Blackrock Mid Cap Fund Quote
| BMGCX Fund | USD 23.99 0.20 0.84% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Blackrock Mid is trading at 23.99 as of the 23rd of April 2024; that is 0.84 percent increase since the beginning of the trading day. The fund's open price was 23.79. Blackrock Mid has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Blackrock Mid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in equity securities issued by U.S. mid-capitalization companies which the fund management believes have above-average earnings growth potential. The fund adviser generally defines these companies, at the time of the funds investment, as those with market capitalizations comparable in size to the companies in the Russell Midcap Growth Index. More on Blackrock Mid Cap
Moving together with Blackrock Mutual Fund
| 0.81 | MKCMX | Blackrock California | PairCorr |
| 0.78 | MKCPX | Blackrock Balanced | PairCorr |
| 0.82 | MKEFX | Blackrock Eurofund Class | PairCorr |
| 0.7 | MKDVX | Blackrock Equity Dividend | PairCorr |
| 0.91 | MKFOX | Blackrock Large Cap | PairCorr |
| 0.79 | MKMTX | Blackrock Strategic | PairCorr |
Blackrock Mutual Fund 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 Mid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackrock Mid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | BlackRock Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, BlackRock (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of September 2022 |
| Fiscal Year End | May |
Blackrock Mid Cap [BMGCX] is traded in USA and was established 23rd of April 2024. Blackrock Mid is listed under BlackRock category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of BlackRock family. This fund currently has accumulated 12.22 B in assets under management (AUM) with no minimum investment requirementsBlackrock Mid Cap is currently producing year-to-date (YTD) return of 2.03%, while the total return for the last 3 years was -5.99%.
Check Blackrock Mid Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Blackrock Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Blackrock Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Blackrock Mid Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Blackrock Mid Cap Mutual Fund Constituents
| CPRT | Copart Inc | Stock | Industrials |
| ZTS | Zoetis Inc | Stock | Health Care |
| MTCH | Match Group | Stock | Communication Services |
| EVO | Evotec SE ADR | Stock | Health Care |
| TFX | Teleflex Incorporated | Stock | Health Care |
| XYL | Xylem Inc | Stock | Industrials |
| CGNX | Cognex | Stock | Information Technology |
Blackrock Mid Target Price Odds Analysis
Based on a normal probability distribution, the odds of Blackrock Mid jumping above the current price in 90 days from now is over 95.22%. The Blackrock Mid Cap probability density function shows the probability of Blackrock Mid mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.2847 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Blackrock Mid will likely underperform. Additionally, blackrock Mid Cap 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 Mid to move above the current price in 90 days from now is over 95.22 (This Blackrock Mid Cap probability density function shows the probability of Blackrock Mutual Fund to fall within a particular range of prices over 90 days) .
Blackrock Mid Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Blackrock Mid market risk premium is the additional return an investor will receive from holding Blackrock Mid 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 Mid. 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 Mid's alpha and beta are two of the key measurements used to evaluate Blackrock Mid's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8172 | |||
| Semi Deviation | 1.13 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.1 |
Blackrock Mid Against Markets
Picking the right benchmark for Blackrock Mid mutual fund 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 Mid mutual fund 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 Mid is critical whether you are bullish or bearish towards Blackrock Mid Cap at a given time. Please also check how Blackrock Mid'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 Mid 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 Mutual Fund?
Before investing in Blackrock Mid, 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 Mid. To buy Blackrock Mid fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Blackrock Mid. 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 Mid fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Blackrock Mid Cap fund 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 Mid Cap fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Blackrock Mid Cap, 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 fund 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.
Already Invested in Blackrock Mid Cap?
The danger of trading Blackrock Mid Cap is mainly related to its market volatility and Mutual Fund 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 Mid 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 Mid. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackrock Mid Cap 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Mid Cap. 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 main economic indicators. Note that the Blackrock Mid Cap information on this page should be used as a complementary analysis to other Blackrock Mid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.