Blackrock Inflation Correlations

BPRAX Fund

USD 9.53 0.01 0.10%

The current 90-days correlation between Blackrock Inflation and Enhanced Fixed Income is -0.16 (i.e., Good diversification). The correlation of Blackrock Inflation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Blackrock Inflation Correlation With Market

Good diversification

The correlation between Blackrock Inflation Protected and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blackrock Inflation Protected and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Inflation Protected. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Blackrock Mutual Fund

0.79	MKCMX	Blackrock California	Pair Corr
0.69	MKDVX	Blackrock Equity Dividend	Pair Corr
0.81	MKILX	Blackrock International	Pair Corr
0.96	BRAMX	Bats Series M	Pair Corr
0.95	BRACX	Bats Series C	Pair Corr
0.71	BRBCX	Blackrock Tactical	Pair Corr
0.86	BRHYX	Blackrock Hi Yld	Pair Corr
0.9	MKYHX	Blackrock High Yield	Pair Corr
0.97	BAIPX	Blackrock Short Term	Pair Corr
0.77	BALPX	Blckrk Lc Cr	Pair Corr
0.97	BAMBX	Blackrock Alternative	Pair Corr
0.81	BARDX	Blackrock Developed Real	Pair Corr
0.85	BATEX	Bats Series E	Pair Corr
0.96	BASIX	Blackrock Strategic Opps	Pair Corr
0.97	BSIIX	Blackrock Strategic	Pair Corr

Moving against Blackrock Mutual Fund

0.62	MKFOX	Blackrock Large Cap	Pair Corr
0.53	MLRKX	Blackrock Advantage Large	Pair Corr
0.38	BASMX	Blackrock Total Stock	Pair Corr
0.32	BRMIX	Blackrock Midcap Index	Pair Corr
0.32	BRMKX	Blackrock Midcap Index	Pair Corr
0.61	BSTSX	Blackrock Science	Pair Corr
0.41	BSPGX	Ishares Sp 500	Pair Corr
0.4	BST	BlackRock Science Tech	Pair Corr
0.35	BSPIX	Blackrock Sp 500	Pair Corr
0.35	BSPSX	Blackrock Sp 500	Pair Corr

Related Correlations Analysis

	AAEZX	DDCFX	SMNIX	OWFIX	GIEAX	PAEIX	RBCIX	ARTNX
AAEZX		0.84	0.45	0.88	0.85	0.9	0.78	0.86	AAEZX
DDCFX	0.84		0.74	0.97	0.91	0.9	0.9	0.64	DDCFX
SMNIX	0.45	0.74		0.73	0.55	0.51	0.64	0.18	SMNIX
OWFIX	0.88	0.97	0.73		0.92	0.91	0.91	0.67	OWFIX
GIEAX	0.85	0.91	0.55	0.92		0.99	0.95	0.75	GIEAX
PAEIX	0.9	0.9	0.51	0.91	0.99		0.92	0.8	PAEIX
RBCIX	0.78	0.9	0.64	0.91	0.95	0.92		0.66	RBCIX
ARTNX	0.86	0.64	0.18	0.67	0.75	0.8	0.66		ARTNX
	AAEZX	DDCFX	SMNIX	OWFIX	GIEAX	PAEIX	RBCIX	ARTNX

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Risk-Adjusted Indicators

There is a big difference between Blackrock Mutual Fund performing well and Blackrock Inflation Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Blackrock Inflation's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AAEZX	0.23	0.03	0.16	0.10	0.17	(0.28)	0.59	(0.39)	1.40
DDCFX	0.21	0.02	0.19	(0.54)	0.09	(0.27)	0.54	(0.33)	1.22
SMNIX	0.45	0.03	0.11	(0.20)	0.42	(0.57)	1.00	(0.85)	2.62
OWFIX	0.17	0.02	0.21	1.58	0.00	(0.22)	0.40	(0.30)	1.01
GIEAX	0.58	0.17	0.22	0.28	0.57	(0.63)	1.34	(1.10)	4.95
PAEIX	0.64	0.14	0.17	0.20	0.68	(0.70)	1.50	(1.22)	4.54
RBCIX	1.27	0.24	0.16	1.33	1.26	(1.50)	2.72	(2.64)	7.76
ARTNX	0.59	0.11	0.18	(1.18)	0.61	(0.68)	1.23	(1.14)	3.96

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