Blackrock Financials
We suggest to use Blackrock Nj Municipal fundamental analysis to find out if markets are presently mispricing the fund. Put another way this technique allows you to double-check available reported financial drivers of Blackrock Nj Municipal as well as the relationship between them. We are able to break down thirteen available fundamental indicators for Blackrock Nj Municipal, which can be compared to its peers.
Blackrock |
Please note that past performance is not an indicator of the future performance of Blackrock, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Blackrock Fund Summary
Blackrock competes with Rational Strategic, T Rowe, Bbh Select, Aqr Large, and Principal Lifetime. The investment seeks to provide shareholders with income exempt from Federal income tax and New Jersey personal income taxes. Blackrock is traded on NASDAQ Exchange in the United States.Specialization | Muni New Jersey, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | BLACKROCK MULTI STATE |
| Mutual Fund Family | BlackRock |
| Mutual Fund Category | Muni New Jersey |
| Benchmark | NYSE Composite |
| Phone | 800 441 7762 |
| Currency | USD - US Dollar |
You should never invest in Blackrock Nj Municipal without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Blackrock Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Blackrock's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Blackrock Key Financial Ratios
Generally speaking, Blackrock's financial ratios allow both analysts and investors to convert raw data from Blackrock's financial statements into concise, actionable information that can be used to evaluate the performance of Blackrock over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Blackrock Nj Municipal reports annually and quarterly.Blackrock Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock's current stock value. Our valuation model uses many indicators to compare Blackrock value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackrock competition to find correlations between indicators driving Blackrock's intrinsic value. More Info.Blackrock Nj Municipal is number one fund in annual yield among similar funds. It is number one fund in year to date return among similar funds creating about 30.71 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Blackrock by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Blackrock's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackrock's earnings, one of the primary drivers of an investment's value.Blackrock Nj Municipal Systematic Risk
Blackrock's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blackrock volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Blackrock Nj Municipal correlated with the market. If Beta is less than 0 Blackrock generally moves in the opposite direction as compared to the market. If Blackrock Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blackrock Nj Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blackrock is generally in the same direction as the market. If Beta > 1 Blackrock moves generally in the same direction as, but more than the movement of the benchmark.
Blackrock April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Blackrock help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Blackrock Nj Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blackrock Nj Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Blackrock Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blackrock's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2669 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.36 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.2935 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock Nj Municipal. 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 inflation. For more information on how to buy Blackrock Mutual Fund please use our How to Invest in Blackrock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.