Bdvex Fund Market Value
| BDVEX Fund | 13.01 0.06 0.46% |
| Symbol | Bdvex |
Bdvex '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 Bdvex'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 Bdvex.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Bdvex on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Bdvex or generate 0.0% return on investment in Bdvex over 30 days. Bdvex is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. The fund invests, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in equity securities, including common stock, preferred stock, securities convertible into common stock and securities or other instruments whose price is linked to the value of common stock. More
Bdvex 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 Bdvex'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 Bdvex upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.21 | |||
| Information Ratio | 0.0152 | |||
| Maximum Drawdown | 39.42 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.92 |
Bdvex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bdvex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bdvex's standard deviation. In reality, there are many statistical measures that can use Bdvex historical prices to predict the future Bdvex's volatility.| Risk Adjusted Performance | 0.0292 | |||
| Jensen Alpha | 0.0858 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0149 | |||
| Treynor Ratio | 0.1576 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bdvex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bdvex Backtested Returns
At this stage we consider Bdvex Mutual Fund to be somewhat reliable. Bdvex secures Sharpe Ratio (or Efficiency) of 0.0237, which signifies that the fund had a 0.0237% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bdvex, which you can use to evaluate the volatility of the entity. Please confirm Bdvex's Risk Adjusted Performance of 0.0292, downside deviation of 5.21, and Mean Deviation of 1.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. Bdvex returns are very sensitive to returns on the market. As the market goes up or down, Bdvex is expected to follow.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Bdvex has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bdvex time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Bdvex price movement. The serial correlation of -0.71 indicates that around 71.0% of current Bdvex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Bdvex lagged returns against current returns
Autocorrelation, which is Bdvex 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 Bdvex's mutual fund expected returns. We can calculate the autocorrelation of Bdvex returns to help us make a trade decision. For example, suppose you find that Bdvex 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 |
Bdvex 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 Bdvex mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bdvex mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bdvex mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Bdvex Lagged Returns
When evaluating Bdvex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bdvex mutual fund have on its future price. Bdvex 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, Bdvex autocorrelation shows the relationship between Bdvex mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Bdvex.
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 Bdvex Mutual Fund
Bdvex financial ratios help investors to determine whether Bdvex 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 Bdvex with respect to the benefits of owning Bdvex security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |