Blackrock Global Allocation Fund Market Value
| MKLOX Fund | USD 19.85 0.06 0.30% |
| Symbol | Blackrock |
Blackrock Global '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 Global'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 Global.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Blackrock Global on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Global Allocation or generate 0.0% return on investment in Blackrock Global over 360 days. Blackrock Global is related to or competes with Locorr Dynamic, Dodge Cox, Rbc Ultra-short, Us Vector, Calamos Global, The Hartford, and Artisan Select. The investment seeks to provide high total investment return More
Blackrock Global 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 Global'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 Global Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5443 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 2.21 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.8612 |
Blackrock Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Global's standard deviation. In reality, there are many statistical measures that can use Blackrock Global historical prices to predict the future Blackrock Global's volatility.| Risk Adjusted Performance | 0.0462 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.0526 |
Blackrock Global All Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Global All secures Sharpe Ratio (or Efficiency) of 0.0675, which signifies that the fund had a 0.0675% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Global Allocation, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Global's mean deviation of 0.3803, and Risk Adjusted Performance of 0.0462 to double-check if the risk estimate we provide is consistent with the expected return of 0.0335%. The fund shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Global is expected to be smaller as well.
Auto-correlation | 0.12 |
Insignificant predictability
Blackrock Global Allocation has insignificant predictability. Overlapping area represents the amount of predictability between Blackrock Global time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 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 Global All price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Blackrock Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Blackrock Global All lagged returns against current returns
Autocorrelation, which is Blackrock Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Global returns to help us make a trade decision. For example, suppose you find that Blackrock Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Global Lagged Returns
When evaluating Blackrock Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Global mutual fund have on its future price. Blackrock Global 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 Global autocorrelation shows the relationship between Blackrock Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Global Allocation.
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 Global 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 Global security.
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