Blackrock 2037 Municipal Etf Market Value
| BMN Etf | USD 25.08 0.30 1.18% |
| Symbol | Blackrock |
The market value of Blackrock 2037 Municipal 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 2037's value that differs from its market value or its book value, called intrinsic value, which is Blackrock 2037'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 2037's market value can be influenced by many factors that don't directly affect Blackrock 2037'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 2037's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock 2037 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock 2037'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 2037 '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 2037'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 2037.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Blackrock 2037 on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock 2037 Municipal or generate 0.0% return on investment in Blackrock 2037 over 90 days. Blackrock 2037 is related to or competes with Eaton Vance, Blackrock Muniholdings, Nuveen California, RiverNorth Flexible, MFS Investment, Rivernorth Opportunistic, and RiverNorth Managed. Blackrock 2037 is entity of United States More
Blackrock 2037 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 2037'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 2037 Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5202 | |||
| Information Ratio | 0.235 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.8424 |
Blackrock 2037 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock 2037's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock 2037's standard deviation. In reality, there are many statistical measures that can use Blackrock 2037 historical prices to predict the future Blackrock 2037's volatility.| Risk Adjusted Performance | 0.0058 | |||
| Jensen Alpha | 0.019 | |||
| Total Risk Alpha | 0.0778 | |||
| Sortino Ratio | 0.2385 | |||
| Treynor Ratio | (0.02) |
Blackrock 2037 Municipal Backtested Returns
Blackrock 2037 Municipal secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the etf had a close to zero % return per unit of standard deviation over the last 3 months. Blackrock 2037 Municipal exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock 2037's risk adjusted performance of 0.0058, and Mean Deviation of 0.4044 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock 2037's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock 2037 is expected to be smaller as well.
Auto-correlation | -0.23 |
Weak reverse predictability
Blackrock 2037 Municipal has weak reverse predictability. Overlapping area represents the amount of predictability between Blackrock 2037 time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 2037 Municipal price movement. The serial correlation of -0.23 indicates that over 23.0% of current Blackrock 2037 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Blackrock 2037 Municipal lagged returns against current returns
Autocorrelation, which is Blackrock 2037 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 2037's etf expected returns. We can calculate the autocorrelation of Blackrock 2037 returns to help us make a trade decision. For example, suppose you find that Blackrock 2037 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 2037 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 2037 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock 2037 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock 2037 etf over time.
Current vs Lagged Prices |
| Timeline |
Blackrock 2037 Lagged Returns
When evaluating Blackrock 2037's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock 2037 etf have on its future price. Blackrock 2037 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 2037 autocorrelation shows the relationship between Blackrock 2037 etf current value and its past values and can show if there is a momentum factor associated with investing in Blackrock 2037 Municipal.
Regressed Prices |
| Timeline |
When determining whether Blackrock 2037 Municipal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blackrock 2037's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock 2037 Municipal Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock 2037 Municipal Etf:
Check out Blackrock 2037 Correlation, Blackrock 2037 Volatility and Blackrock 2037 Alpha and Beta module to complement your research on Blackrock 2037. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Blackrock 2037 technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.