Blackrock High Equity Fund Market Value
| BMCIX Fund | USD 28.06 0.11 0.39% |
| Symbol | Blackrock |
Blackrock High '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 High'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 High.
| 05/31/2024 |
| 12/27/2024 |
If you would invest 0.00 in Blackrock High on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock High Equity or generate 0.0% return on investment in Blackrock High over 210 days. Blackrock High is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. The fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, i... More
Blackrock High 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 High'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 High Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.94 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.7558 |
Blackrock High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock High's standard deviation. In reality, there are many statistical measures that can use Blackrock High historical prices to predict the future Blackrock High's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.65) |
Blackrock High Equity Backtested Returns
Blackrock High Equity secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the fund had a -0.13% return per unit of standard deviation over the last 3 months. Blackrock High Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock High's risk adjusted performance of (0.07), and Mean Deviation of 0.4446 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0963, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock High is expected to be smaller as well.
Auto-correlation | -0.26 |
Weak reverse predictability
Blackrock High Equity has weak reverse predictability. Overlapping area represents the amount of predictability between Blackrock High time series from 31st of May 2024 to 13th of September 2024 and 13th of September 2024 to 27th 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 High Equity price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Blackrock High price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Blackrock High Equity lagged returns against current returns
Autocorrelation, which is Blackrock High 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 High's mutual fund expected returns. We can calculate the autocorrelation of Blackrock High returns to help us make a trade decision. For example, suppose you find that Blackrock High 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 High 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 High mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock High 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 High mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock High Lagged Returns
When evaluating Blackrock High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock High mutual fund have on its future price. Blackrock High 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 High autocorrelation shows the relationship between Blackrock High mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock High Equity.
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 Blackrock Mutual Fund
Blackrock High 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 High security.
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