Blackrock Science Technology Fund Market Value

BGSRX Fund  USD 66.49  4.07  5.77%   
Blackrock Science's market value is the price at which a share of Blackrock Science trades on a public exchange. It measures the collective expectations of Blackrock Science Technology investors about its performance. Blackrock Science is trading at 66.49 as of the 12th of December 2024; that is 5.77 percent decrease since the beginning of the trading day. The fund's open price was 70.56.
With this module, you can estimate the performance of a buy and hold strategy of Blackrock Science Technology and determine expected loss or profit from investing in Blackrock Science over a given investment horizon. Check out Blackrock Science Correlation, Blackrock Science Volatility and Blackrock Science Alpha and Beta module to complement your research on Blackrock Science.
Symbol

Please note, there is a significant difference between Blackrock Science's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Science is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Science'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 Science '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 Science'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 Science.
0.00
11/12/2024
No Change 0.00  0.0 
In 31 days
12/12/2024
0.00
If you would invest  0.00  in Blackrock Science on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Science Technology or generate 0.0% return on investment in Blackrock Science over 30 days. Blackrock Science is related to or competes with Blackrock Health, Blackrock Mid, Fidelity Advisor, Blackrock Science, and Morgan Stanley. The fund invests at least 80 percent of its net assets in equity securities issued by U.S More

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

Blackrock Science Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Science's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Science's standard deviation. In reality, there are many statistical measures that can use Blackrock Science historical prices to predict the future Blackrock Science's volatility.
Hype
Prediction
LowEstimatedHigh
65.0966.4967.89
Details
Intrinsic
Valuation
LowRealHigh
65.2066.6068.00
Details
Naive
Forecast
LowNextHigh
66.0367.4368.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
64.6067.8271.04
Details

Blackrock Science Backtested Returns

At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Science secures Sharpe Ratio (or Efficiency) of 0.0634, which signifies that the fund had a 0.0634% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Science Technology, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Science's risk adjusted performance of 0.0956, and Mean Deviation of 0.9827 to double-check if the risk estimate we provide is consistent with the expected return of 0.0886%. The fund shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Science's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Science is expected to be smaller as well.

Auto-correlation

    
  -0.51  

Good reverse predictability

Blackrock Science Technology has good reverse predictability. Overlapping area represents the amount of predictability between Blackrock Science time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Science price movement. The serial correlation of -0.51 indicates that about 51.0% of current Blackrock Science price fluctuation can be explain by its past prices.
Correlation Coefficient-0.51
Spearman Rank Test-0.48
Residual Average0.0
Price Variance3.32

Blackrock Science lagged returns against current returns

Autocorrelation, which is Blackrock Science 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 Science's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Science returns to help us make a trade decision. For example, suppose you find that Blackrock Science 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  

Blackrock Science 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 Science mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Science 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 Science mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Blackrock Science Lagged Returns

When evaluating Blackrock Science's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Science mutual fund have on its future price. Blackrock Science 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 Science autocorrelation shows the relationship between Blackrock Science mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Science Technology.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Blackrock Mutual Fund

Blackrock Science 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 Science security.
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