Blackrock Gov Bd Fund Market Value
| BIGCX Fund | USD 8.99 0.04 0.45% |
| Symbol | Blackrock |
Blackrock Gov '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 Gov'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 Gov.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Blackrock Gov on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Gov Bd or generate 0.0% return on investment in Blackrock Gov over 30 days. Blackrock Gov is related to or competes with Deutsche Global, Western Asset, Blackrock Inflation, Guggenheim Managed, Short Duration, Arrow Managed, and Schwab Treasury. The fund seeks to achieve its objective by investing at least 80 percent of its net assets, plus any borrowings for inve... More
Blackrock Gov 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 Gov'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 Gov Bd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.77 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.3297 |
Blackrock Gov Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Gov's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Gov's standard deviation. In reality, there are many statistical measures that can use Blackrock Gov historical prices to predict the future Blackrock Gov's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (1.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Gov'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 Gov Bd Backtested Returns
Blackrock Gov Bd 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. Blackrock Gov Bd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Gov's risk adjusted performance of (0.18), and Mean Deviation of 0.2567 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0683, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Gov's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Gov is expected to be smaller as well.
Auto-correlation | -0.9 |
Excellent reverse predictability
Blackrock Gov Bd has excellent reverse predictability. Overlapping area represents the amount of predictability between Blackrock Gov time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 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 Gov Bd price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Blackrock Gov price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Blackrock Gov Bd lagged returns against current returns
Autocorrelation, which is Blackrock Gov 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 Gov's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Gov returns to help us make a trade decision. For example, suppose you find that Blackrock Gov 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 Gov 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 Gov mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Gov 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 Gov mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Gov Lagged Returns
When evaluating Blackrock Gov's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Gov mutual fund have on its future price. Blackrock Gov 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 Gov autocorrelation shows the relationship between Blackrock Gov mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Gov Bd.
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 Gov 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 Gov security.
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