Blackrock Muniholdings New Fund Market Value
| XMUJX Fund | USD 12.72 0.01 0.08% |
| Symbol | Blackrock |
Please note, there is a significant difference between Blackrock Muniholdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Muniholdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Muniholdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Blackrock Muniholdings '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 Muniholdings' 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 Blackrock Muniholdings.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in Blackrock Muniholdings on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Muniholdings New or generate 0.0% return on investment in Blackrock Muniholdings over 180 days. Blackrock Muniholdings is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Blackrock Muniholdings is entity of United States More
Blackrock Muniholdings 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 Muniholdings' 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 Blackrock Muniholdings New upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 2.64 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.6144 |
Blackrock Muniholdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Muniholdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Muniholdings' standard deviation. In reality, there are many statistical measures that can use Blackrock Muniholdings historical prices to predict the future Blackrock Muniholdings' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.68) |
Blackrock Muniholdings Backtested Returns
Blackrock Muniholdings secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the fund had a -0.14% return per unit of standard deviation over the last 3 months. Blackrock Muniholdings New exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Muniholdings' mean deviation of 0.2947, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Muniholdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Muniholdings is expected to be smaller as well.
Auto-correlation | -0.47 |
Modest reverse predictability
Blackrock Muniholdings New has modest reverse predictability. Overlapping area represents the amount of predictability between Blackrock Muniholdings time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 Muniholdings price movement. The serial correlation of -0.47 indicates that about 47.0% of current Blackrock Muniholdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Blackrock Muniholdings lagged returns against current returns
Autocorrelation, which is Blackrock Muniholdings 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 Blackrock Muniholdings' mutual fund expected returns. We can calculate the autocorrelation of Blackrock Muniholdings returns to help us make a trade decision. For example, suppose you find that Blackrock Muniholdings 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 |
Blackrock Muniholdings 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 Muniholdings mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Muniholdings mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock Muniholdings mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Muniholdings Lagged Returns
When evaluating Blackrock Muniholdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Muniholdings mutual fund have on its future price. Blackrock Muniholdings 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 Muniholdings autocorrelation shows the relationship between Blackrock Muniholdings mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Muniholdings New.
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 Blackrock Mutual Fund
Blackrock Muniholdings financial ratios help investors to determine whether Blackrock 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 Blackrock with respect to the benefits of owning Blackrock Muniholdings security.
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