.93)	4.69	(4.32)	11.75
QUSOX	0.48	0.06	0.01	0.22	0.44	(0.53)	1.06	(0.88)	2.68
QUSIX	0.49	0.06	0.01	0.22	0.44	(0.57)	1.07	(0.89)	2.64
TMMAX	1.00	0.52	0.79	(6.69)	0.00	(1.32)	0.92	(0.70)	32.53
EKWAX	1.85	0.30	0.08	1.08	2.61	(1.93)	4.68	(4.79)	11.75

Blackrock Commodity Competitive Analysis

The better you understand Blackrock Commodity competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Blackrock Commodity's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Blackrock Commodity's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	BICSX	HDVYX	BCX	STMPX	EKWDX	MDLVX	EKWYX	QUSOX	QUSIX	TMMAX
	1.16 11.34 Blackrock	0.78 15.48 Hartford	1.74 12.31 BlackRock	0.31 25.60 Simt	0.00 117.42 Wells	1.47 32.51 Blackrock	1.50 171.18 Wells	1.49 19.07 Pear	1.50 18.97 Pear	0.33 15.33 Simt
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Out of control	Somewhat reliable
Market Performance (90 Days Performance)	Solid	Good	Strong	Good	Weakest	Solid	Solid	Fair	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Hazard	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Under Valued	Under Valued	Under Valued	Over Valued	Under Valued	Over Valued	Fairly Valued	Under Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Buy	Strong Buy	Buy	Not Rated	Strong Buy	Strong Hold	Strong Hold	Not Rated	Strong Sell
Net Asset	844.36 M	703.69 M	N/A	996.2 M	304.15 M	712.02 M	304.15 M	667.01 M	667.01 M	602.72 M
Minimum Initial Investment	2 M	N/A	N/A	N/A	N/A	N/A	1000 K	N/A	1000 K	100 K
Price To Book	1.61	1.4	N/A	N/A	1.58	1.66	1.58	1.37	1.3	2.47
Five Year Return	12.52	8.04	12.79	7.81	9.61	12.44	27.79	7.15	7.51	11.1
One Year Return	30.71	36.63	35.03	11.96	54.25	18.76	100.0	26.32	27.93	11.61
Last Dividend Paid	0.19	N/A	0.62	0.03	0.28	0.19	0.31	0.53	0.58	0.05
Price To Earning	22.17	16.34	17.87	N/A	33.22	15.28	33.22	11.42	11.97	17.28
Beta	N/A	N/A	1.09	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Price To Sales	1.15	1.0	N/A	N/A	3.5	1.25	3.5	0.59	0.57	1.27
Cash Position Weight	27.85	1.88	N/A	1.38	1.62	1.24	0.99	2.4	7.42	1.54
Equity Positions Weight	47.27	97.87	N/A	98.62	92.97	98.76	94.9	97.04	92.57	98.46
Three Year Return	10.02	16.59	9.14	11.98	33.63	15.44	53.22	13.01	13.28	12.25
Annual Yield	0.0309	0.0239	0.0172	0.007	0.0048	0.0104	0.0149	0.0253	0.0292	0.0109
Year To Date Return	6.47	3.16	8.15	5.38	55.45	3.54	15.15	2.23	1.86	1.59
Bond Positions Weight	22.58	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	5.52	N/A	8.1	-1.75	8.76	-1.59	5.72	6.03	11.5
Day Typical Price	11.34	15.48	12.27	25.6	117.42	32.51	171.18	19.07	18.97	15.33
Accumulation Distribution	N/A	N/A	3932.22	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Daily Balance Of Power	9.2 T	9.2 T	1.615385	9.2 T	0.0	9.2 T	0	9.2 T	9.2 T	9.2 T
Period Momentum Indicator	0.13	0.12	0.21	0.08	N/A	0.47	(2.60)	0.28	0.28	0.05
Rate Of Daily Change	1.01	1.01	1.02	1.0	1.0	1.01	0.99	1.01	1.01	1.0
Day Median Price	11.34	15.48	12.26	25.6	117.42	32.51	171.18	19.07	18.97	15.33
Price Action Indicator	0.065	0.06	0.16	0.04	N/A	0.23	(1.30)	0.14	0.14	0.025
Relative Strength Index	71.25	67.13	78.3	66.33	78.03	65.72	70.27	66.57	66.57	79.39
Coefficient Of Variation	478.77	492.55	261.05	494.09	316.35	365.26	591.79	558.86	554.07	743.37
Mean Deviation	0.8043	0.6236	0.8564	0.8038	1.03	0.5819	1.76	0.4802	0.4854	1.0
Jensen Alpha	0.1748	0.0918	0.3272	0.1082	0.3946	0.1747	0.3638	0.0575	0.0576	0.5197
Total Risk Alpha	0.0711	0.0606	0.2551	0.0699	0.2456	0.1029	0.0967	0.0214	0.0225	0.0179
Sortino Ratio	0.0976	0.1157	0.3064	0.1215	0.2613	0.1648	0.1164	0.0076	0.0097	0.7921
Downside Variance	1.13	0.5455	0.9147	0.8428	1.54	0.4225	7.98	0.3989	0.4238	0.279
Standard Deviation	0.9948	0.9333	1.04	1.07	1.35	0.7711	2.56	0.6084	0.6112	3.88
Kurtosis	(0.02)	12.73	(0.36)	0.6197	0.7966	3.6	2.95	0.2438	0.2558	63.91
Potential Upside	1.64	1.17	1.98	2.18	2.77	1.34	4.69	1.06	1.07	0.9247
Treynor Ratio	0.8103	0.1925	0.6077	0.1986	1.68	0.716	0.6721	0.2247	0.2209	(6.69)
Maximum Drawdown	4.35	6.71	4.9	4.54	7.3	4.87	11.75	2.68	2.64	32.53
Variance	0.9897	0.871	1.07	1.13	1.83	0.5946	6.56	0.3701	0.3736	15.08
Market Risk Adjusted Performance	0.8203	0.2025	0.6177	0.2086	1.69	0.726	0.6821	0.2347	0.2309	(6.68)
Risk Adjusted Performance	0.1568	0.152	0.2858	0.1525	0.238	0.2026	0.1319	0.13	0.1312	0.1074
Skewness	(0.52)	2.29	(0.23)	0.5329	0.4107	0.8899	(0.67)	(0.25)	(0.27)	7.93
Semi Deviation	0.8323	0.4775	0.4471	0.6377	0.4751	0.3059	2.25	0.4439	0.4374	0.0
Information Ratio	0.1043	0.0916	0.2827	0.1047	0.2393	0.1389	0.1284	0.0079	0.0103	0.1077
Value At Risk	(1.47)	(1.09)	(1.31)	(1.39)	(1.31)	(0.99)	(4.32)	(0.88)	(0.89)	(0.70)
Expected Short fall	(0.90)	(0.76)	(1.04)	(0.93)	(1.71)	(0.69)	(1.93)	(0.53)	(0.57)	(1.32)
Downside Deviation	1.06	0.7386	0.9564	0.918	1.24	0.65	2.82	0.6316	0.651	0.5282
Semi Variance	0.6928	0.228	0.1999	0.4067	0.2257	0.0936	5.05	0.197	0.1913	(0.37)

Blackrock Commodity Competition Performance Charts

Five steps to successful analysis of Blackrock Commodity Competition

Blackrock Commodity's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Blackrock Commodity in relation to its competition. Blackrock Commodity's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Blackrock Commodity in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Blackrock Commodity's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Blackrock Commodity, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Blackrock Commodity position

In addition to having Blackrock Commodity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Chemicals Makers

Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 3 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.

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Blackrock Commodity 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 Commodity security.

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Blackrock Commodity Competition

Blackrock Commodity vs Wells Fargo Correlation

Almost no diversification

Moving together with Blackrock Mutual Fund

Specify up to 10 symbols:

Blackrock Commodity Competition Correlation Matrix

Risk-Adjusted Indicators

Blackrock Commodity Competitive Analysis

Blackrock Commodity Competition Performance Charts

Five steps to successful analysis of Blackrock Commodity Competition

Complement your Blackrock Commodity position

Did You Try This Idea?

Run Chemicals Makers Thematic Idea Now

Chemicals Makers

Other Information on Investing in Blackrock Mutual Fund

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