Blackrock Midcap Index Fund Market Value

BRMAX Fund  USD 13.82  0.35  2.47%   
Blackrock Midcap's market value is the price at which a share of Blackrock Midcap trades on a public exchange. It measures the collective expectations of Blackrock Midcap Index investors about its performance. Blackrock Midcap is trading at 13.82 as of the 16th of March 2025; that is 2.47% down since the beginning of the trading day. The fund's open price was 14.17.
With this module, you can estimate the performance of a buy and hold strategy of Blackrock Midcap Index and determine expected loss or profit from investing in Blackrock Midcap over a given investment horizon. Check out Blackrock Midcap Correlation, Blackrock Midcap Volatility and Blackrock Midcap Alpha and Beta module to complement your research on Blackrock Midcap.
Symbol

Please note, there is a significant difference between Blackrock Midcap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Midcap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Midcap'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 Midcap '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 Midcap'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 Midcap.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Blackrock Midcap on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Midcap Index or generate 0.0% return on investment in Blackrock Midcap over 90 days. Blackrock Midcap is related to or competes with Blackrock, Blackrock, Blackrock Total, Blackrock Intern, and Blackrock Bond. The fund generally invests at least 90 percent of its assets, plus the amount of any borrowing for investment purposes, ... More

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

Blackrock Midcap Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Midcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Midcap's standard deviation. In reality, there are many statistical measures that can use Blackrock Midcap historical prices to predict the future Blackrock Midcap's volatility.
Hype
Prediction
LowEstimatedHigh
12.7213.8214.92
Details
Intrinsic
Valuation
LowRealHigh
11.7912.8913.99
Details
Naive
Forecast
LowNextHigh
12.6713.7714.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.8514.8115.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blackrock Midcap. Your research has to be compared to or analyzed against Blackrock Midcap's peers to derive any actionable benefits. When done correctly, Blackrock Midcap's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Blackrock Midcap Index.

Blackrock Midcap Index Backtested Returns

Blackrock Midcap Index secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the fund had a -0.15 % return per unit of standard deviation over the last 3 months. Blackrock Midcap Index exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock Midcap's risk adjusted performance of (0.20), and Mean Deviation of 0.8172 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock Midcap are expected to decrease at a much lower rate. During the bear market, Blackrock Midcap is likely to outperform the market.

Auto-correlation

    
  -0.68  

Very good reverse predictability

Blackrock Midcap Index has very good reverse predictability. Overlapping area represents the amount of predictability between Blackrock Midcap time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Midcap Index price movement. The serial correlation of -0.68 indicates that around 68.0% of current Blackrock Midcap price fluctuation can be explain by its past prices.
Correlation Coefficient-0.68
Spearman Rank Test-0.42
Residual Average0.0
Price Variance0.25

Blackrock Midcap Index lagged returns against current returns

Autocorrelation, which is Blackrock Midcap 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 Midcap's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Midcap returns to help us make a trade decision. For example, suppose you find that Blackrock Midcap 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 Midcap 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 Midcap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Midcap 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 Midcap mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Blackrock Midcap Lagged Returns

When evaluating Blackrock Midcap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Midcap mutual fund have on its future price. Blackrock Midcap 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 Midcap autocorrelation shows the relationship between Blackrock Midcap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Midcap Index.
   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 Midcap 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 Midcap security.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators