|BlackRock MuniYield Investment Quality Fund -- USA Stock|| |
USD 14.1 0.03 0.21%
Macroaxis gives BlackRock MuniYield performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.3241 which signifies that as returns on market increase, returns on owning BlackRock MuniYield are expected to decrease at a much smaller rate. During bear market, BlackRock MuniYield is likely to outperform the market.. Even though it is essential to pay attention to BlackRock MuniYield
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. BlackRock MuniYield Investment Quality Fund exposes twenty-eight different technical indicators which can help you to evaluate its performance. BlackRock MuniYield
has expected return of -0.0475%. Please be advised to confirm BlackRock MuniYield Maximum Drawdown
, and the relationship
between Information Ratio
and Expected Short fall
to decide if BlackRock MuniYield
past performance will be repeated at some point in the near future.
BlackRock MuniYield Relative Risk vs. Return Landscape
If you would invest 1,425
in BlackRock MuniYield Investment Quality Fund on November 15, 2017
and sell it today you would lose (15.08)
from holding BlackRock MuniYield Investment Quality Fund or give up 1.06%
of portfolio value over 30
days. BlackRock MuniYield Investment Quality Fund is generating negative expected returns assuming volatility of 0.4343% on return distribution over 30 days investment horizon. In other words, 4% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, BlackRock MuniYield Investment Quality Fund is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.09 times less risky than the market. the firm trades about -0.11 of its potential returns per unit of risk. The DOW is currently generating roughly 0.5 of returns per unit of risk over similar time horizon.
BlackRock MuniYield Daily Price Distribution
The median price of BlackRock MuniYield for the period between Wed, Nov 15, 2017 and Fri, Dec 15, 2017 is 14.02 with a coefficient of variation of 0.96. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 14.0, and mean deviation of 0.11. The Stock received some media coverage during the period.