Blackrock Commodity Strategies Fund Market Value

BCSKX Fund  USD 8.91  0.03  0.34%   
Blackrock Commodity's market value is the price at which a share of Blackrock Commodity trades on a public exchange. It measures the collective expectations of Blackrock Commodity Strategies investors about its performance. Blackrock Commodity is trading at 8.91 as of the 13th of February 2025; that is 0.34 percent decrease since the beginning of the trading day. The fund's open price was 8.94.
With this module, you can estimate the performance of a buy and hold strategy of Blackrock Commodity Strategies and determine expected loss or profit from investing in Blackrock Commodity over a given investment horizon. Check out Blackrock Commodity Correlation, Blackrock Commodity Volatility and Blackrock Commodity Alpha and Beta module to complement your research on Blackrock Commodity.
Symbol

Please note, there is a significant difference between Blackrock Commodity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Commodity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Commodity's 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 Commodity '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 Commodity'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 Blackrock Commodity.
0.00
02/24/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
02/13/2025
0.00
If you would invest  0.00  in Blackrock Commodity on February 24, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Commodity Strategies or generate 0.0% return on investment in Blackrock Commodity over 720 days. Blackrock Commodity is related to or competes with Transamerica International, Pioneer Core, Rbc Global, Dreyfus/standish, Enhanced Fixed, and Locorr Dynamic. The adviser utilizes two strategies and under normal circumstances expects to invest approximately 50 percent of its tot... More

Blackrock Commodity 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 Commodity'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 Blackrock Commodity Strategies upside and downside potential and time the market with a certain degree of confidence.

Blackrock Commodity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Commodity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Commodity's standard deviation. In reality, there are many statistical measures that can use Blackrock Commodity historical prices to predict the future Blackrock Commodity's volatility.
Hype
Prediction
LowEstimatedHigh
8.268.919.56
Details
Intrinsic
Valuation
LowRealHigh
8.178.829.47
Details
Naive
Forecast
LowNextHigh
8.318.969.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.578.758.94
Details

Blackrock Commodity Backtested Returns

At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Commodity secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Commodity Strategies, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Commodity's risk adjusted performance of 0.1212, and Mean Deviation of 0.4988 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Commodity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Commodity is expected to be smaller as well.

Auto-correlation

    
  -0.38  

Poor reverse predictability

Blackrock Commodity Strategies has poor reverse predictability. Overlapping area represents the amount of predictability between Blackrock Commodity time series from 24th of February 2023 to 19th of February 2024 and 19th of February 2024 to 13th of February 2025. 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 Commodity price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Blackrock Commodity price fluctuation can be explain by its past prices.
Correlation Coefficient-0.38
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.08
Blackrock ReturnsBlackrock Lagged ReturnsDiversified AwayBlackrock ReturnsBlackrock Lagged ReturnsDiversified Away100%

Blackrock Commodity lagged returns against current returns

Autocorrelation, which is Blackrock Commodity 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 Commodity's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Commodity returns to help us make a trade decision. For example, suppose you find that Blackrock Commodity 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   
JavaScript chart by amCharts 3.21.15MarMayJulSepNov2025-5%0%5%10%15% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Blackrock Commodity 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 Commodity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Commodity 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 Commodity mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15MarMayJulSepNov20257.87.98.08.18.28.38.48.58.68.7
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Blackrock Commodity Lagged Returns

When evaluating Blackrock Commodity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Commodity mutual fund have on its future price. Blackrock Commodity 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 Commodity autocorrelation shows the relationship between Blackrock Commodity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Commodity Strategies.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15AprJulOct2024AprJulOct20257.47.67.88.08.28.48.68.89.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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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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