Blackrock Bal Cap Fund Market Value
| MDCPX Fund | USD 27.42 0.03 0.11% |
| Symbol | Blackrock |
Blackrock Bal '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 Bal'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 Bal.
| 05/08/2023 |
| 11/28/2024 |
If you would invest 0.00 in Blackrock Bal on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Bal Cap or generate 0.0% return on investment in Blackrock Bal over 570 days. Blackrock Bal is related to or competes with Ab Small, Versatile Bond, Shelton Funds, Jp Morgan, Eic Value, Qs Growth, and Nova Fund. The fund invests in a combination of equity securities, fixed-income securities and derivatives More
Blackrock Bal 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 Bal'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 Bal Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4186 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 2.18 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.7326 |
Blackrock Bal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Bal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Bal's standard deviation. In reality, there are many statistical measures that can use Blackrock Bal historical prices to predict the future Blackrock Bal's volatility.| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | 0.0092 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.3192 |
Blackrock Bal Cap Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Bal Cap secures Sharpe Ratio (or Efficiency) of 0.0673, which signifies that the fund had a 0.0673% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Bal Cap, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Bal's risk adjusted performance of 0.0376, and Mean Deviation of 0.2885 to double-check if the risk estimate we provide is consistent with the expected return of 0.0277%. The fund shows a Beta (market volatility) of 0.0464, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Bal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Bal is expected to be smaller as well.
Auto-correlation | 0.59 |
Modest predictability
Blackrock Bal Cap has modest predictability. Overlapping area represents the amount of predictability between Blackrock Bal time series from 8th of May 2023 to 17th of February 2024 and 17th of February 2024 to 28th 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 Bal Cap price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Blackrock Bal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Blackrock Bal Cap lagged returns against current returns
Autocorrelation, which is Blackrock Bal 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 Bal's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Bal returns to help us make a trade decision. For example, suppose you find that Blackrock Bal 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 Bal 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 Bal mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Bal 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 Bal mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Bal Lagged Returns
When evaluating Blackrock Bal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Bal mutual fund have on its future price. Blackrock Bal 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 Bal autocorrelation shows the relationship between Blackrock Bal mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Bal Cap.
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 Bal 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 Bal security.
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