Blackrock Lifepth Idx Fund Market Value
| LIRKX Fund | USD 13.98 0.06 0.43% |
| Symbol | Blackrock |
Blackrock Lifepth '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 Lifepth'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 Lifepth.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Blackrock Lifepth on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Lifepth Idx or generate 0.0% return on investment in Blackrock Lifepth over 330 days. Blackrock Lifepth 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 Lifepth 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 Lifepth'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 Lifepth Idx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3303 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.43 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.5751 |
Blackrock Lifepth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Lifepth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Lifepth's standard deviation. In reality, there are many statistical measures that can use Blackrock Lifepth historical prices to predict the future Blackrock Lifepth's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | (0.55) |
Blackrock Lifepth Idx Backtested Returns
Blackrock Lifepth Idx secures Sharpe Ratio (or Efficiency) of -0.0019, which signifies that the fund had a -0.0019% return per unit of standard deviation over the last 3 months. Blackrock Lifepth Idx exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Lifepth's risk adjusted performance of (0.01), and Mean Deviation of 0.2623 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0153, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Lifepth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Lifepth is expected to be smaller as well.
Auto-correlation | 0.49 |
Average predictability
Blackrock Lifepth Idx has average predictability. Overlapping area represents the amount of predictability between Blackrock Lifepth time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Lifepth Idx price movement. The serial correlation of 0.49 indicates that about 49.0% of current Blackrock Lifepth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Blackrock Lifepth Idx lagged returns against current returns
Autocorrelation, which is Blackrock Lifepth 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 Lifepth's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Lifepth returns to help us make a trade decision. For example, suppose you find that Blackrock Lifepth 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 Lifepth 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 Lifepth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Lifepth 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 Lifepth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Lifepth Lagged Returns
When evaluating Blackrock Lifepth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Lifepth mutual fund have on its future price. Blackrock Lifepth 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 Lifepth autocorrelation shows the relationship between Blackrock Lifepth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Lifepth 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 Lifepth 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 Lifepth security.
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