BlackRock ESG (UK) Market Value
| MAMG Etf | 6.28 0.02 0.32% |
| Symbol | BlackRock |
BlackRock ESG '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 ESG'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 ESG.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in BlackRock ESG on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock ESG Multi Asset or generate 0.0% return on investment in BlackRock ESG over 270 days. BlackRock ESG is related to or competes with WisdomTree Natural, Leverage Shares, GraniteShares, Leverage Shares, WisdomTree Natural, Leverage Shares, and WisdomTree Short. BlackRock ESG is entity of United Kingdom More
BlackRock ESG 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 ESG'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 ESG Multi Asset upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3737 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.17 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.8143 |
BlackRock ESG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock ESG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock ESG's standard deviation. In reality, there are many statistical measures that can use BlackRock ESG historical prices to predict the future BlackRock ESG's volatility.| Risk Adjusted Performance | 0.1192 | |||
| Jensen Alpha | 0.0351 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.3282 |
BlackRock ESG Multi Backtested Returns
Currently, BlackRock ESG Multi Asset is very steady. BlackRock ESG Multi secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the etf had a 0.17% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for BlackRock ESG Multi Asset, which you can use to evaluate the volatility of the entity. Please confirm BlackRock ESG's risk adjusted performance of 0.1192, and Mean Deviation of 0.3126 to double-check if the risk estimate we provide is consistent with the expected return of 0.0674%. The etf shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock ESG's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock ESG is expected to be smaller as well.
Auto-correlation | 0.74 |
Good predictability
BlackRock ESG Multi Asset has good predictability. Overlapping area represents the amount of predictability between BlackRock ESG time series from 5th of March 2024 to 18th of July 2024 and 18th of July 2024 to 30th 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 ESG Multi price movement. The serial correlation of 0.74 indicates that around 74.0% of current BlackRock ESG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BlackRock ESG Multi lagged returns against current returns
Autocorrelation, which is BlackRock ESG 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 ESG's etf expected returns. We can calculate the autocorrelation of BlackRock ESG returns to help us make a trade decision. For example, suppose you find that BlackRock ESG 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 ESG 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 ESG etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock ESG etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock ESG etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock ESG Lagged Returns
When evaluating BlackRock ESG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock ESG etf have on its future price. BlackRock ESG 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 ESG autocorrelation shows the relationship between BlackRock ESG etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock ESG Multi Asset.
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 Etf
BlackRock ESG financial ratios help investors to determine whether BlackRock Etf 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 ESG security.