Blackrock Multi Manager Alt Fund Market Value
| BMMCX Fund | USD 1.00 0.00 0.00% |
| Symbol | Blackrock |
Blackrock Multi-manager '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 Multi-manager'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 Multi-manager.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Blackrock Multi-manager on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Multi Manager Alt or generate 0.0% return on investment in Blackrock Multi-manager over 180 days. Blackrock Multi-manager is related to or competes with Royce Opportunity, Pace Small/medium, Hennessy Cornerstone, Ultrasmall-cap Profund, Amg River, Vanguard Small-cap, and Mid-cap Value. The fund seeks to achieve its investment objective by allocating to multiple affiliated and unaffiliated investment mana... More
Blackrock Multi-manager 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 Multi-manager'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 Multi Manager Alt upside and downside potential and time the market with a certain degree of confidence.
Blackrock Multi-manager Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Multi-manager's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Multi-manager's standard deviation. In reality, there are many statistical measures that can use Blackrock Multi-manager historical prices to predict the future Blackrock Multi-manager's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Multi-manager's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blackrock Multi Manager Backtested Returns
We have found three technical indicators for Blackrock Multi Manager Alt, which you can use to evaluate the volatility of the entity. The fund shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Blackrock Multi-manager are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Blackrock Multi Manager Alt has no correlation between past and present. Overlapping area represents the amount of predictability between Blackrock Multi-manager time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Blackrock Multi Manager price movement. The serial correlation of 0.0 indicates that just 0.0% of current Blackrock Multi-manager price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackrock Multi Manager lagged returns against current returns
Autocorrelation, which is Blackrock Multi-manager 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 Multi-manager's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Multi-manager returns to help us make a trade decision. For example, suppose you find that Blackrock Multi-manager 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 Multi-manager 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 Multi-manager mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Multi-manager 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 Multi-manager mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Multi-manager Lagged Returns
When evaluating Blackrock Multi-manager's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Multi-manager mutual fund have on its future price. Blackrock Multi-manager 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 Multi-manager autocorrelation shows the relationship between Blackrock Multi-manager mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Multi Manager Alt.
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 Multi-manager 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 Multi-manager security.
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