Blackrock 6040 Target Fund Market Value
BKGPX Fund | USD 16.65 0.03 0.18% |
Symbol | Blackrock |
Blackrock 6040 '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 6040'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 Blackrock 6040.
10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Blackrock 6040 on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock 6040 Target or generate 0.0% return on investment in Blackrock 6040 over 30 days. Blackrock 6040 is related to or competes with Blackrock California, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, Blackrock Advantage, and Blackrock Large. The fund, which is a fund of funds, normally obtains exposure to equity securities in an amount equal to 60 percent of i... More
Blackrock 6040 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 6040'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 Blackrock 6040 Target upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.4985 | |||
Information Ratio | (0.22) | |||
Maximum Drawdown | 2.32 | |||
Value At Risk | (0.67) | |||
Potential Upside | 0.799 |
Blackrock 6040 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock 6040's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock 6040's standard deviation. In reality, there are many statistical measures that can use Blackrock 6040 historical prices to predict the future Blackrock 6040's volatility.Risk Adjusted Performance | 0.0433 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.20) | |||
Treynor Ratio | 0.0662 |
Blackrock 6040 Target Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock 6040 Target secures Sharpe Ratio (or Efficiency) of 0.0797, which signifies that the fund had a 0.0797% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock 6040 Target, which you can use to evaluate the volatility of the entity. Please confirm Blackrock 6040's risk adjusted performance of 0.0433, and Mean Deviation of 0.3216 to double-check if the risk estimate we provide is consistent with the expected return of 0.0367%. The fund shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock 6040's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock 6040 is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
Blackrock 6040 Target has good predictability. Overlapping area represents the amount of predictability between Blackrock 6040 time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 6040 Target price movement. The serial correlation of 0.75 indicates that around 75.0% of current Blackrock 6040 price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.75 | |
Spearman Rank Test | -0.16 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Blackrock 6040 Target lagged returns against current returns
Autocorrelation, which is Blackrock 6040 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 Blackrock 6040's mutual fund expected returns. We can calculate the autocorrelation of Blackrock 6040 returns to help us make a trade decision. For example, suppose you find that Blackrock 6040 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 |
Blackrock 6040 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 6040 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock 6040 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock 6040 mutual fund over time.
Current vs Lagged Prices |
Timeline |
Blackrock 6040 Lagged Returns
When evaluating Blackrock 6040's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock 6040 mutual fund have on its future price. Blackrock 6040 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 6040 autocorrelation shows the relationship between Blackrock 6040 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock 6040 Target.
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 Mutual Fund
Blackrock 6040 financial ratios help investors to determine whether Blackrock 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 Blackrock with respect to the benefits of owning Blackrock 6040 security.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |