Blackrock International Growth Fund Market Value
| BGY Fund | USD 5.68 0.05 0.89% |
| Symbol | Blackrock |
Blackrock International '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 International's fund 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 International.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Blackrock International on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock International Growth or generate 0.0% return on investment in Blackrock International over 30 days. Blackrock International is related to or competes with Eaton Vance, Blackrock Muniholdings, DTF Tax, Eaton Vance, Eaton Vance, Eaton Vance, and Eaton Vance. BlackRock Enhanced International Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc More
Blackrock International 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 International's fund 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 International Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.63 |
Blackrock International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock International's standard deviation. In reality, there are many statistical measures that can use Blackrock International historical prices to predict the future Blackrock International's volatility.| Risk Adjusted Performance | 0.0291 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0498 |
Blackrock International Backtested Returns
At this stage we consider Blackrock Fund to be not too volatile. Blackrock International secures Sharpe Ratio (or Efficiency) of 0.0075, which signifies that the fund had a 0.0075% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Blackrock International Growth, which you can use to evaluate the volatility of the entity. Please confirm Blackrock International's risk adjusted performance of 0.0291, and Mean Deviation of 0.721 to double-check if the risk estimate we provide is consistent with the expected return of 0.0072%. The fund shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock International is expected to be smaller as well.
Auto-correlation | -0.24 |
Weak reverse predictability
Blackrock International Growth has weak reverse predictability. Overlapping area represents the amount of predictability between Blackrock International time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 International price movement. The serial correlation of -0.24 indicates that over 24.0% of current Blackrock International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Blackrock International lagged returns against current returns
Autocorrelation, which is Blackrock International fund'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 International's fund expected returns. We can calculate the autocorrelation of Blackrock International returns to help us make a trade decision. For example, suppose you find that Blackrock International has exhibited high autocorrelation historically, and you observe that the fund 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 International 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 International fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock International fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock International fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock International Lagged Returns
When evaluating Blackrock International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock International fund have on its future price. Blackrock International 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 International autocorrelation shows the relationship between Blackrock International fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock International Growth.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Blackrock Fund
Blackrock International financial ratios help investors to determine whether Blackrock 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 International security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets |