Blackrock High Yield Etf Profile
| HYMU Etf | USD 22.09 0.02 0.09% |
Performance7 of 100
| Odds Of DistressLess than 9
|
BlackRock High is selling for under 22.09 as of the 19th of April 2024; that is 0.09% increase since the beginning of the trading day. The etf's last reported lowest price was 22.04. BlackRock High has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for BlackRock High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Under normal circumstances, the fund seeks to achieve its objectives by investing at least 80 percent of its assets in municipal bonds. Blackrock High is traded on BATS Exchange in the United States. More on BlackRock High Yield
Moving together with BlackRock Etf
| 0.94 | HYD | VanEck High Yield | PairCorr |
| 0.95 | SHYD | VanEck Short High | PairCorr |
| 0.96 | FMHI | First Trust Municipal | PairCorr |
| 0.95 | FLMI | Franklin Liberty Int | PairCorr |
| 0.85 | SHLD | Global X Funds | PairCorr |
Moving against BlackRock Etf
| 0.72 | FNGD | MicroSectors FANG Index | PairCorr |
| 0.63 | HUM | Humana Inc Earnings Call This Week | PairCorr |
| 0.54 | MAAX | MAAX | PairCorr |
| 0.45 | MCD | McDonalds Report 23rd of April 2024 | PairCorr |
BlackRock Etf 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 High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackRock High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Yield ETFs, Municipals ETFs, High Yield Muni, BlackRock (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2021-03-16 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 92.2 Million |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Kevin Maloney, James Mauro, Michael Perilli |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Jul |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 179 |
| Market Maker | Jane Street |
| Total Expense | 0.46 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 0.91 |
| Name | BlackRock High Yield Muni Income Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00ZNLVGL7 |
| In Threey Volatility | 10.99 |
| 1y Volatility | 9.7 |
| 200 Day M A | 21.4874 |
| 50 Day M A | 22.1858 |
| Code | HYMU |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.22) |
| Type | ETF |
BlackRock High Yield [HYMU] is traded in USA and was established 2021-03-16. The fund is listed under High Yield Muni category and is part of BlackRock family. The entity is thematically classified as High Yield ETFs. BlackRock High Yield currently have 24.67 M in assets under management (AUM). , while the total return for the last 3 years was -1.0%.
Check BlackRock High Probability Of Bankruptcy
BlackRock High Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of BlackRock High jumping above the current price in 90 days from now is about 37.45%. The BlackRock High Yield probability density function shows the probability of BlackRock High etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days BlackRock High has a beta of 0.2323. This usually indicates as returns on the market go up, BlackRock High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BlackRock High Yield will be expected to be much smaller as well. Additionally, blackRock High Yield has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BlackRock High to move above the current price in 90 days from now is about 37.45 (This BlackRock High Yield probability density function shows the probability of BlackRock Etf to fall within a particular range of prices over 90 days) .
BlackRock High Yield Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BlackRock High market risk premium is the additional return an investor will receive from holding BlackRock High 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 High. 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 High's alpha and beta are two of the key measurements used to evaluate BlackRock High's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.12) |
BlackRock High Against Markets
Picking the right benchmark for BlackRock High etf 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 High etf 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 High is critical whether you are bullish or bearish towards BlackRock High Yield at a given time. Please also check how BlackRock High'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 High 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 Etf?
Before investing in BlackRock High, 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 High. To buy BlackRock High etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BlackRock High. 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 High etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BlackRock High Yield etf 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 High Yield etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as BlackRock High Yield, 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 etf 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. For more information on how to buy BlackRock Etf please use our How to Invest in BlackRock High guide.
Already Invested in BlackRock High Yield?
The danger of trading BlackRock High Yield is mainly related to its market volatility and ETF 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 High 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 High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackRock High Yield 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.
When determining whether BlackRock High Yield is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock High Yield Etf. Highlighted below are key reports to facilitate an investment decision about Blackrock High Yield Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BlackRock High Yield. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of BlackRock High Yield is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock High's value that differs from its market value or its book value, called intrinsic value, which is BlackRock High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock High's market value can be influenced by many factors that don't directly affect BlackRock High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock High's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.