Blackrock Lfpth Idx Fund Market Value
| LIRAX Fund | USD 14.02 0.10 0.71% |
| Symbol | Blackrock |
Blackrock Lfpth '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 Lfpth'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 Lfpth.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Blackrock Lfpth on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Lfpth Idx or generate 0.0% return on investment in Blackrock Lfpth over 30 days. Blackrock Lfpth is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. The fund allocates and reallocates its assets among a combination of equity and bond index funds and money market funds ... More
Blackrock Lfpth 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 Lfpth'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 Lfpth Idx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3352 | |||
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 1.5 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.5755 |
Blackrock Lfpth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Lfpth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Lfpth's standard deviation. In reality, there are many statistical measures that can use Blackrock Lfpth historical prices to predict the future Blackrock Lfpth's volatility.| Risk Adjusted Performance | 0.0184 | |||
| Jensen Alpha | (0.0008) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | 0.0959 |
Blackrock Lfpth Idx Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Lfpth Idx secures Sharpe Ratio (or Efficiency) of 0.0186, which signifies that the fund had a 0.0186% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Lfpth Idx, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Lfpth's mean deviation of 0.2553, and Risk Adjusted Performance of 0.0184 to double-check if the risk estimate we provide is consistent with the expected return of 0.0062%. The fund shows a Beta (market volatility) of 0.0369, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Lfpth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Lfpth is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Blackrock Lfpth Idx has very good predictability. Overlapping area represents the amount of predictability between Blackrock Lfpth 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 Lfpth Idx price movement. The serial correlation of 0.81 indicates that around 81.0% of current Blackrock Lfpth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackrock Lfpth Idx lagged returns against current returns
Autocorrelation, which is Blackrock Lfpth 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 Lfpth's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Lfpth returns to help us make a trade decision. For example, suppose you find that Blackrock Lfpth 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 Lfpth 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 Lfpth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Lfpth 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 Lfpth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Lfpth Lagged Returns
When evaluating Blackrock Lfpth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Lfpth mutual fund have on its future price. Blackrock Lfpth 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 Lfpth autocorrelation shows the relationship between Blackrock Lfpth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Lfpth Idx.
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 Lfpth 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 Lfpth security.
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