Blackrock Energy And Etf Market Value
| BGR Etf | USD 13.70 0.20 1.48% |
| Symbol | BlackRock |
The market value of BlackRock Energy 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Energy'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 Energy's market value can be influenced by many factors that don't directly affect BlackRock Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Energy'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 Energy '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 Energy'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 Energy.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in BlackRock Energy on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding BlackRock Energy and or generate 0.0% return on investment in BlackRock Energy over 360 days. BlackRock Energy is related to or competes with RiverNorth Flexible, Blackrock Muniholdings, MFS Investment, Munivest Fund, Blackrock Muniholdings, DWS Municipal, and Blackrock Muniholdings. BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc More
BlackRock Energy 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 Energy'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 Energy and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.3 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 1.4 |
BlackRock Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Energy's standard deviation. In reality, there are many statistical measures that can use BlackRock Energy historical prices to predict the future BlackRock Energy's volatility.| Risk Adjusted Performance | 0.0687 | |||
| Jensen Alpha | 0.033 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1463 |
BlackRock Energy Backtested Returns
Currently, BlackRock Energy and is very steady. BlackRock Energy secures Sharpe Ratio (or Efficiency) of 0.0768, which signifies that the etf had a 0.0768% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for BlackRock Energy and, which you can use to evaluate the volatility of the entity. Please confirm BlackRock Energy's mean deviation of 0.7809, and Risk Adjusted Performance of 0.0687 to double-check if the risk estimate we provide is consistent with the expected return of 0.0787%. The etf shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BlackRock Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Energy is expected to be smaller as well.
Auto-correlation | 0.45 |
Average predictability
BlackRock Energy and has average predictability. Overlapping area represents the amount of predictability between BlackRock Energy time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Energy price movement. The serial correlation of 0.45 indicates that just about 45.0% of current BlackRock Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
BlackRock Energy lagged returns against current returns
Autocorrelation, which is BlackRock Energy 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 Energy's etf expected returns. We can calculate the autocorrelation of BlackRock Energy returns to help us make a trade decision. For example, suppose you find that BlackRock Energy 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 Energy 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 Energy etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Energy etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Energy etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Energy Lagged Returns
When evaluating BlackRock Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Energy etf have on its future price. BlackRock Energy 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 Energy autocorrelation shows the relationship between BlackRock Energy etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Energy and.
Regressed Prices |
| Timeline |
Pair Trading with BlackRock Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with BlackRock Etf
Moving against BlackRock Etf
| 0.62 | PT | Pintec Technology | PairCorr |
| 0.62 | WU | Western Union | PairCorr |
| 0.57 | XP | Xp Inc | PairCorr |
| 0.38 | RM | Regional Management Corp | PairCorr |
| 0.37 | RC | Ready Capital Corp | PairCorr |
The ability to find closely correlated positions to BlackRock Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock Energy and to buy it.
The correlation of BlackRock Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BlackRock Etf
BlackRock Energy financial ratios help investors to determine whether BlackRock Etf 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 Energy security.