Blackrock Mutual Fund Market Value

BCGPX
 Fund
  

USD 12.74  0.05  0.39%   

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
Backtest

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
06/03/2022
No Change 0.00  0.0 
In 31 days
07/03/2022
0.00
If you would invest  0.00  in Blackrock 6040 on June 3, 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. 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
11.5412.7413.94
Details
Intrinsic
Valuation
LowReal ValueHigh
11.7112.9114.11
Details
Naive
Forecast
LowNext ValueHigh
11.9113.1114.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.7012.7612.82
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

Blackrock 6040 Target secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the fund had -0.17% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Blackrock 6040 Target exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Blackrock 6040 Target risk adjusted performance of (0.25), and Mean Deviation of 0.8615 to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of 0.6345, 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. Even though it is essential to pay attention to Blackrock 6040 Target historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Blackrock 6040 Target exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.12  

Insignificant reverse predictability

Blackrock 6040 Target has insignificant reverse predictability. Overlapping area represents the amount of predictability between Blackrock 6040 time series from 3rd of June 2022 to 18th of June 2022 and 18th of June 2022 to 3rd of July 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 -0.12 indicates that less than 12.0% of current Blackrock 6040 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.12
Spearman Rank Test-0.59
Residual Average0.0
Price Variance0.0

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.

Current Sentiment - BCGPX

Blackrock 6040 Target Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Blackrock 6040 Target. What is your opinion about investing in Blackrock 6040 Target? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Blackrock Mutual Fund analysis

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...