Blackrock World Income Fund Market Value
| MDWIX Fund | USD 5.27 0.03 0.57% |
| Symbol | Blackrock |
Blackrock World '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 World'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 World.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Blackrock World on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock World Income or generate 0.0% return on investment in Blackrock World over 30 days. Blackrock World is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. The fund mainly invests in bonds and other fixed-income securities that periodically pay interest or dividends More
Blackrock World 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 World'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 World Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.55) | |||
| Maximum Drawdown | 1.14 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.3817 |
Blackrock World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock World's standard deviation. In reality, there are many statistical measures that can use Blackrock World historical prices to predict the future Blackrock World's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.5418 |
Blackrock World Income Backtested Returns
Blackrock World Income secures Sharpe Ratio (or Efficiency) of -0.0613, which signifies that the fund had a -0.0613% return per unit of standard deviation over the last 3 months. Blackrock World Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock World's mean deviation of 0.2157, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0494, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock World are expected to decrease at a much lower rate. During the bear market, Blackrock World is likely to outperform the market.
Auto-correlation | -0.68 |
Very good reverse predictability
Blackrock World Income has very good reverse predictability. Overlapping area represents the amount of predictability between Blackrock World time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 World Income price movement. The serial correlation of -0.68 indicates that around 68.0% of current Blackrock World price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackrock World Income lagged returns against current returns
Autocorrelation, which is Blackrock World 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 World's mutual fund expected returns. We can calculate the autocorrelation of Blackrock World returns to help us make a trade decision. For example, suppose you find that Blackrock World 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 World 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 World mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock World 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 World mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock World Lagged Returns
When evaluating Blackrock World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock World mutual fund have on its future price. Blackrock World 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 World autocorrelation shows the relationship between Blackrock World mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock World Income.
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 World 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 World security.
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