Blackrock Muniholdings New Fund Manager Performance Evaluation
| MUJ Fund | USD 11.15 0.07 0.62% |
The fund shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Muniholdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Muniholdings is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Weak
Over the last 90 days Blackrock Muniholdings New has generated negative risk-adjusted returns adding no value to fund investors. Even with relatively steady basic indicators, Blackrock Muniholdings is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders.
...more1 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 01/31/2024 |
2 | BlackRock MuniHoldings New Jersey Quality Fund Shares Pass Above Two Hundred Day Moving ... - MarketBeat | 03/13/2024 |
3 | BlackRock MuniHoldings New Jersey Quality Fund, Inc. Plans 0.05 Monthly Dividend - MarketBeat | 04/03/2024 |
| Expense Ratio | 1.4400 |
Blackrock |
Blackrock Muniholdings Relative Risk vs. Return Landscape
If you would invest 1,122 in Blackrock Muniholdings New on January 20, 2024 and sell it today you would lose (7.00) from holding Blackrock Muniholdings New or give up 0.62% of portfolio value over 90 days. Blackrock Muniholdings New is generating negative expected returns assuming volatility of 0.4458% on return distribution over 90 days investment horizon. In other words, 3% of funds are less volatile than Blackrock, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Blackrock Muniholdings Current Valuation
Fairly Valued
Today
Please note that Blackrock Muniholdings' price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Blackrock Muniholdings shows a prevailing Real Value of $11.2 per share. The current price of the fund is $11.15. We determine the value of Blackrock Muniholdings from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will blend.
Our valuation method for Blackrock Muniholdings New is useful when determining the fair value of the Blackrock fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Blackrock Muniholdings. Since Blackrock Muniholdings is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Fund. However, Blackrock Muniholdings' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.15 | Real 11.2 | Hype 11.15 | Naive 11.11 |
The real value of Blackrock Fund, also known as its intrinsic value, is the underlying worth of Blackrock Muniholdings Fund, which is reflected in its stock price. It is based on Blackrock Muniholdings' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Blackrock Muniholdings' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Blackrock Muniholdings' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Blackrock Muniholdings New helps investors to forecast how Blackrock fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Blackrock Muniholdings more accurately as focusing exclusively on Blackrock Muniholdings' fundamentals will not take into account other important factors: Blackrock Muniholdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Muniholdings' investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Blackrock Muniholdings New, and traders can use it to determine the average amount a Blackrock Muniholdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0201
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MUJ |
Estimated Market Risk
| 0.45 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Blackrock Muniholdings is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blackrock Muniholdings by adding Blackrock Muniholdings to a well-diversified portfolio.
Blackrock Muniholdings Fundamentals Growth
Blackrock Fund prices reflect investors' perceptions of the future prospects and financial health of Blackrock Muniholdings, and Blackrock Muniholdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Blackrock Fund performance.
| Return On Equity | -9.98 | ||||
| Return On Asset | 1.72 | ||||
| Profit Margin | (183.59) % | ||||
| Operating Margin | 84.40 % | ||||
| Current Valuation | 1.09 B | ||||
| Shares Outstanding | 30.09 M | ||||
| Price To Earning | 17.53 X | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 10.56 X | ||||
| Revenue | 33.43 M | ||||
| Cash And Equivalents | 11.11 K | ||||
| Total Debt | 507.18 M | ||||
| Debt To Equity | 0.69 % | ||||
| Book Value Per Share | 16.28 X | ||||
| Cash Flow From Operations | 49.42 M | ||||
| Earnings Per Share | 0.67 X | ||||
About Blackrock Muniholdings Performance
To evaluate Blackrock Muniholdings Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Blackrock Muniholdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Blackrock Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Blackrock Muniholdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Blackrock's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.BlackRock MuniHoldings New Jersey Quality Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. BlackRock MuniHoldings New Jersey Quality Fund, Inc. was formed in 1998 and is domiciled in United States. Blackrock Muniholdings is traded on New York Stock Exchange in the United States.Things to note about Blackrock Muniholdings performance evaluation
Checking the ongoing alerts about Blackrock Muniholdings for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Blackrock Muniholdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Blackrock Muniholdings generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: BlackRock MuniHoldings New Jersey Quality Fund, Inc. Plans 0.05 Monthly Dividend - MarketBeat | |
| The fund generated three year return of -3.0% |
- Analyzing Blackrock Muniholdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Blackrock Muniholdings' stock is overvalued or undervalued compared to its peers.
- Examining Blackrock Muniholdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Blackrock Muniholdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackrock Muniholdings' management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Blackrock Muniholdings' fund. These opinions can provide insight into Blackrock Muniholdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock Muniholdings New. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.