Blackrock Eurofd Cl Fund Market Value
| MDEFX Fund | USD 20.53 0.12 0.59% |
| Symbol | Blackrock |
Blackrock Eurofd '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 Eurofd'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 Eurofd.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Blackrock Eurofd on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Eurofd Cl or generate 0.0% return on investment in Blackrock Eurofd over 90 days. Blackrock Eurofd is related to or competes with Qs Large, Dodge Cox, Cb Large, Dana Large, Touchstone Large, Americafirst Large, and Aqr Large. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities, including c... More
Blackrock Eurofd 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 Eurofd'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 Eurofd Cl upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.86 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.65 |
Blackrock Eurofd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Eurofd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Eurofd's standard deviation. In reality, there are many statistical measures that can use Blackrock Eurofd historical prices to predict the future Blackrock Eurofd's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0156 |
Blackrock Eurofd Backtested Returns
Blackrock Eurofd secures Sharpe Ratio (or Efficiency) of -0.0246, which signifies that the fund had a -0.0246% return per unit of standard deviation over the last 3 months. Blackrock Eurofd Cl exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Eurofd's mean deviation of 0.88, and Risk Adjusted Performance of 0.0144 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Eurofd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Eurofd is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
Blackrock Eurofd Cl has poor reverse predictability. Overlapping area represents the amount of predictability between Blackrock Eurofd time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 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 Eurofd price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Blackrock Eurofd price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Blackrock Eurofd lagged returns against current returns
Autocorrelation, which is Blackrock Eurofd 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 Eurofd's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Eurofd returns to help us make a trade decision. For example, suppose you find that Blackrock Eurofd 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 Eurofd 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 Eurofd mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Eurofd 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 Eurofd mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Eurofd Lagged Returns
When evaluating Blackrock Eurofd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Eurofd mutual fund have on its future price. Blackrock Eurofd 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 Eurofd autocorrelation shows the relationship between Blackrock Eurofd mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Eurofd Cl.
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 Eurofd 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 Eurofd security.
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