Blkrk Lc Cr Fund Market Value
| BILPX Fund | USD 10.27 0.01 0.1% |
| Symbol | Blkrk |
Blkrk Lc '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 Blkrk Lc's mutual 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 Blkrk Lc.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Blkrk Lc on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Blkrk Lc Cr or generate 0.0% return on investment in Blkrk Lc over 30 days. Blkrk Lc is related to or competes with Blackrock Alternative, Calamos Market, Blackrock Global, Blckrk Lc, and Jpmorgan Hedged. Normally, the fund invests at least 80 percent of its net assets in equity securities and related derivative instruments... More
Blkrk Lc 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 Blkrk Lc's mutual 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 Blkrk Lc Cr upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2483 | |||
| Information Ratio | (0.71) | |||
| Maximum Drawdown | 0.8825 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.1972 |
Blkrk Lc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blkrk Lc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blkrk Lc's standard deviation. In reality, there are many statistical measures that can use Blkrk Lc historical prices to predict the future Blkrk Lc's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.54) | |||
| Treynor Ratio | (0.03) |
Blkrk Lc Cr Backtested Returns
At this stage we consider Blkrk Mutual Fund to be very steady. Blkrk Lc Cr secures Sharpe Ratio (or Efficiency) of 0.0517, which signifies that the fund had a 0.0517% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Blkrk Lc Cr, which you can use to evaluate the volatility of the entity. Please confirm Blkrk Lc's Risk Adjusted Performance of (0.01), downside deviation of 0.2483, and Mean Deviation of 0.1333 to double-check if the risk estimate we provide is consistent with the expected return of 0.0093%. The fund shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blkrk Lc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blkrk Lc is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Blkrk Lc Cr has good predictability. Overlapping area represents the amount of predictability between Blkrk Lc time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Blkrk Lc Cr price movement. The serial correlation of 0.67 indicates that around 67.0% of current Blkrk Lc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blkrk Lc Cr lagged returns against current returns
Autocorrelation, which is Blkrk Lc mutual 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 Blkrk Lc's mutual fund expected returns. We can calculate the autocorrelation of Blkrk Lc returns to help us make a trade decision. For example, suppose you find that Blkrk Lc has exhibited high autocorrelation historically, and you observe that the mutual 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 |
Blkrk Lc 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 Blkrk Lc mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blkrk Lc mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blkrk Lc mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blkrk Lc Lagged Returns
When evaluating Blkrk Lc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blkrk Lc mutual fund have on its future price. Blkrk Lc 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, Blkrk Lc autocorrelation shows the relationship between Blkrk Lc mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blkrk Lc Cr.
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 Blkrk Mutual Fund
Blkrk Lc financial ratios help investors to determine whether Blkrk 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 Blkrk with respect to the benefits of owning Blkrk Lc security.
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