Blackrock Alternative Capital Fund Market Value
BMBCX Fund | USD 10.11 0.01 0.1% |
Symbol | Blackrock |
Blackrock Alternative '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 Alternative'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 Alternative.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in Blackrock Alternative on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Blackrock Alternative Capital or generate 0.0% return on investment in Blackrock Alternative over 720 days. Blackrock Alternative is related to or competes with Blackrock Alternative, Goldman Sachs, Qs Us, Barloworld, Morningstar Unconstrained, SPACE, and Via Renewables. The fund seeks to achieve its investment objective by investing in a range of global asset classes, with a focus on fixe... More
Blackrock Alternative 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 Alternative'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 Alternative Capital upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.2313 | |||
Information Ratio | (0.40) | |||
Maximum Drawdown | 0.8151 | |||
Value At Risk | (0.30) | |||
Potential Upside | 0.4082 |
Blackrock Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Alternative's standard deviation. In reality, there are many statistical measures that can use Blackrock Alternative historical prices to predict the future Blackrock Alternative's volatility.Risk Adjusted Performance | 0.1415 | |||
Jensen Alpha | 0.0245 | |||
Total Risk Alpha | 0.0024 | |||
Sortino Ratio | (0.34) | |||
Treynor Ratio | 0.2625 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Alternative'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 Alternative Backtested Returns
We consider Blackrock Alternative very steady. Blackrock Alternative secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the fund had a 0.29% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Blackrock Alternative Capital, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Alternative's risk adjusted performance of 0.1415, and Mean Deviation of 0.1533 to double-check if the risk estimate we provide is consistent with the expected return of 0.058%. The fund shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Alternative is expected to be smaller as well.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Blackrock Alternative Capital has insignificant reverse predictability. Overlapping area represents the amount of predictability between Blackrock Alternative time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 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 Blackrock Alternative price movement. The serial correlation of -0.16 indicates that over 16.0% of current Blackrock Alternative price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.16 | |
Spearman Rank Test | -0.41 | |
Residual Average | 0.0 | |
Price Variance | 0.08 |
Blackrock Alternative lagged returns against current returns
Autocorrelation, which is Blackrock Alternative 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 Alternative's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Alternative returns to help us make a trade decision. For example, suppose you find that Blackrock Alternative 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 Alternative 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 Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Alternative 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 Alternative mutual fund over time.
Current vs Lagged Prices |
Timeline |
Blackrock Alternative Lagged Returns
When evaluating Blackrock Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Alternative mutual fund have on its future price. Blackrock Alternative 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 Alternative autocorrelation shows the relationship between Blackrock Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Alternative Capital.
Regressed Prices |
Timeline |
Pair Trading with Blackrock Alternative
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 Blackrock Alternative 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 Blackrock Alternative will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackrock Mutual Fund
0.8 | USG | USCF Gold Strategy Symbol Change | PairCorr |
0.93 | BHYRX | Blackrock High Yield | PairCorr |
0.92 | BHYSX | Blackrock Hi Yld | PairCorr |
0.92 | BHYIX | Blackrock High Yield | PairCorr |
The ability to find closely correlated positions to Blackrock Alternative could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Alternative 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 Blackrock Alternative - 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 Blackrock Alternative Capital to buy it.
The correlation of Blackrock Alternative 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 Blackrock Alternative moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Alternative 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 Blackrock Alternative 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.Check out Blackrock Alternative Correlation, Blackrock Alternative Volatility and Blackrock Alternative Alpha and Beta module to complement your research on Blackrock Alternative. Note that the Blackrock Alternative information on this page should be used as a complementary analysis to other Blackrock Alternative's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Blackrock Mutual Fund analysis
When running Blackrock Alternative's price analysis, check to measure Blackrock Alternative'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 Blackrock Alternative is operating at the current time. Most of Blackrock Alternative's value examination focuses on studying past and present price action to predict the probability of Blackrock Alternative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Alternative's price. Additionally, you may evaluate how the addition of Blackrock Alternative to your portfolios can decrease your overall portfolio volatility.
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Blackrock Alternative 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.