Blackrock Mutual Fund Market Value

BCGPX
 Fund
  

USD 13.69  0.14  1.03%   

Blackrock 6040's market value is the price at which a share of Blackrock 6040 stock trades on a public exchange. It measures the collective expectations of Blackrock 6040 Target investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Blackrock 6040 Target and determine expected loss or profit from investing in Blackrock 6040 over a given investment horizon. Continue to Blackrock 6040 Hype Analysis, Blackrock 6040 Correlation, Portfolio Optimization, Blackrock 6040 Volatility, as well as analyze Blackrock 6040 Alpha and Beta and Blackrock 6040 Performance.
Symbol

Please note, there is a significant difference between Blackrock 6040's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackrock 6040 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock 6040's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Blackrock 6040 '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 6040'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 6040.
0.00
07/16/2022
No Change 0.00  0.0 
In 31 days
08/15/2022
0.00
If you would invest  0.00  in Blackrock 6040 on July 16, 2022 and sell it all today you would earn a total of 0.00 from holding Blackrock 6040 Target or generate 0.0% return on investment in Blackrock 6040 over 30 days. Blackrock 6040 is related to or competes with Caterpillar. The fund, which is a fund of funds, normally obtains exposure to equity securities in an amount equal to 60 percent of i...More

Blackrock 6040 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 6040'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 6040 Target upside and downside potential and time the market with a certain degree of confidence.

Blackrock 6040 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock 6040's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock 6040's standard deviation. In reality, there are many statistical measures that can use Blackrock 6040 historical prices to predict the future Blackrock 6040's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Blackrock 6040'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. Please use the tools below to analyze the current value of Blackrock 6040 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12.5213.5514.58
Details
Intrinsic
Valuation
LowReal ValueHigh
12.4113.4414.47
Details
Naive
Forecast
LowNext ValueHigh
12.5913.6214.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.1013.4113.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blackrock 6040. Your research has to be compared to or analyzed against Blackrock 6040's peers to derive any actionable benefits. When done correctly, Blackrock 6040's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Blackrock 6040 Target.

Blackrock 6040 Target Backtested Returns

We consider Blackrock 6040 very steady. Blackrock 6040 Target secures Sharpe Ratio (or Efficiency) of 0.0324, which signifies that the fund had 0.0324% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Blackrock 6040 Target, which you can use to evaluate the future volatility of the entity. Please confirm Blackrock 6040 Target mean deviation of 0.7007, and Risk Adjusted Performance of 0.0567 to double-check if the risk estimate we provide is consistent with the expected return of 0.0334%.
The fund shows a Beta (market volatility) of 0.5884, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Blackrock's beta means in this case. As returns on the market increase, Blackrock 6040 returns are expected to increase less than the market. However, during the bear market, the loss on holding Blackrock 6040 will be expected to be smaller as well. Although it is important to respect Blackrock 6040 Target historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Blackrock 6040 Target technical indicators, you can presently evaluate if the expected return of 0.0334% will be sustainable into the future.

Auto-correlation

    
  0.74  

Good predictability

Blackrock 6040 Target has good predictability. Overlapping area represents the amount of predictability between Blackrock 6040 time series from 16th of July 2022 to 31st of July 2022 and 31st of July 2022 to 15th of August 2022. 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 6040 Target price movement. The serial correlation of 0.74 indicates that around 74.0% of current Blackrock 6040 price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.76
Residual Average0.0
Price Variance0.01

Blackrock 6040 Target lagged returns against current returns

Autocorrelation, which is Blackrock 6040 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 6040's mutual fund expected returns. We can calculate the autocorrelation of Blackrock 6040 returns to help us make a trade decision. For example, suppose you find that Blackrock 6040 mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Blackrock 6040 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 6040 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock 6040 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 6040 mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Blackrock 6040 Lagged Returns

When evaluating Blackrock 6040's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock 6040 mutual fund have on its future price. Blackrock 6040 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 6040 autocorrelation shows the relationship between Blackrock 6040 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock 6040 Target.
   Regressed Prices   
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       Timeline  

Blackrock 6040 Investors Sentiment

The influence of Blackrock 6040's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Blackrock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 6040 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 6040's short interest history, or implied volatility extrapolated from Blackrock 6040 options trading.

Pair Trading with Blackrock 6040

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 6040 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 6040 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Blackrock 6040

0.8HDHome Depot Earnings Call  TomorrowPairCorr
0.91DISWalt Disney TrendingPairCorr
0.74JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Blackrock 6040 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 6040 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 6040 - 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 6040 Target to buy it.
The correlation of Blackrock 6040 is a statistical measure of how it moves in relation to other equities. 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 6040 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock 6040 Target 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 6040 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.
Pair CorrelationCorrelation Matching
Continue to Blackrock 6040 Hype Analysis, Blackrock 6040 Correlation, Portfolio Optimization, Blackrock 6040 Volatility, as well as analyze Blackrock 6040 Alpha and Beta and Blackrock 6040 Performance. Note that the Blackrock 6040 Target information on this page should be used as a complementary analysis to other Blackrock 6040's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Blackrock 6040 Target price analysis, check to measure Blackrock 6040's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock 6040 is operating at the current time. Most of Blackrock 6040's value examination focuses on studying past and present price action to predict the probability of Blackrock 6040's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackrock 6040's price. Additionally, you may evaluate how the addition of Blackrock 6040 to your portfolios can decrease your overall portfolio volatility.
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Blackrock 6040 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, stock market cycles, or different charting patterns.
A focus of Blackrock 6040 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blackrock 6040 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...