Blackrock Tactical Opportunities Fund Market Value
| PBAIX Fund | USD 14.81 0.03 0.20% |
| Symbol | Blackrock |
Blackrock Tactical '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 Tactical'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 Tactical.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Blackrock Tactical on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Tactical Opportunities or generate 0.0% return on investment in Blackrock Tactical over 690 days. Blackrock Tactical is related to or competes with Boston Partners, Vanguard Small-cap, Victory Rs, Amg River, Heartland Value, American Century, and Pace Small/medium. The advisor uses a macro asset allocation strategy, investing varying percentages of its portfolio in global stocks, bon... More
Blackrock Tactical 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 Tactical'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 Tactical Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4781 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 1.9 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.8219 |
Blackrock Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Tactical's standard deviation. In reality, there are many statistical measures that can use Blackrock Tactical historical prices to predict the future Blackrock Tactical's volatility.| Risk Adjusted Performance | 0.1378 | |||
| Jensen Alpha | 0.0353 | |||
| Total Risk Alpha | 0.0075 | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.2121 |
Blackrock Tactical Backtested Returns
At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Tactical secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock Tactical Opportunities, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Tactical's risk adjusted performance of 0.1378, and Mean Deviation of 0.3567 to double-check if the risk estimate we provide is consistent with the expected return of 0.0846%. The fund shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Tactical is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Blackrock Tactical Opportunities has modest predictability. Overlapping area represents the amount of predictability between Blackrock Tactical time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 Tactical price movement. The serial correlation of 0.51 indicates that about 51.0% of current Blackrock Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Blackrock Tactical lagged returns against current returns
Autocorrelation, which is Blackrock Tactical 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 Tactical's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Tactical returns to help us make a trade decision. For example, suppose you find that Blackrock Tactical 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 Tactical 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 Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Tactical 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 Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Tactical Lagged Returns
When evaluating Blackrock Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Tactical mutual fund have on its future price. Blackrock Tactical 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 Tactical autocorrelation shows the relationship between Blackrock Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Tactical Opportunities.
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 Tactical 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 Tactical security.
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