Blackrock Floating Rate Etf Market Value
| BGT Etf | USD 12.99 0.03 0.23% |
| Symbol | BlackRock |
The market value of BlackRock Floating Rate 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 Floating's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Floating'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 Floating's market value can be influenced by many factors that don't directly affect BlackRock Floating'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 Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Floating'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 Floating '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 Floating'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 Floating.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in BlackRock Floating on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Floating Rate or generate 0.0% return on investment in BlackRock Floating over 30 days. BlackRock Floating is related to or competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, Federated Premier, Blackrock Muniholdings, and MFS High. BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc More
BlackRock Floating 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 Floating'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 Floating Rate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5959 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.83 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.19 |
BlackRock Floating Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Floating's standard deviation. In reality, there are many statistical measures that can use BlackRock Floating historical prices to predict the future BlackRock Floating's volatility.| Risk Adjusted Performance | 0.0792 | |||
| Jensen Alpha | 0.0501 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.7992 |
BlackRock Floating Rate Backtested Returns
Currently, BlackRock Floating Rate is very steady. BlackRock Floating Rate secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for BlackRock Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm BlackRock Floating's mean deviation of 0.5373, and Risk Adjusted Performance of 0.0792 to double-check if the risk estimate we provide is consistent with the expected return of 0.0809%. The etf shows a Beta (market volatility) of 0.0739, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Floating is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
BlackRock Floating Rate has very weak predictability. Overlapping area represents the amount of predictability between BlackRock Floating time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Floating Rate price movement. The serial correlation of 0.18 indicates that over 18.0% of current BlackRock Floating price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BlackRock Floating Rate lagged returns against current returns
Autocorrelation, which is BlackRock Floating 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 Floating's etf expected returns. We can calculate the autocorrelation of BlackRock Floating returns to help us make a trade decision. For example, suppose you find that BlackRock Floating 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 Floating 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 Floating etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Floating etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Floating etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Floating Lagged Returns
When evaluating BlackRock Floating's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Floating etf have on its future price. BlackRock Floating 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 Floating autocorrelation shows the relationship between BlackRock Floating etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Floating Rate.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in BlackRock Etf
BlackRock Floating 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 Floating security.