Blackrock Aggressive Gwthprprdptfinvstrr Fund Market Value
| BRAPX Fund | USD 15.85 0.04 0.25% |
| Symbol | Blackrock |
Blackrock Aggressive '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 Aggressive'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 Aggressive.
| 04/29/2022 |
| 04/18/2024 |
If you would invest 0.00 in Blackrock Aggressive on April 29, 2022 and sell it all today you would earn a total of 0.00 from holding Blackrock Aggressive Gwthprprdptfinvstrr or generate 0.0% return on investment in Blackrock Aggressive over 720 days. Blackrock Aggressive is related to or competes with Franklin Gold, International Investors, Sprott Gold, Vy Goldman, Gabelli Gold, Oppenheimer Gold, and Fidelity Advisor. The fund, which is a fund of funds, normally obtains exposure to equity securities in an amount equal to 80 percent of i... More
Blackrock Aggressive 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 Aggressive'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 Aggressive Gwthprprdptfinvstrr upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8047 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.78 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.9254 |
Blackrock Aggressive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Aggressive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Aggressive's standard deviation. In reality, there are many statistical measures that can use Blackrock Aggressive historical prices to predict the future Blackrock Aggressive's volatility.| Risk Adjusted Performance | 0.0508 | |||
| Jensen Alpha | 0.0084 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0575 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Aggressive'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.
Blackrock Aggressive Backtested Returns
We consider Blackrock Aggressive very steady. Blackrock Aggressive secures Sharpe Ratio (or Efficiency) of 0.0945, which signifies that the fund had a 0.0945% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Aggressive Gwthprprdptfinvstrr, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Aggressive's risk adjusted performance of 0.0508, and Mean Deviation of 0.443 to double-check if the risk estimate we provide is consistent with the expected return of 0.0589%. The fund shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Aggressive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Aggressive is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Blackrock Aggressive Gwthprprdptfinvstrr has average predictability. Overlapping area represents the amount of predictability between Blackrock Aggressive time series from 29th of April 2022 to 24th of April 2023 and 24th of April 2023 to 18th of April 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 Aggressive price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Blackrock Aggressive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Blackrock Aggressive lagged returns against current returns
Autocorrelation, which is Blackrock Aggressive 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 Aggressive's mutual fund expected returns. We can calculate the autocorrelation of Blackrock Aggressive returns to help us make a trade decision. For example, suppose you find that Blackrock Aggressive 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 Aggressive 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 Aggressive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Aggressive 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 Aggressive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Aggressive Lagged Returns
When evaluating Blackrock Aggressive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Aggressive mutual fund have on its future price. Blackrock Aggressive 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 Aggressive autocorrelation shows the relationship between Blackrock Aggressive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Aggressive Gwthprprdptfinvstrr.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blackrock Aggressive in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blackrock Aggressive's short interest history, or implied volatility extrapolated from Blackrock Aggressive options trading.
Pair Trading with Blackrock Aggressive
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackrock Aggressive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackrock Aggressive will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackrock Mutual Fund
| 0.76 | MKCMX | Blackrock California | PairCorr |
| 0.99 | MKCPX | Blackrock Balanced | PairCorr |
| 0.97 | MKEFX | Blackrock Eurofund Class | PairCorr |
| 0.9 | MKDCX | Blackrock Emerging | PairCorr |
| 0.96 | MKDVX | Blackrock Equity Dividend | PairCorr |
The ability to find closely correlated positions to Blackrock Aggressive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Aggressive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackrock Aggressive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackrock Aggressive Gwthprprdptfinvstrr to buy it.
The correlation of Blackrock Aggressive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackrock Aggressive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Aggressive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackrock Aggressive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Blackrock Aggressive Correlation, Blackrock Aggressive Volatility and Blackrock Aggressive Alpha and Beta module to complement your research on Blackrock Aggressive. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Blackrock Aggressive technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.