Blkrc Sgy Mnp Fund Market Value
| MEMTX Fund | USD 10.71 0.01 0.09% |
| Symbol | Blkrc |
Blkrc Sgy '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 Blkrc Sgy'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 Blkrc Sgy.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Blkrc Sgy on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Blkrc Sgy Mnp or generate 0.0% return on investment in Blkrc Sgy over 30 days. Blkrc Sgy is related to or competes with Transamerica Financial, 1919 Financial, and Financials Ultrasector. Under normal circumstances, the fund will invest at least 80 percent of its assets in municipal bonds More
Blkrc Sgy 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 Blkrc Sgy'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 Blkrc Sgy Mnp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4039 | |||
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 1.52 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4785 |
Blkrc Sgy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blkrc Sgy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blkrc Sgy's standard deviation. In reality, there are many statistical measures that can use Blkrc Sgy historical prices to predict the future Blkrc Sgy's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blkrc Sgy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blkrc Sgy Mnp Backtested Returns
At this stage we consider Blkrc Mutual Fund to be very steady. Blkrc Sgy Mnp secures Sharpe Ratio (or Efficiency) of 0.0117, which signifies that the fund had a 0.0117% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Blkrc Sgy Mnp, which you can use to evaluate the volatility of the entity. Please confirm Blkrc Sgy's Downside Deviation of 0.4039, mean deviation of 0.169, and insignificant Risk Adjusted Performance to double-check if the risk estimate we provide is consistent with the expected return of 0.0034%. The fund shows a Beta (market volatility) of 0.0685, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blkrc Sgy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blkrc Sgy is expected to be smaller as well.
Auto-correlation | 0.57 |
Modest predictability
Blkrc Sgy Mnp has modest predictability. Overlapping area represents the amount of predictability between Blkrc Sgy time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Blkrc Sgy Mnp price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Blkrc Sgy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blkrc Sgy Mnp lagged returns against current returns
Autocorrelation, which is Blkrc Sgy 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 Blkrc Sgy's mutual fund expected returns. We can calculate the autocorrelation of Blkrc Sgy returns to help us make a trade decision. For example, suppose you find that Blkrc Sgy 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 |
Blkrc Sgy 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 Blkrc Sgy mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blkrc Sgy mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blkrc Sgy mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blkrc Sgy Lagged Returns
When evaluating Blkrc Sgy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blkrc Sgy mutual fund have on its future price. Blkrc Sgy 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, Blkrc Sgy autocorrelation shows the relationship between Blkrc Sgy mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blkrc Sgy Mnp.
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 Blkrc Mutual Fund
Blkrc Sgy financial ratios help investors to determine whether Blkrc 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 Blkrc with respect to the benefits of owning Blkrc Sgy security.
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