Blackrock Etf Trust Etf Market Value
| BINC Etf | 52.64 0.03 0.06% |
| Symbol | BlackRock |
The market value of BlackRock ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is BlackRock ETF'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 ETF's market value can be influenced by many factors that don't directly affect BlackRock ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock ETF'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 ETF '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 ETF'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 ETF.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in BlackRock ETF on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock ETF Trust or generate 0.0% return on investment in BlackRock ETF over 30 days. BlackRock ETF is related to or competes with BlackRock ETF, Aris Water, and Pacer Cash. BlackRock ETF is entity of United States More
BlackRock ETF 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 ETF'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 ETF Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1258 | |||
| Information Ratio | (0.84) | |||
| Maximum Drawdown | 0.5716 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.1719 |
BlackRock ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock ETF's standard deviation. In reality, there are many statistical measures that can use BlackRock ETF historical prices to predict the future BlackRock ETF's volatility.| Risk Adjusted Performance | 0.0093 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.79) | |||
| Treynor Ratio | (0.01) |
BlackRock ETF Trust Backtested Returns
At this point, BlackRock ETF is very steady. BlackRock ETF Trust secures Sharpe Ratio (or Efficiency) of 0.0741, which signifies that the etf had a 0.0741% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for BlackRock ETF Trust, which you can use to evaluate the volatility of the entity. Please confirm BlackRock ETF's risk adjusted performance of 0.0093, and Mean Deviation of 0.0924 to double-check if the risk estimate we provide is consistent with the expected return of 0.0084%. The etf shows a Beta (market volatility) of 0.0147, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock ETF is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
BlackRock ETF Trust has poor predictability. Overlapping area represents the amount of predictability between BlackRock ETF time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 ETF Trust price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current BlackRock ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BlackRock ETF Trust lagged returns against current returns
Autocorrelation, which is BlackRock ETF 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 ETF's etf expected returns. We can calculate the autocorrelation of BlackRock ETF returns to help us make a trade decision. For example, suppose you find that BlackRock ETF 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 ETF 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 ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock ETF etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock ETF Lagged Returns
When evaluating BlackRock ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock ETF etf have on its future price. BlackRock ETF 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 ETF autocorrelation shows the relationship between BlackRock ETF etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock ETF Trust.
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.When determining whether BlackRock ETF Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Etf Trust Etf. Highlighted below are key reports to facilitate an investment decision about Blackrock Etf Trust Etf:Check out BlackRock ETF Correlation, BlackRock ETF Volatility and BlackRock ETF Alpha and Beta module to complement your research on BlackRock ETF. For information on how to trade BlackRock Etf refer to our How to Trade BlackRock Etf guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
BlackRock ETF 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.