Blackrock Eurofund Class Fund Market Value
| MKEFX Fund | USD 20.38 0.06 0.29% |
| Symbol | Blackrock |
Blackrock Eurofund '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 Eurofund'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 Eurofund.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Blackrock Eurofund on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Eurofund Class or generate 0.0% return on investment in Blackrock Eurofund over 30 days. Blackrock Eurofund is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Funds, Blackrock Emerging, Blackrock Equity, Blackrock Advantage, and Blackrock Large. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities, including c... More
Blackrock Eurofund 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 Eurofund'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 Eurofund Class upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 1.61 |
Blackrock Eurofund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Eurofund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Eurofund's standard deviation. In reality, there are many statistical measures that can use Blackrock Eurofund historical prices to predict the future Blackrock Eurofund's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.19) |
Blackrock Eurofund Class Backtested Returns
Blackrock Eurofund Class secures Sharpe Ratio (or Efficiency) of -0.0981, which signifies that the fund had a -0.0981% return per unit of standard deviation over the last 3 months. Blackrock Eurofund Class exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Eurofund's mean deviation of 0.8848, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Eurofund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Eurofund is expected to be smaller as well.
Auto-correlation | 0.47 |
Average predictability
Blackrock Eurofund Class has average predictability. Overlapping area represents the amount of predictability between Blackrock Eurofund time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Eurofund Class price movement. The serial correlation of 0.47 indicates that about 47.0% of current Blackrock Eurofund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Blackrock Eurofund Class lagged returns against current returns
Autocorrelation, which is Blackrock Eurofund 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 Eurofund's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Eurofund returns to help us make a trade decision. For example, suppose you find that Blackrock Eurofund 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 Eurofund 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 Eurofund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Eurofund 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 Eurofund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Eurofund Lagged Returns
When evaluating Blackrock Eurofund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Eurofund mutual fund have on its future price. Blackrock Eurofund 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 Eurofund autocorrelation shows the relationship between Blackrock Eurofund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Eurofund Class.
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 Eurofund 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 Eurofund security.
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