Blackrock Basic Value Fund Market Value
| MDBAX Fund | USD 20.99 0.05 0.24% |
| Symbol | Blackrock |
Blackrock Basic '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 Basic'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 Basic.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Blackrock Basic on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Basic Value or generate 0.0% return on investment in Blackrock Basic over 180 days. Blackrock Basic is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. Under normal circumstances, the fund seeks to invest at least 80 percent of its net assets plus the amount of any borrow... More
Blackrock Basic 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 Basic'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 Basic Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.596 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.92 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.07 |
Blackrock Basic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Basic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Basic's standard deviation. In reality, there are many statistical measures that can use Blackrock Basic historical prices to predict the future Blackrock Basic's volatility.| Risk Adjusted Performance | 0.059 | |||
| Jensen Alpha | 0.0501 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | (1.51) |
Blackrock Basic Value Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Basic Value secures Sharpe Ratio (or Efficiency) of 0.0863, which signifies that the fund had a 0.0863% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Basic Value, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Basic's mean deviation of 0.5556, and Risk Adjusted Performance of 0.059 to double-check if the risk estimate we provide is consistent with the expected return of 0.0619%. The fund shows a Beta (market volatility) of -0.0305, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock Basic are expected to decrease at a much lower rate. During the bear market, Blackrock Basic is likely to outperform the market.
Auto-correlation | 0.64 |
Good predictability
Blackrock Basic Value has good predictability. Overlapping area represents the amount of predictability between Blackrock Basic time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Basic Value price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Blackrock Basic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Blackrock Basic Value lagged returns against current returns
Autocorrelation, which is Blackrock Basic 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 Basic's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Basic returns to help us make a trade decision. For example, suppose you find that Blackrock Basic 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 Basic 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 Basic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Basic 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 Basic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Basic Lagged Returns
When evaluating Blackrock Basic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Basic mutual fund have on its future price. Blackrock Basic 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 Basic autocorrelation shows the relationship between Blackrock Basic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Basic Value.
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 Basic 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 Basic security.
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