BlackRock Global (Germany) Market Value
| 0P0000J4OR | 48.84 1.24 2.48% |
| Symbol | BlackRock |
BlackRock Global '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 Global's 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 Global.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in BlackRock Global on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Global Funds or generate 0.0% return on investment in BlackRock Global over 180 days.
BlackRock Global 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 Global's 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 Global Funds upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.6 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 1.56 |
BlackRock Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Global's standard deviation. In reality, there are many statistical measures that can use BlackRock Global historical prices to predict the future BlackRock Global's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.28) |
BlackRock Global Funds Backtested Returns
BlackRock Global Funds secures Sharpe Ratio (or Efficiency) of -0.0434, which signifies that the fund had a -0.0434% return per unit of standard deviation over the last 3 months. BlackRock Global Funds exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock Global's mean deviation of 0.7052, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Global is expected to be smaller as well.
Auto-correlation | 0.30 |
Below average predictability
BlackRock Global Funds has below average predictability. Overlapping area represents the amount of predictability between BlackRock Global time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Global Funds price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current BlackRock Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
BlackRock Global Funds lagged returns against current returns
Autocorrelation, which is BlackRock Global 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 Global's fund expected returns. We can calculate the autocorrelation of BlackRock Global returns to help us make a trade decision. For example, suppose you find that BlackRock Global has exhibited high autocorrelation historically, and you observe that the 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 Global 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 Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Global fund over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Global Lagged Returns
When evaluating BlackRock Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Global fund have on its future price. BlackRock Global 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 Global autocorrelation shows the relationship between BlackRock Global fund current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Global Funds.
Regressed Prices |
| Timeline |
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