Blackrock Strategic Municipal Fund Probability of Future Mutual Fund Price Finishing Under 10.52
| MKMTX Fund | USD 10.71 0.01 0.09% |
BlackRock |
Blackrock Strategic Target Price Odds to finish below 10.52
The tendency of BlackRock Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 10.52 or more in 90 days |
| 10.71 | 90 days | 10.52 | about 9.96 |
Based on a normal probability distribution, the odds of Blackrock Strategic to drop to $ 10.52 or more in 90 days from now is about 9.96 (This Blackrock Strategic Municipal probability density function shows the probability of BlackRock Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Blackrock Strategic price to stay between $ 10.52 and its current price of $10.71 at the end of the 90-day period is about 81.06 .
Assuming the 90 days horizon Blackrock Strategic Municipal has a beta of -0.0919. This indicates as returns on the benchmark increase, returns on holding Blackrock Strategic are expected to decrease at a much lower rate. During a bear market, however, Blackrock Strategic Municipal is likely to outperform the market. Additionally Blackrock Strategic Municipal has an alpha of 0.0081, implying that it can generate a 0.008094 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Blackrock Strategic Price Density |
| Price |
Predictive Modules for Blackrock Strategic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blackrock Strategic. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Strategic'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 Strategic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blackrock Strategic is not an exception. The market had few large corrections towards the Blackrock Strategic's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Blackrock Strategic Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blackrock Strategic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.42 |
Blackrock Strategic Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Blackrock Strategic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blackrock Strategic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Blackrock Strategic maintains about 8.73% of its assets in bonds |
Blackrock Strategic Technical Analysis
Blackrock Strategic's future price can be derived by breaking down and analyzing its technical indicators over time. BlackRock Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blackrock Strategic Municipal. In general, you should focus on analyzing BlackRock Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Blackrock Strategic Predictive Forecast Models
Blackrock Strategic's time-series forecasting models is one of many Blackrock Strategic's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Blackrock Strategic's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Blackrock Strategic
Checking the ongoing alerts about Blackrock Strategic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blackrock Strategic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of -1.0% | |
| Blackrock Strategic maintains about 8.73% of its assets in bonds |
Other Information on Investing in BlackRock Mutual Fund
Blackrock Strategic 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 Strategic security.
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