Blckrk Lc Cr Fund Market Value
| BCLPX Fund | USD 8.49 0.02 0.24% |
| Symbol | Blckrk |
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.
| 10/02/2022 |
| 09/21/2024 |
If you would invest 0.00 in Blckrk Lc on October 2, 2022 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 720 days. Blckrk Lc is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. 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.
| Downside Deviation | 0.22 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.19 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.3601 |
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.| Risk Adjusted Performance | 0.1151 | |||
| Jensen Alpha | 0.0247 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 0.9272 |
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.
Blckrk Lc Cr Backtested Returns
At this stage we consider Blckrk Mutual Fund to be very steady. Blckrk Lc Cr secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Blckrk Lc Cr, which you can use to evaluate the volatility of the entity. Please confirm Blckrk Lc's risk adjusted performance of 0.1151, and Mean Deviation of 0.1749 to double-check if the risk estimate we provide is consistent with the expected return of 0.0381%. The fund shows a Beta (market volatility) of 0.0304, 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 | 0.33 |
Below average predictability
Blckrk Lc Cr has below average predictability. Overlapping area represents the amount of predictability between Blckrk Lc time series from 2nd of October 2022 to 27th of September 2023 and 27th of September 2023 to 21st of September 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 0.33 indicates that nearly 33.0% of current Blckrk Lc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
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 |
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 Blckrk Mutual Fund
Blckrk Lc financial ratios help investors to determine whether Blckrk 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 Blckrk with respect to the benefits of owning Blckrk Lc security.
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