BlackRock Latin (UK) Market Value
| BRLA Etf | 291.00 10.50 3.48% |
| Symbol | BlackRock |
BlackRock Latin '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 Latin's etf 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 Latin.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in BlackRock Latin on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Latin American or generate 0.0% return on investment in BlackRock Latin over 180 days. BlackRock Latin is related to or competes with BlackRock ESG, BlackRock ESG, BlackRock ESG, IShares MSCI, Amundi EUR, and IShares JP. BlackRock Latin is entity of United Kingdom More
BlackRock Latin 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 Latin's etf 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 Latin American upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 1.61 |
BlackRock Latin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Latin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Latin's standard deviation. In reality, there are many statistical measures that can use BlackRock Latin historical prices to predict the future BlackRock Latin's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.41) |
BlackRock Latin American Backtested Returns
BlackRock Latin American secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the etf had a -0.13% return per unit of standard deviation over the last 3 months. BlackRock Latin American exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock Latin's risk adjusted performance of (0.09), and Mean Deviation of 0.9245 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock Latin's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Latin is expected to be smaller as well.
Auto-correlation | 0.06 |
Virtually no predictability
BlackRock Latin American has virtually no predictability. Overlapping area represents the amount of predictability between BlackRock Latin time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Latin American price movement. The serial correlation of 0.06 indicates that barely 6.0% of current BlackRock Latin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 90.3 |
BlackRock Latin American lagged returns against current returns
Autocorrelation, which is BlackRock Latin etf'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 Latin's etf expected returns. We can calculate the autocorrelation of BlackRock Latin returns to help us make a trade decision. For example, suppose you find that BlackRock Latin has exhibited high autocorrelation historically, and you observe that the etf 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 Latin 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 Latin etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Latin etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Latin etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Latin Lagged Returns
When evaluating BlackRock Latin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Latin etf have on its future price. BlackRock Latin 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 Latin autocorrelation shows the relationship between BlackRock Latin etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Latin American.
Regressed Prices |
| Timeline |
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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 Etf
BlackRock Latin financial ratios help investors to determine whether BlackRock Etf 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 Latin security.