Blackrock Total Return Etf Market Value
| BRTR Etf | USD 50.25 0.02 0.04% |
| Symbol | BlackRock |
The market value of BlackRock Total Return 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 Total's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Total'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 Total's market value can be influenced by many factors that don't directly affect BlackRock Total'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 Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Total'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 Total '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 Total'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 Total.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in BlackRock Total on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding BlackRock Total Return or generate 0.0% return on investment in BlackRock Total over 570 days. BlackRock Total is related to or competes with First Trust, Vanguard Intermediate, Vanguard Long, Vanguard Short, IDX Dynamic, First Trust, and Neuberger Berman. BlackRock Total is entity of United States More
BlackRock Total 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 Total'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 Total Return upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.59) | |||
| Maximum Drawdown | 1.19 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.4319 |
BlackRock Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Total's standard deviation. In reality, there are many statistical measures that can use BlackRock Total historical prices to predict the future BlackRock Total's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.6014 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlackRock Total'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 Total Return Backtested Returns
BlackRock Total Return secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the etf had a -0.12% return per unit of standard deviation over the last 3 months. BlackRock Total Return exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock Total's risk adjusted performance of (0.09), and Mean Deviation of 0.1975 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.0593, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BlackRock Total are expected to decrease at a much lower rate. During the bear market, BlackRock Total is likely to outperform the market.
Auto-correlation | -0.09 |
Very weak reverse predictability
BlackRock Total Return has very weak reverse predictability. Overlapping area represents the amount of predictability between BlackRock Total time series from 4th of May 2023 to 13th of February 2024 and 13th of February 2024 to 24th 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 Total Return price movement. The serial correlation of -0.09 indicates that less than 9.0% of current BlackRock Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
BlackRock Total Return lagged returns against current returns
Autocorrelation, which is BlackRock Total 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 Total's etf expected returns. We can calculate the autocorrelation of BlackRock Total returns to help us make a trade decision. For example, suppose you find that BlackRock Total 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 Total 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 Total etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Total etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Total etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Total Lagged Returns
When evaluating BlackRock Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Total etf have on its future price. BlackRock Total 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 Total autocorrelation shows the relationship between BlackRock Total etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Total Return.
Regressed Prices |
| Timeline |
Pair Trading with BlackRock Total
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock Total position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock Total will appreciate offsetting losses from the drop in the long position's value.Moving together with BlackRock Etf
| 1.0 | IUSB | iShares Core Total | PairCorr |
| 1.0 | FIXD | First Trust TCW | PairCorr |
| 1.0 | FBND | Fidelity Total Bond | PairCorr |
| 0.97 | TOTL | SPDR DoubleLine Total | PairCorr |
| 1.0 | HTRB | Hartford Total Return | PairCorr |
Moving against BlackRock Etf
| 0.89 | RSPY | Tuttle Capital Management | PairCorr |
| 0.87 | MEME | Roundhill Investments | PairCorr |
| 0.85 | DSJA | DSJA | PairCorr |
| 0.63 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.52 | T | ATT Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to BlackRock Total could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock Total when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock Total - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock Total Return to buy it.
The correlation of BlackRock Total is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock Total moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Total Return moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock Total can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out BlackRock Total Correlation, BlackRock Total Volatility and BlackRock Total Alpha and Beta module to complement your research on BlackRock Total. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
BlackRock Total 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.