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S&P 500   1,667   17.00  Index Moved Up 1.03%
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BLACKROCK quote and profile

 
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16.77
  
FUND
0.00  No Change   0.00%  
May 19 2013 

Diversification Suggestion

Use BLACKROCK to protect against small markets fluctuations. The fund experiences stable pattern. Watch out for signals
Analyze BLACKROCK MUNIYIELD NEW Trend or Check current 30 days BLACKROCK correlation with market (S&P 500)
1 Month Beta -0.17  
Highest Price:  
Lowest Price:  
16.98  
16.74  
May 01 2013 
May 14 2013 
As returns on market increase, returns on owning BLACKROCK are expected to decrease at a much smaller rate. During bear market, BLACKROCK is likely to outperform the market.
BLACKROCK MUNIYIELD NEW JERSEY Almost negative betaBLACKROCK MUNIYIELD NEW Beta Legend
XMYJX United States NASDAQ
BLACKROCK MUNIYIELD NEW JERSEY
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
Number of Employees17
 United States Russel   1.11 % Macroaxis: change 1.11 Moved Up  
 
 United States SP 500   1.03 % Macroaxis: change 1.03 Moved Up  
 
 United States Nasdaq   0.97 % Macroaxis: 0.97 Moved Up  
 
 United States NYSE   0.92 % Macroaxis: 0.92 Moved Up  
 
 thisGreen XMYJX XMYJX agains markets  0.00 % No Change  
Compare to Competition Get Alpha   Get Advice

BLACKROCK Leadership

Frank Fabozzi Independent Trustee
W Kester Independent Trustee, Ph.D
Robert Hubbard Independent Trustee
Brian Kindelan Chief Compliance Officer, Anti-Money Laundering Officer
Michael Castellano Independent Trustee
Jay Fife Treasurer
Richard Cavanagh Independent Chairman of the Board of Trustees
Neal Andrews CFO

BLACKROCK correlation with market

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding BLACKROCK MUNIYIELD NEW JERSEY and equity matching GSPC index in the same portfolio

BLACKROCK Performance

Price Growth (%)  
Market   BLACKROCK   
 

BLACKROCK 30-Days Risk-Return Take

If you would invest  1,683  in BLACKROCK MUNIYIELD NEW JERSEY on April 19, 2013 and sell it today you would lose (6.00) from holding BLACKROCK MUNIYIELD NEW JERSEY or give up 0.36% of portfolio value over 30 days. BLACKROCK MUNIYIELD NEW JERSEY is currently producing negative expected returns and takes up 0.22% volatility of returns over 30 trading days. Put another way, 2% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
 
Risk [Daily Volatility] (%)
Assuming 30 trading days horizon, BLACKROCK MUNIYIELD NEW JERSEY is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.5 times less risky than the market. the firm trades about -0.09 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.6 of returns per unit of risk over similar time horizon.
Past Market
Over 30
Days
0
Out Of
100
 
Chance of
Less
Than
33 %
 
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BLACKROCK Research Report

BLACKROCK vs. PIMCO

Correlation analysis and fundamentals comparison between BLACKROCK MUNIYIELD NEW and PIMCO Total Return Instl

BLACKROCK vs Competition

BLACKROCK vs. PIMCO Total Return Instl
BLACKROCK vs. PIMCO Total Return B
BLACKROCK vs. PIMCO Total Return Admin
BLACKROCK vs. PIMCO Total Return C
BLACKROCK vs. PIMCO Total Return D
BLACKROCK vs. PIMCO Total Return R
BLACKROCK vs. PIMCO Total Return A
BLACKROCK vs. PIMCO Total Return P
BLACKROCK vs. Vanguard Total Stock Mkt Idx Adm
BLACKROCK vs. Vanguard Total Stock Mkt Idx Signal

BLACKROCK May 19 2013 Opportunity Range

Downside Deviation0.3197
Information Ratio(1.60)
Maximum Drawdown0.9478
Value At Risk(0.41)
Potential Upside0.2377

 
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