Blackrock Gbl Alloc Fund Market Value
| MALOX Fund | USD 19.80 0.06 0.30% |
| Symbol | Blackrock |
Blackrock Gbl '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 Gbl'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 Gbl.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Blackrock Gbl on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Gbl Alloc or generate 0.0% return on investment in Blackrock Gbl over 30 days. Blackrock Gbl is related to or competes with Barings Active, Vanguard Short-term, Federated Short-intermedia, Aqr Long-short, Maryland Short, and Quantitative. The fund invests in a portfolio of equity, debt and money market securities More
Blackrock Gbl 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 Gbl'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 Gbl Alloc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.543 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.26 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.8235 |
Blackrock Gbl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Gbl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Gbl's standard deviation. In reality, there are many statistical measures that can use Blackrock Gbl historical prices to predict the future Blackrock Gbl's volatility.| Risk Adjusted Performance | 0.0273 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.5888 |
Blackrock Gbl Alloc Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Gbl Alloc secures Sharpe Ratio (or Efficiency) of 0.0573, which signifies that the fund had a 0.0573% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Gbl Alloc, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Gbl's risk adjusted performance of 0.0273, and Mean Deviation of 0.3811 to double-check if the risk estimate we provide is consistent with the expected return of 0.0287%. The fund shows a Beta (market volatility) of 0.0191, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Gbl's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Gbl is expected to be smaller as well.
Auto-correlation | 0.91 |
Excellent predictability
Blackrock Gbl Alloc has excellent predictability. Overlapping area represents the amount of predictability between Blackrock Gbl 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 Gbl Alloc price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Blackrock Gbl price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Blackrock Gbl Alloc lagged returns against current returns
Autocorrelation, which is Blackrock Gbl 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 Gbl's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Gbl returns to help us make a trade decision. For example, suppose you find that Blackrock Gbl 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 Gbl 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 Gbl mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Gbl 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 Gbl mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Gbl Lagged Returns
When evaluating Blackrock Gbl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Gbl mutual fund have on its future price. Blackrock Gbl 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 Gbl autocorrelation shows the relationship between Blackrock Gbl mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Gbl Alloc.
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 Gbl 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 Gbl security.
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