Brf Clf Mpl Fund Market Value
| MACMX Fund | USD 12.13 0.01 0.08% |
| Symbol | Brf |
Brf Clf '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 Brf Clf'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 Brf Clf.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Brf Clf on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Brf Clf Mpl or generate 0.0% return on investment in Brf Clf over 30 days. Brf Clf is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. Under normal circumstances, the fund will invest at least 80 percent of its assets in California municipal bonds More
Brf Clf 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 Brf Clf'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 Brf Clf Mpl upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2768 | |||
| Information Ratio | (0.60) | |||
| Maximum Drawdown | 1.0 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.3328 |
Brf Clf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brf Clf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brf Clf's standard deviation. In reality, there are many statistical measures that can use Brf Clf historical prices to predict the future Brf Clf's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | 0.0542 |
Brf Clf Mpl Backtested Returns
At this stage we consider Brf Mutual Fund to be very steady. Brf Clf Mpl secures Sharpe Ratio (or Efficiency) of 0.0332, which signifies that the fund had a 0.0332% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Brf Clf Mpl, which you can use to evaluate the volatility of the entity. Please confirm Brf Clf's risk adjusted performance of (0), and Mean Deviation of 0.1289 to double-check if the risk estimate we provide is consistent with the expected return of 0.0067%. The fund shows a Beta (market volatility) of -0.0655, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brf Clf are expected to decrease at a much lower rate. During the bear market, Brf Clf is likely to outperform the market.
Auto-correlation | -0.38 |
Poor reverse predictability
Brf Clf Mpl has poor reverse predictability. Overlapping area represents the amount of predictability between Brf Clf time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Brf Clf Mpl price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Brf Clf price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Brf Clf Mpl lagged returns against current returns
Autocorrelation, which is Brf Clf 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 Brf Clf's mutual fund expected returns. We can calculate the autocorrelation of Brf Clf returns to help us make a trade decision. For example, suppose you find that Brf Clf 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 |
Brf Clf 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 Brf Clf mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brf Clf mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brf Clf mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Brf Clf Lagged Returns
When evaluating Brf Clf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brf Clf mutual fund have on its future price. Brf Clf 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, Brf Clf autocorrelation shows the relationship between Brf Clf mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Brf Clf Mpl.
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 Brf Mutual Fund
Brf Clf financial ratios help investors to determine whether Brf 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 Brf with respect to the benefits of owning Brf Clf security.
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