Blackrock 4060 Target Fund Market Value
| BKMPX Fund | USD 13.85 0.11 0.80% |
| Symbol | Blackrock |
Blackrock 4060 '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 4060'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 4060.
| 01/18/2024 |
| 01/07/2026 |
If you would invest 0.00 in Blackrock 4060 on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock 4060 Target or generate 0.0% return on investment in Blackrock 4060 over 720 days. Blackrock 4060 is related to or competes with Europac Gold, Oppenheimer Gold, Goldman Sachs, International Investors, Gabelli Gold, and First Eagle. The fund, which is a fund of funds, normally obtains exposure to equity securities in an amount equal to 40 percent of i... More
Blackrock 4060 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 4060'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 4060 Target upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.4 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.6978 |
Blackrock 4060 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock 4060's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock 4060's standard deviation. In reality, there are many statistical measures that can use Blackrock 4060 historical prices to predict the future Blackrock 4060's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.10) |
Blackrock 4060 Target Backtested Returns
Blackrock 4060 Target secures Sharpe Ratio (or Efficiency) of -0.0583, which signifies that the fund had a -0.0583 % return per unit of standard deviation over the last 3 months. Blackrock 4060 Target exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock 4060's risk adjusted performance of (0.04), and Mean Deviation of 0.3864 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock 4060's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock 4060 is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Blackrock 4060 Target has excellent predictability. Overlapping area represents the amount of predictability between Blackrock 4060 time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th of January 2026. 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 4060 Target price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Blackrock 4060 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Blackrock 4060 Target lagged returns against current returns
Autocorrelation, which is Blackrock 4060 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 4060's mutual fund expected returns. We can calculate the autocorrelation of Blackrock 4060 returns to help us make a trade decision. For example, suppose you find that Blackrock 4060 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 4060 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 4060 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock 4060 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 4060 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock 4060 Lagged Returns
When evaluating Blackrock 4060's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock 4060 mutual fund have on its future price. Blackrock 4060 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 4060 autocorrelation shows the relationship between Blackrock 4060 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock 4060 Target.
Regressed Prices |
| Timeline |
Also Currently Popular
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Other Information on Investing in Blackrock Mutual Fund
Blackrock 4060 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 4060 security.
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