Blackrock Smid Cap Growth Fund Market Value
| BSDAX Fund | USD 14.17 0.20 1.39% |
| Symbol | Blackrock |
Blackrock Smid '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 Smid'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 Smid.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Blackrock Smid on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Smid Cap Growth or generate 0.0% return on investment in Blackrock Smid over 480 days. Blackrock Smid is related to or competes with T Rowe, T Rowe, SCOR PK, Morningstar Unconstrained, Thrivent High, Via Renewables, and Bondbloxx ETF. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings fo... More
Blackrock Smid 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 Smid'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 Smid Cap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.1468 | |||
| Maximum Drawdown | 5.85 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.86 |
Blackrock Smid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Smid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Smid's standard deviation. In reality, there are many statistical measures that can use Blackrock Smid historical prices to predict the future Blackrock Smid's volatility.| Risk Adjusted Performance | 0.1953 | |||
| Jensen Alpha | 0.2355 | |||
| Total Risk Alpha | 0.1023 | |||
| Sortino Ratio | 0.1471 | |||
| Treynor Ratio | 0.9565 |
Blackrock Smid Cap Backtested Returns
Blackrock Smid appears to be very steady, given 3 months investment horizon. Blackrock Smid Cap secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Smid Cap Growth, which you can use to evaluate the volatility of the entity. Please makes use of Blackrock Smid's risk adjusted performance of 0.1953, and Mean Deviation of 0.791 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Smid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Smid is expected to be smaller as well.
Auto-correlation | 0.63 |
Good predictability
Blackrock Smid Cap Growth has good predictability. Overlapping area represents the amount of predictability between Blackrock Smid time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Smid Cap price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Blackrock Smid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Blackrock Smid Cap lagged returns against current returns
Autocorrelation, which is Blackrock Smid 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 Smid's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Smid returns to help us make a trade decision. For example, suppose you find that Blackrock Smid 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 Smid 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 Smid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Smid 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 Smid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Smid Lagged Returns
When evaluating Blackrock Smid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Smid mutual fund have on its future price. Blackrock Smid 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 Smid autocorrelation shows the relationship between Blackrock Smid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Smid Cap Growth.
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 Smid 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 Smid security.
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