Blackrock Smallmid Cap Fund Market Value
| BSMAX Fund | USD 18.36 0.09 0.49% |
| Symbol | Blackrock |
Blackrock Small/mid '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 Small/mid'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 Small/mid.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Blackrock Small/mid on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Smallmid Cap or generate 0.0% return on investment in Blackrock Small/mid over 180 days. Blackrock Small/mid is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. The fund seeks to track the investment results of the Russell 2500 Index, which measures the performance of the small to... More
Blackrock Small/mid 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 Small/mid'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 Smallmid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9339 | |||
| Information Ratio | 0.0298 | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.7 |
Blackrock Small/mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Small/mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Small/mid's standard deviation. In reality, there are many statistical measures that can use Blackrock Small/mid historical prices to predict the future Blackrock Small/mid's volatility.| Risk Adjusted Performance | 0.1184 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0339 | |||
| Treynor Ratio | 0.1196 |
Blackrock Smallmid Cap Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Smallmid Cap secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Smallmid Cap, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Small/mid's mean deviation of 0.7657, and Risk Adjusted Performance of 0.1184 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. The fund shows a Beta (market volatility) of 1.26, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blackrock Small/mid will likely underperform.
Auto-correlation | 0.51 |
Modest predictability
Blackrock Smallmid Cap has modest predictability. Overlapping area represents the amount of predictability between Blackrock Small/mid time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Smallmid Cap price movement. The serial correlation of 0.51 indicates that about 51.0% of current Blackrock Small/mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Blackrock Smallmid Cap lagged returns against current returns
Autocorrelation, which is Blackrock Small/mid 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 Small/mid's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Small/mid returns to help us make a trade decision. For example, suppose you find that Blackrock Small/mid 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 Small/mid 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 Small/mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Small/mid 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 Small/mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Small/mid Lagged Returns
When evaluating Blackrock Small/mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Small/mid mutual fund have on its future price. Blackrock Small/mid 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 Small/mid autocorrelation shows the relationship between Blackrock Small/mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Smallmid Cap.
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 Small/mid 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 Small/mid security.
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