Blackrock Long Term Equity Etf Market Value
| BELT Etf | 30.66 0.16 0.52% |
| Symbol | BlackRock |
The market value of BlackRock Long Term is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock Long's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock Long's market value can be influenced by many factors that don't directly affect BlackRock Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BlackRock Long '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 Long's etf 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 Long.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in BlackRock Long on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Long Term Equity or generate 0.0% return on investment in BlackRock Long over 60 days. BlackRock Long is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Dividend, Vanguard Large, Invesco SP, and IShares Russell. BlackRock Long is entity of United States More
BlackRock Long 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 Long's etf 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 Long Term Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.96 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.22 |
BlackRock Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Long's standard deviation. In reality, there are many statistical measures that can use BlackRock Long historical prices to predict the future BlackRock Long's volatility.| Risk Adjusted Performance | 0.0546 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0634 |
BlackRock Long Term Backtested Returns
Currently, BlackRock Long Term Equity is very steady. BlackRock Long Term secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for BlackRock Long Term Equity, which you can use to evaluate the volatility of the entity. Please confirm BlackRock Long's mean deviation of 0.7087, and Risk Adjusted Performance of 0.0546 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The etf shows a Beta (market volatility) of 0.88, which signifies possible diversification benefits within a given portfolio. BlackRock Long returns are very sensitive to returns on the market. As the market goes up or down, BlackRock Long is expected to follow.
Auto-correlation | 0.24 |
Weak predictability
BlackRock Long Term Equity has weak predictability. Overlapping area represents the amount of predictability between BlackRock Long time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th of November 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 Long Term price movement. The serial correlation of 0.24 indicates that over 24.0% of current BlackRock Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
BlackRock Long Term lagged returns against current returns
Autocorrelation, which is BlackRock Long etf'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 Long's etf expected returns. We can calculate the autocorrelation of BlackRock Long returns to help us make a trade decision. For example, suppose you find that BlackRock Long has exhibited high autocorrelation historically, and you observe that the etf 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 Long 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 Long etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Long etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Long etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Long Lagged Returns
When evaluating BlackRock Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Long etf have on its future price. BlackRock Long 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 Long autocorrelation shows the relationship between BlackRock Long etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Long Term Equity.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out BlackRock Long Correlation, BlackRock Long Volatility and BlackRock Long Alpha and Beta module to complement your research on BlackRock Long. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
BlackRock Long technical etf 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, etf market cycles, or different charting patterns.