Blackrock Global Long Fund Quote
| BDMAX Fund | USD 13.81 0.08 0.58% |
Performance23 of 100
| Odds Of DistressLess than 15
|
Blackrock Global is trading at 13.81 as of the 25th of April 2024; that is -0.58 percent decrease since the beginning of the trading day. The fund's open price was 13.89. Blackrock Global has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Blackrock Global Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its total assets in equity instruments and related derivative instruments issued by, or tied economically to, companies located in developed markets. It pursues this market-neutral strategy by taking both long and short positions in a variety of developed market equity instruments. More on Blackrock Global Long
Moving together with Blackrock Mutual Fund
| 0.75 | MKCPX | Blackrock Balanced | PairCorr |
| 0.67 | MKEFX | Blackrock Eurofund Class | PairCorr |
| 0.69 | MKDCX | Blackrock Emerging | PairCorr |
| 0.79 | MKDVX | Blackrock Equity Dividend | PairCorr |
| 0.76 | MKGCX | Blackrock Advantage | PairCorr |
Blackrock Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Blackrock Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackrock Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | BlackRock Funds, Large Funds, Equity Market Neutral Funds, Equity Market Neutral, BlackRock, Large, Equity Market Neutral (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of September 2022 |
| Fiscal Year End | April |
Blackrock Global Long [BDMAX] is traded in USA and was established 25th of April 2024. Blackrock Global is listed under BlackRock category by Fama And French industry classification. The fund is listed under Equity Market Neutral category and is part of BlackRock family. This fund currently has accumulated 720.16 M in assets under management (AUM) with no minimum investment requirementsBlackrock Global Long is currently producing year-to-date (YTD) return of 11.28% with the current yeild of 0.07%, while the total return for the last 3 years was 8.2%.
Check Blackrock Global Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Blackrock Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Blackrock Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Blackrock Global Long Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Blackrock Global Long Mutual Fund Constituents
| MSFT | Microsoft | Stock | Information Technology |
| A | Agilent Technologies | Stock | Health Care |
| MCHP | Microchip Technology | Stock | Information Technology |
| SHW | Sherwin Williams Co | Stock | Materials |
| VEEV | Veeva Systems Class | Stock | Health Care |
| VRSK | Verisk Analytics | Stock | Industrials |
| C | Citigroup | Stock | Financials |
Blackrock Global Target Price Odds Analysis
Based on a normal probability distribution, the odds of Blackrock Global jumping above the current price in 90 days from now is about 7.43%. The Blackrock Global Long probability density function shows the probability of Blackrock Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Blackrock Global has a beta of 0.0977 suggesting as returns on the market go up, Blackrock Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blackrock Global Long will be expected to be much smaller as well. Additionally, blackrock Global Long has an alpha of 0.1039, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Blackrock Global to move above the current price in 90 days from now is about 7.43 (This Blackrock Global Long probability density function shows the probability of Blackrock Mutual Fund to fall within a particular range of prices over 90 days) .
Blackrock Global Long Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Blackrock Global market risk premium is the additional return an investor will receive from holding Blackrock Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Blackrock Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Blackrock Global's alpha and beta are two of the key measurements used to evaluate Blackrock Global's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3151 | |||
| Standard Deviation | 0.3875 | |||
| Variance | 0.1501 | |||
| Downside Variance | 0.1334 |
Blackrock Global Against Markets
Picking the right benchmark for Blackrock Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Blackrock Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Blackrock Global is critical whether you are bullish or bearish towards Blackrock Global Long at a given time. Please also check how Blackrock Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blackrock Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Blackrock Mutual Fund?
Before investing in Blackrock Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Blackrock Global. To buy Blackrock Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Blackrock Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Blackrock Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Blackrock Global Long fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Blackrock Global Long fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Blackrock Global Long, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Blackrock Global Long?
The danger of trading Blackrock Global Long is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Blackrock Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Blackrock Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackrock Global Long is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Global Long. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Blackrock Global Long information on this page should be used as a complementary analysis to other Blackrock Global'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 the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.