Blackrock Bond Index Fund Market Value
| BMOAX Fund | USD 9.02 0.01 0.11% |
| Symbol | Blackrock |
Blackrock Bond '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 Bond'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 Bond.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Blackrock Bond on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Bond Index or generate 0.0% return on investment in Blackrock Bond over 30 days. Blackrock Bond is related to or competes with Invesco Convertible, Invesco Convertible, Miller Convertible, Putnam Convertible, Lord Abbett, Harbor Convertible, and Franklin Convertible. The fund is a feeder fund that invests all of its assets in the Master Portfolio of MIP, which has the same investment o... More
Blackrock Bond 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 Bond'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 Bond Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.52) | |||
| Maximum Drawdown | 1.23 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.4386 |
Blackrock Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Bond's standard deviation. In reality, there are many statistical measures that can use Blackrock Bond historical prices to predict the future Blackrock Bond's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.48) |
Blackrock Bond Index Backtested Returns
Blackrock Bond Index secures Sharpe Ratio (or Efficiency) of -0.0487, which signifies that the fund had a -0.0487% return per unit of standard deviation over the last 3 months. Blackrock Bond Index exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Bond's mean deviation of 0.225, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0723, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Bond is expected to be smaller as well.
Auto-correlation | 0.55 |
Modest predictability
Blackrock Bond Index has modest predictability. Overlapping area represents the amount of predictability between Blackrock Bond 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 Bond Index price movement. The serial correlation of 0.55 indicates that about 55.0% of current Blackrock Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackrock Bond Index lagged returns against current returns
Autocorrelation, which is Blackrock Bond 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 Bond's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Bond returns to help us make a trade decision. For example, suppose you find that Blackrock Bond 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 Bond 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 Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Bond 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 Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Bond Lagged Returns
When evaluating Blackrock Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Bond mutual fund have on its future price. Blackrock Bond 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 Bond autocorrelation shows the relationship between Blackrock Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Bond Index.
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 Bond 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 Bond security.
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