Blackrock World (UK) Market Value
| BRWM Stock | 485.50 13.50 2.86% |
| Symbol | Blackrock |
Blackrock World '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 World's stock 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 World.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Blackrock World on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock World Mining or generate 0.0% return on investment in Blackrock World over 30 days. Blackrock World is related to or competes with Catalyst Media, CATLIN GROUP, Tamburi Investment, Magnora ASA, RTW Venture, Secure Property, and Oncimmune Holdings. Blackrock World is entity of United Kingdom More
Blackrock World 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 World's stock 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 World Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.91 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 2.22 |
Blackrock World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock World's standard deviation. In reality, there are many statistical measures that can use Blackrock World historical prices to predict the future Blackrock World's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.14) |
Blackrock World Mining Backtested Returns
Blackrock World Mining secures Sharpe Ratio (or Efficiency) of -0.0434, which signifies that the company had a -0.0434% return per unit of standard deviation over the last 3 months. Blackrock World Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock World's risk adjusted performance of (0.02), and Mean Deviation of 1.12 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock World's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock World is expected to be smaller as well. At this point, Blackrock World Mining has a negative expected return of -0.0646%. Please make sure to confirm Blackrock World's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Blackrock World Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Blackrock World Mining has modest predictability. Overlapping area represents the amount of predictability between Blackrock World 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 World Mining price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Blackrock World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 132.11 |
Blackrock World Mining lagged returns against current returns
Autocorrelation, which is Blackrock World stock'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 World's stock expected returns. We can calculate the autocorrelation of Blackrock World returns to help us make a trade decision. For example, suppose you find that Blackrock World has exhibited high autocorrelation historically, and you observe that the stock 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 World 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 World stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock World stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock World stock over time.
Current vs Lagged Prices |
| Timeline |
Blackrock World Lagged Returns
When evaluating Blackrock World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock World stock have on its future price. Blackrock World 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 World autocorrelation shows the relationship between Blackrock World stock current value and its past values and can show if there is a momentum factor associated with investing in Blackrock World Mining.
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.Additional Tools for Blackrock Stock Analysis
When running Blackrock World's price analysis, check to measure Blackrock World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock World is operating at the current time. Most of Blackrock World's value examination focuses on studying past and present price action to predict the probability of Blackrock World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock World's price. Additionally, you may evaluate how the addition of Blackrock World to your portfolios can decrease your overall portfolio volatility.