Ishares Long Credit Fund Market Value
| BLCBX Fund | USD 9.32 0.05 0.53% |
| Symbol | Ishares |
Ishares Long '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 Ishares Long'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 Ishares Long.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Ishares Long on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Ishares Long Credit or generate 0.0% return on investment in Ishares Long over 720 days. Ishares Long is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. Under normal circumstances, at least 90 percent of the value of the funds assets, plus the amount of any borrowings for ... More
Ishares Long 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 Ishares Long'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 Ishares Long Credit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.06 |
Ishares Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ishares Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ishares Long's standard deviation. In reality, there are many statistical measures that can use Ishares Long historical prices to predict the future Ishares Long's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 9.7 |
Ishares Long Credit Backtested Returns
Ishares Long Credit holds Efficiency (Sharpe) Ratio of -0.0898, which attests that the entity had a -0.0898% return per unit of risk over the last 3 months. Ishares Long Credit exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ishares Long's Market Risk Adjusted Performance of 9.71, standard deviation of 0.7109, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0039, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ishares Long are expected to decrease at a much lower rate. During the bear market, Ishares Long is likely to outperform the market.
Auto-correlation | -0.53 |
Good reverse predictability
Ishares Long Credit has good reverse predictability. Overlapping area represents the amount of predictability between Ishares Long time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Ishares Long Credit price movement. The serial correlation of -0.53 indicates that about 53.0% of current Ishares Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Ishares Long Credit lagged returns against current returns
Autocorrelation, which is Ishares Long 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 Ishares Long's mutual fund expected returns. We can calculate the autocorrelation of Ishares Long returns to help us make a trade decision. For example, suppose you find that Ishares Long 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 |
Ishares Long 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 Ishares Long mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ishares Long mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ishares Long mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ishares Long Lagged Returns
When evaluating Ishares Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ishares Long mutual fund have on its future price. Ishares Long 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, Ishares Long autocorrelation shows the relationship between Ishares Long mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ishares Long Credit.
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 Ishares Mutual Fund
Ishares Long financial ratios help investors to determine whether Ishares 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 Ishares with respect to the benefits of owning Ishares Long security.
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