Blckrk Lc Cr Fund Market Value

BCLPX Fund  USD 8.37  0.01  0.12%   
Blckrk Lc's market value is the price at which a share of Blckrk Lc trades on a public exchange. It measures the collective expectations of Blckrk Lc Cr investors about its performance. Blckrk Lc is trading at 8.37 as of the 29th of March 2024; that is 0.12 percent increase since the beginning of the trading day. The fund's open price was 8.36.
With this module, you can estimate the performance of a buy and hold strategy of Blckrk Lc Cr and determine expected loss or profit from investing in Blckrk Lc over a given investment horizon. Check out Blckrk Lc Correlation, Blckrk Lc Volatility and Blckrk Lc Alpha and Beta module to complement your research on Blckrk Lc.
Symbol

Please note, there is a significant difference between Blckrk Lc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blckrk Lc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blckrk Lc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Blckrk Lc '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 Blckrk Lc'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 Blckrk Lc.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in Blckrk Lc on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blckrk Lc Cr or generate 0.0% return on investment in Blckrk Lc over 30 days. Blckrk Lc is related to or competes with Franklin High, Ab Bond, Versatile Bond, Guidemark, Pace High, and Multisector Bond. Normally, the fund invests at least 80 percent of its net assets in equity securities and related derivative instruments... More

Blckrk Lc 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 Blckrk Lc'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 Blckrk Lc Cr upside and downside potential and time the market with a certain degree of confidence.

Blckrk Lc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blckrk Lc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blckrk Lc's standard deviation. In reality, there are many statistical measures that can use Blckrk Lc historical prices to predict the future Blckrk Lc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blckrk Lc'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.
Hype
Prediction
LowEstimatedHigh
8.198.378.55
Details
Intrinsic
Valuation
LowRealHigh
8.188.368.54
Details
Naive
Forecast
LowNextHigh
8.238.418.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.328.358.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blckrk Lc. Your research has to be compared to or analyzed against Blckrk Lc's peers to derive any actionable benefits. When done correctly, Blckrk Lc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Blckrk Lc Cr.

Blckrk Lc Cr Backtested Returns

We consider Blckrk Lc very steady. Blckrk Lc Cr secures Sharpe Ratio (or Efficiency) of 0.0563, which signifies that the fund had a 0.0563% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blckrk Lc Cr, which you can use to evaluate the volatility of the entity. Please confirm Blckrk Lc's mean deviation of 0.134, and Risk Adjusted Performance of 0.0099 to double-check if the risk estimate we provide is consistent with the expected return of 0.01%. The fund shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blckrk Lc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blckrk Lc is expected to be smaller as well.

Auto-correlation

    
  -0.15  

Insignificant reverse predictability

Blckrk Lc Cr has insignificant reverse predictability. Overlapping area represents the amount of predictability between Blckrk Lc time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 Blckrk Lc Cr price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Blckrk Lc price fluctuation can be explain by its past prices.
Correlation Coefficient-0.15
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.0

Blckrk Lc Cr lagged returns against current returns

Autocorrelation, which is Blckrk Lc 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 Blckrk Lc's mutual fund expected returns. We can calculate the autocorrelation of Blckrk Lc returns to help us make a trade decision. For example, suppose you find that Blckrk Lc 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  

Blckrk Lc 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 Blckrk Lc mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blckrk Lc mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blckrk Lc mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Blckrk Lc Lagged Returns

When evaluating Blckrk Lc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blckrk Lc mutual fund have on its future price. Blckrk Lc 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, Blckrk Lc autocorrelation shows the relationship between Blckrk Lc mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blckrk Lc Cr.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blckrk Lc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blckrk Lc's short interest history, or implied volatility extrapolated from Blckrk Lc options trading.

Pair Trading with Blckrk Lc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blckrk Lc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blckrk Lc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Blckrk Mutual Fund

  0.99BALPX Blckrk Lc CrPairCorr
  0.99BILPX Blkrk Lc CrPairCorr
The ability to find closely correlated positions to Blckrk Lc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blckrk Lc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blckrk Lc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blckrk Lc Cr to buy it.
The correlation of Blckrk Lc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blckrk Lc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blckrk Lc Cr moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blckrk Lc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Blckrk Lc Correlation, Blckrk Lc Volatility and Blckrk Lc Alpha and Beta module to complement your research on Blckrk Lc.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Blckrk Mutual Fund analysis

When running Blckrk Lc's price analysis, check to measure Blckrk Lc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blckrk Lc is operating at the current time. Most of Blckrk Lc's value examination focuses on studying past and present price action to predict the probability of Blckrk Lc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blckrk Lc's price. Additionally, you may evaluate how the addition of Blckrk Lc to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
CEOs Directory
Screen CEOs from public companies around the world
Global Correlations
Find global opportunities by holding instruments from different markets
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Blckrk Lc technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Blckrk Lc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blckrk Lc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...