Blrc Sgy Mnp Fund Market Value
| MDMTX Fund | USD 10.43 0.01 0.1% |
| Symbol | Blrc |
Blrc Sgy '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 Blrc Sgy'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 Blrc Sgy.
| 12/25/2024 |
| 03/25/2025 |
If you would invest 0.00 in Blrc Sgy on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Blrc Sgy Mnp or generate 0.0% return on investment in Blrc Sgy over 90 days. Blrc Sgy is related to or competes with Short-term Government, Franklin Adjustable, Baird Quality, Goldman Sachs, Intermediate-term, Limited Term, and Us Government. Under normal circumstances, the fund will invest at least 80 percent of its assets in municipal bonds More
Blrc Sgy 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 Blrc Sgy'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 Blrc Sgy Mnp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.046 | |||
| Maximum Drawdown | 1.34 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.3806 |
Blrc Sgy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blrc Sgy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blrc Sgy's standard deviation. In reality, there are many statistical measures that can use Blrc Sgy historical prices to predict the future Blrc Sgy's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blrc Sgy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blrc Sgy Mnp Backtested Returns
At this stage we consider Blrc Mutual Fund to be very steady. Blrc Sgy Mnp secures Sharpe Ratio (or Efficiency) of 0.0332, which signifies that the fund had a 0.0332 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Blrc Sgy Mnp, which you can use to evaluate the volatility of the entity. Please confirm Blrc Sgy's Mean Deviation of 0.1818, risk adjusted performance of (0.07), and Standard Deviation of 0.2697 to double-check if the risk estimate we provide is consistent with the expected return of 0.0085%. The fund shows a Beta (market volatility) of 0.0654, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blrc Sgy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blrc Sgy is expected to be smaller as well.
Auto-correlation | -0.7 |
Very good reverse predictability
Blrc Sgy Mnp has very good reverse predictability. Overlapping area represents the amount of predictability between Blrc Sgy time series from 25th of December 2024 to 8th of February 2025 and 8th of February 2025 to 25th 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 Blrc Sgy Mnp price movement. The serial correlation of -0.7 indicates that around 70.0% of current Blrc Sgy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blrc Sgy Mnp lagged returns against current returns
Autocorrelation, which is Blrc Sgy 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 Blrc Sgy's mutual fund expected returns. We can calculate the autocorrelation of Blrc Sgy returns to help us make a trade decision. For example, suppose you find that Blrc Sgy 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 |
Blrc Sgy 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 Blrc Sgy mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blrc Sgy mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blrc Sgy mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blrc Sgy Lagged Returns
When evaluating Blrc Sgy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blrc Sgy mutual fund have on its future price. Blrc Sgy 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, Blrc Sgy autocorrelation shows the relationship between Blrc Sgy mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blrc Sgy Mnp.
Regressed Prices |
| Timeline |
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Other Information on Investing in Blrc Mutual Fund
Blrc Sgy financial ratios help investors to determine whether Blrc 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 Blrc with respect to the benefits of owning Blrc Sgy security.
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