Blackrock Enhanced Capital Fund Market Value
| CII Fund | USD 19.30 0.04 0.21% |
| Symbol | Blackrock |
Blackrock Enhanced '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 Enhanced's 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 Enhanced.
| 11/23/2023 |
| 05/21/2024 |
If you would invest 0.00 in Blackrock Enhanced on November 23, 2023 and sell it all today you would earn a total of 0.00 from holding Blackrock Enhanced Capital or generate 0.0% return on investment in Blackrock Enhanced over 180 days. Blackrock Enhanced is related to or competes with Flaherty Crumrine, Barings Participation, and AllianzGI Convertible. BlackRock Enhanced Capital and Income Fund, Inc More
Blackrock Enhanced 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 Enhanced's 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 Enhanced Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7839 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.75 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.42 |
Blackrock Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Enhanced's standard deviation. In reality, there are many statistical measures that can use Blackrock Enhanced historical prices to predict the future Blackrock Enhanced's volatility.| Risk Adjusted Performance | 0.021 | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0735 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Enhanced'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 Enhanced Backtested Returns
We consider Blackrock Enhanced very steady. Blackrock Enhanced secures Sharpe Ratio (or Efficiency) of 0.0467, which signifies that the fund had a 0.0467% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Enhanced Capital, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Enhanced's mean deviation of 0.5587, and Risk Adjusted Performance of 0.021 to double-check if the risk estimate we provide is consistent with the expected return of 0.0342%. The fund shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Enhanced is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Blackrock Enhanced Capital has good reverse predictability. Overlapping area represents the amount of predictability between Blackrock Enhanced time series from 23rd of November 2023 to 21st of February 2024 and 21st of February 2024 to 21st of May 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 Enhanced price movement. The serial correlation of -0.51 indicates that about 51.0% of current Blackrock Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Blackrock Enhanced lagged returns against current returns
Autocorrelation, which is Blackrock Enhanced 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 Enhanced's fund expected returns. We can calculate the autocorrelation of Blackrock Enhanced returns to help us make a trade decision. For example, suppose you find that Blackrock Enhanced has exhibited high autocorrelation historically, and you observe that the 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 Enhanced 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 Enhanced fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Enhanced fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock Enhanced fund over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Enhanced Lagged Returns
When evaluating Blackrock Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Enhanced fund have on its future price. Blackrock Enhanced 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 Enhanced autocorrelation shows the relationship between Blackrock Enhanced fund current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Enhanced Capital.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| VWITX | Vanguard Intermediate Term Tax Exempt | |
| VGSTX | Vanguard Star Fund | |
| VFIAX | Vanguard 500 Index | |
| VTCLX | Vanguard Tax Managed Capital | |
| VTSAX | Vanguard Total Stock |
Check out Blackrock Enhanced Correlation, Blackrock Enhanced Volatility and Blackrock Enhanced Alpha and Beta module to complement your research on Blackrock Enhanced. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Blackrock Enhanced technical 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.