Blackrock Fundamental Growth Fund Market Value
| MAFGX Fund | USD 43.74 0.38 0.88% |
| Symbol | Blackrock |
Blackrock Fundamental '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 Fundamental'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 Fundamental.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Blackrock Fundamental on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Fundamental Growth or generate 0.0% return on investment in Blackrock Fundamental over 30 days. Blackrock Fundamental is related to or competes with Blackrock California, Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, Blackrock Emerging, Blackrock Equity, and Blackrock Advantage. The fund invests primarily in a diversified portfolio consisting primarily of common stock of U.S More
Blackrock Fundamental 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 Fundamental'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 Fundamental Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0434 | |||
| Maximum Drawdown | 6.13 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.7 |
Blackrock Fundamental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Fundamental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Fundamental's standard deviation. In reality, there are many statistical measures that can use Blackrock Fundamental historical prices to predict the future Blackrock Fundamental's volatility.| Risk Adjusted Performance | 0.0609 | |||
| Jensen Alpha | 0.0515 | |||
| Total Risk Alpha | 0.0392 | |||
| Sortino Ratio | 0.0363 | |||
| Treynor Ratio | 0.0803 |
Blackrock Fundamental Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Fundamental secures Sharpe Ratio (or Efficiency) of 0.0435, which signifies that the fund had a 0.0435% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Fundamental Growth, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Fundamental's mean deviation of 0.8042, and Risk Adjusted Performance of 0.0609 to double-check if the risk estimate we provide is consistent with the expected return of 0.0481%. The fund shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Blackrock Fundamental returns are very sensitive to returns on the market. As the market goes up or down, Blackrock Fundamental is expected to follow.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Blackrock Fundamental Growth has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Blackrock Fundamental time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 Fundamental price movement. The serial correlation of -0.78 indicates that around 78.0% of current Blackrock Fundamental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Blackrock Fundamental lagged returns against current returns
Autocorrelation, which is Blackrock Fundamental 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 Fundamental's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Fundamental returns to help us make a trade decision. For example, suppose you find that Blackrock Fundamental 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 Fundamental 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 Fundamental mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Fundamental 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 Fundamental mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Fundamental Lagged Returns
When evaluating Blackrock Fundamental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Fundamental mutual fund have on its future price. Blackrock Fundamental 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 Fundamental autocorrelation shows the relationship between Blackrock Fundamental mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Fundamental 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 Fundamental 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 Fundamental security.
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