Blackrock Emerging Markets Fund Market Value
| MKDCX Fund | USD 24.28 0.01 0.04% |
| Symbol | Blackrock |
Blackrock Emerging '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 Emerging'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 Emerging.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Blackrock Emerging on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Emerging Markets or generate 0.0% return on investment in Blackrock Emerging over 30 days. Blackrock Emerging is related to or competes with Moderately Aggressive, Calvert Moderate, Tiaa Cref, Dimensional Retirement, American Funds, Lifestyle, and Saat Moderate. The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes in equity se... More
Blackrock Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.57 |
Blackrock Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Emerging's standard deviation. In reality, there are many statistical measures that can use Blackrock Emerging historical prices to predict the future Blackrock Emerging's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.3885 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Emerging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blackrock Emerging Backtested Returns
Blackrock Emerging secures Sharpe Ratio (or Efficiency) of -0.0476, which signifies that the fund had a -0.0476% return per unit of standard deviation over the last 3 months. Blackrock Emerging Markets exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Emerging's mean deviation of 0.8051, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock Emerging are expected to decrease at a much lower rate. During the bear market, Blackrock Emerging is likely to outperform the market.
Auto-correlation | 0.22 |
Weak predictability
Blackrock Emerging Markets has weak predictability. Overlapping area represents the amount of predictability between Blackrock Emerging time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Emerging price movement. The serial correlation of 0.22 indicates that over 22.0% of current Blackrock Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Blackrock Emerging lagged returns against current returns
Autocorrelation, which is Blackrock Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Emerging returns to help us make a trade decision. For example, suppose you find that Blackrock Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Emerging 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 Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Emerging Lagged Returns
When evaluating Blackrock Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Emerging mutual fund have on its future price. Blackrock Emerging 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 Emerging autocorrelation shows the relationship between Blackrock Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Emerging Markets.
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 Emerging 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 Emerging security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |