Blackrock Multi Asset Income Fund Market Value
| BKMIX Fund | USD 10.38 0.03 0.29% |
| Symbol | Blackrock |
Blackrock Multi-asset '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 Multi-asset'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 Multi-asset.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Blackrock Multi-asset on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Multi Asset Income or generate 0.0% return on investment in Blackrock Multi-asset over 90 days. Blackrock Multi-asset is related to or competes with Semiconductor Ultrasector, Federated Mdt, William Blair, Issachar Fund, Scharf Global, Old Westbury, and Rational Strategic. The fund may invest up to 60 percent of its assets in equity securities and up to 100 percent of its assets in fixed inc... More
Blackrock Multi-asset 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 Multi-asset'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 Multi Asset Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2684 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.37 | |||
| Value At Risk | (0.39) | |||
| Potential Upside | 0.4859 |
Blackrock Multi-asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Multi-asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Multi-asset's standard deviation. In reality, there are many statistical measures that can use Blackrock Multi-asset historical prices to predict the future Blackrock Multi-asset's volatility.| Risk Adjusted Performance | 0.0801 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | 0.1071 |
Blackrock Multi Asset Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Multi Asset secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Multi Asset Income, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Multi-asset's risk adjusted performance of 0.0801, and Mean Deviation of 0.2118 to double-check if the risk estimate we provide is consistent with the expected return of 0.0276%. The fund shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Multi-asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Multi-asset is expected to be smaller as well.
Auto-correlation | 0.08 |
Virtually no predictability
Blackrock Multi Asset Income has virtually no predictability. Overlapping area represents the amount of predictability between Blackrock Multi-asset time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Multi Asset price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Blackrock Multi-asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackrock Multi Asset lagged returns against current returns
Autocorrelation, which is Blackrock Multi-asset 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 Multi-asset's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Multi-asset returns to help us make a trade decision. For example, suppose you find that Blackrock Multi-asset 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 Multi-asset 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 Multi-asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Multi-asset 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 Multi-asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Multi-asset Lagged Returns
When evaluating Blackrock Multi-asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Multi-asset mutual fund have on its future price. Blackrock Multi-asset 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 Multi-asset autocorrelation shows the relationship between Blackrock Multi-asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Multi Asset Income.
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 Multi-asset 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 Multi-asset security.
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