Blckrck Fdsiii Rssll Fund Market Value
| BRGAX Fund | USD 37.35 1.19 3.09% |
| Symbol | Blckrck |
Blckrck Fdsiii '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 Blckrck Fdsiii'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 Blckrck Fdsiii.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Blckrck Fdsiii on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Blckrck Fdsiii Rssll or generate 0.0% return on investment in Blckrck Fdsiii over 720 days. Blckrck Fdsiii is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. The fund is a feeder fund that invests all of its assets in the master portfolio, which has the same investment objectiv... More
Blckrck Fdsiii 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 Blckrck Fdsiii'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 Blckrck Fdsiii Rssll upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6831 | |||
| Information Ratio | 0.0858 | |||
| Maximum Drawdown | 3.95 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.9671 |
Blckrck Fdsiii Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blckrck Fdsiii's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blckrck Fdsiii's standard deviation. In reality, there are many statistical measures that can use Blckrck Fdsiii historical prices to predict the future Blckrck Fdsiii's volatility.| Risk Adjusted Performance | 0.1339 | |||
| Jensen Alpha | 0.1132 | |||
| Total Risk Alpha | 0.0619 | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | 2.55 |
Blckrck Fdsiii Rssll Backtested Returns
At this stage we consider Blckrck Mutual Fund to be very steady. Blckrck Fdsiii Rssll secures Sharpe Ratio (or Efficiency) of 0.0617, which signifies that the fund had a 0.0617% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blckrck Fdsiii Rssll, which you can use to evaluate the volatility of the entity. Please confirm Blckrck Fdsiii's mean deviation of 0.4913, and Risk Adjusted Performance of 0.1339 to double-check if the risk estimate we provide is consistent with the expected return of 0.0475%. The fund shows a Beta (market volatility) of 0.0454, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blckrck Fdsiii's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blckrck Fdsiii is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Blckrck Fdsiii Rssll has very good predictability. Overlapping area represents the amount of predictability between Blckrck Fdsiii time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 Blckrck Fdsiii Rssll price movement. The serial correlation of 0.81 indicates that around 81.0% of current Blckrck Fdsiii price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 5.76 |
Blckrck Fdsiii Rssll lagged returns against current returns
Autocorrelation, which is Blckrck Fdsiii 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 Blckrck Fdsiii's mutual fund expected returns. We can calculate the autocorrelation of Blckrck Fdsiii returns to help us make a trade decision. For example, suppose you find that Blckrck Fdsiii 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 |
Blckrck Fdsiii 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 Blckrck Fdsiii mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blckrck Fdsiii mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blckrck Fdsiii mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blckrck Fdsiii Lagged Returns
When evaluating Blckrck Fdsiii's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blckrck Fdsiii mutual fund have on its future price. Blckrck Fdsiii 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, Blckrck Fdsiii autocorrelation shows the relationship between Blckrck Fdsiii mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blckrck Fdsiii Rssll.
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 Blckrck Mutual Fund
Blckrck Fdsiii financial ratios help investors to determine whether Blckrck 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 Blckrck with respect to the benefits of owning Blckrck Fdsiii security.
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