Blackrock Commodity Strategies Fund Price on November 21, 2024
| BICSX Fund | USD 8.71 0.02 0.23% |
Below is the normalized historical share price chart for Blackrock Commodity Strategies extending back to October 04, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blackrock Commodity stands at 8.71, as last reported on the 1st of December, with the highest price reaching 8.71 and the lowest price hitting 8.71 during the day.
If you're considering investing in Blackrock Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Commodity secures Sharpe Ratio (or Efficiency) of 0.0659, which signifies that the fund had a 0.0659% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Commodity Strategies, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Commodity's mean deviation of 0.6104, and Risk Adjusted Performance of 0.0185 to double-check if the risk estimate we provide is consistent with the expected return of 0.0502%.
Blackrock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackrock |
Sharpe Ratio = 0.0659
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| Cash | BICSX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Blackrock Commodity is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blackrock Commodity by adding it to a well-diversified portfolio.
Blackrock Commodity Valuation on November 21, 2024
It is possible to determine the worth of Blackrock Commodity on a given historical date. On November 21, 2024 Blackrock was worth 8.8 at the beginning of the trading date compared to the closed value of 8.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackrock Commodity mutual fund. Still, in general, we apply an absolute valuation method to find Blackrock Commodity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blackrock Commodity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackrock Commodity's related companies.
| Open | High | Low | Close | Volume | |
| 8.74 | 8.74 | 8.74 | 8.74 | 1.00 | |
11/21/2024 | 8.80 | 8.80 | 8.80 | 8.80 | 1.00 |
| 8.83 | 8.83 | 8.83 | 8.83 | 1.00 |
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Blackrock Commodity Trading Date Momentum on November 21, 2024
| On November 22 2024 Blackrock Commodity Strategies was traded for 8.83 at the closing time. The highest daily price throughout the period was 8.83 and the lowest price was 8.83 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.34% . The overall trading delta to current closing price is 1.02% . |
Blackrock Commodity Fundamentals Correlations and Trends
By evaluating Blackrock Commodity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blackrock Commodity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blackrock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blackrock Commodity Mutual Fund history
Blackrock Commodity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blackrock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blackrock Commodity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blackrock Commodity stock prices may prove useful in developing a viable investing in Blackrock Commodity
The adviser utilizes two strategies and under normal circumstances expects to invest approximately 50 percent of its total assets in each strategy. One strategy focuses on investments in commodity-linked derivatives. To meet coverage and collateral requirements associated with these derivative investments, and to invest excess cash, the fund holds a portion of its portfolio in investment-grade short-term fixed-income securities. The other strategy focuses on equity investments in commodity-related companies, including, but not limited to, companies operating in the mining, energy and agricultural sectors.
Blackrock Commodity Mutual Fund Technical Analysis
Blackrock Commodity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Blackrock Commodity Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Blackrock Commodity Strategies cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Blackrock Commodity December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackrock Commodity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackrock Commodity shares will generate the highest return on investment. By undertsting and applying Blackrock Commodity mutual fund market strength indicators, traders can identify Blackrock Commodity Strategies entry and exit signals to maximize returns
Blackrock Commodity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackrock Commodity's price direction in advance. Along with the technical and fundamental analysis of Blackrock Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blackrock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0185 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0455 |
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| Volume Indicators |
Other Information on Investing in Blackrock Mutual Fund
Blackrock Commodity 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 Commodity security.
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