Blackrock Income Closed Etf Market Value
| BKT Etf | USD 11.68 0.09 0.76% |
| Symbol | BlackRock |
The market value of BlackRock Income Closed is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock Income's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Income's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock Income's market value can be influenced by many factors that don't directly affect BlackRock Income's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Income'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 Income '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 Income's etf 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 Income.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in BlackRock Income on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Income Closed or generate 0.0% return on investment in BlackRock Income over 90 days. BlackRock Income is related to or competes with DWS Municipal, Blackrock Muniholdings, Abrdn Emerging, Brookfield Business, BlackRock Limited, BlackRock Credit, and Blackrock Taxable. BlackRock Income Trust, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc More
BlackRock Income 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 Income's etf 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 Income Closed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.202 | |||
| Maximum Drawdown | 2.68 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.8969 |
BlackRock Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Income's standard deviation. In reality, there are many statistical measures that can use BlackRock Income historical prices to predict the future BlackRock Income's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.08 | |||
| Treynor Ratio | (0.18) |
BlackRock Income Closed Backtested Returns
Currently, BlackRock Income Closed is very steady. BlackRock Income Closed secures Sharpe Ratio (or Efficiency) of 0.0408, which signifies that the etf had a 0.0408 % return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for BlackRock Income Closed, which you can use to evaluate the volatility of the entity. Please confirm BlackRock Income's risk adjusted performance of (0.02), and Mean Deviation of 0.4181 to double-check if the risk estimate we provide is consistent with the expected return of 0.0248%. The etf shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Income is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
BlackRock Income Closed has weak predictability. Overlapping area represents the amount of predictability between BlackRock Income time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Income Closed price movement. The serial correlation of 0.21 indicates that over 21.0% of current BlackRock Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BlackRock Income Closed lagged returns against current returns
Autocorrelation, which is BlackRock Income etf'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 Income's etf expected returns. We can calculate the autocorrelation of BlackRock Income returns to help us make a trade decision. For example, suppose you find that BlackRock Income has exhibited high autocorrelation historically, and you observe that the etf 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 Income 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 Income etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Income etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Income etf over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Income Lagged Returns
When evaluating BlackRock Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Income etf have on its future price. BlackRock Income 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 Income autocorrelation shows the relationship between BlackRock Income etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Income Closed.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in BlackRock Etf
BlackRock Income financial ratios help investors to determine whether BlackRock Etf 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 Income security.