Blackrock Enhanced Equity Fund Market Value
| BDJ Fund | USD 9.04 0.03 0.33% |
| Symbol | Blackrock |
Blackrock Enhanced '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 Enhanced's 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 Enhanced.
| 08/21/2024 |
| 11/19/2024 |
If you would invest 0.00 in Blackrock Enhanced on August 21, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Enhanced Equity or generate 0.0% return on investment in Blackrock Enhanced over 90 days. Blackrock Enhanced is related to or competes with Allianzgi Convertible, Korea Closed, Pcm Fund, Pimco Strategic, and Clough Global. BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc More
Blackrock Enhanced 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 Enhanced's 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 Enhanced Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6791 | |||
| Information Ratio | 0.0818 | |||
| Maximum Drawdown | 3.39 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.52 |
Blackrock Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Enhanced's standard deviation. In reality, there are many statistical measures that can use Blackrock Enhanced historical prices to predict the future Blackrock Enhanced's volatility.| Risk Adjusted Performance | 0.1682 | |||
| Jensen Alpha | 0.1025 | |||
| Total Risk Alpha | 0.0633 | |||
| Sortino Ratio | 0.086 | |||
| Treynor Ratio | 0.2896 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Enhanced'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 Enhanced Equity Backtested Returns
Blackrock Enhanced is very steady at the moment. Blackrock Enhanced Equity secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the fund had a 0.21% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackrock Enhanced Equity, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Enhanced's risk adjusted performance of 0.1682, and Mean Deviation of 0.5632 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Enhanced is expected to be smaller as well.
Auto-correlation | 0.55 |
Modest predictability
Blackrock Enhanced Equity has modest predictability. Overlapping area represents the amount of predictability between Blackrock Enhanced time series from 21st of August 2024 to 5th of October 2024 and 5th of October 2024 to 19th 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 Enhanced Equity price movement. The serial correlation of 0.55 indicates that about 55.0% of current Blackrock Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Blackrock Enhanced Equity lagged returns against current returns
Autocorrelation, which is Blackrock Enhanced 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 Enhanced's fund expected returns. We can calculate the autocorrelation of Blackrock Enhanced returns to help us make a trade decision. For example, suppose you find that Blackrock Enhanced has exhibited high autocorrelation historically, and you observe that the 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 Enhanced 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 Enhanced fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Enhanced fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock Enhanced fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Enhanced Lagged Returns
When evaluating Blackrock Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Enhanced fund have on its future price. Blackrock Enhanced 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 Enhanced autocorrelation shows the relationship between Blackrock Enhanced fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Enhanced Equity.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Blackrock Fund
Blackrock Enhanced financial ratios help investors to determine whether Blackrock 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 Enhanced security.
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