Blackrock Nj Municipal Fund Price on February 26, 2021
MDNJX Fund | USD 10.34 0.02 0.19% |
If you're considering investing in Blackrock Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Blackrock stands at 10.34, as last reported on the 29th of March, with the highest price reaching 10.34 and the lowest price hitting 10.34 during the day. Blackrock Nj Municipal secures Sharpe Ratio (or Efficiency) of -0.0227, which signifies that the fund had a -0.0227% return per unit of standard deviation over the last 3 months. Blackrock Nj Municipal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackrock's mean deviation of 0.1241, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Blackrock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackrock |
Sharpe Ratio = -0.0227
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Estimated Market Risk
0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
0.0 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 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 by adding Blackrock to a well-diversified portfolio.
Blackrock Valuation on February 26, 2021
It is possible to determine the worth of Blackrock on a given historical date. On February 26, 2021 Blackrock was worth 10.86 at the beginning of the trading date compared to the closed value of 10.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackrock mutual fund. Still, in general, we apply an absolute valuation method to find Blackrock's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blackrock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackrock's related companies.
Open | High | Low | Close | Volume | |
03/15/2022 | 10.86 | 10.86 | 10.15 | 10.15 | 1.00 |
10.84 | 10.84 | 10.14 | 10.14 | 1.00 |
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Blackrock Trading Date Momentum on February 26, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Blackrock Nj Municipal Fundamentals Correlations and Trends
By evaluating Blackrock's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blackrock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blackrock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blackrock Mutual Fund history
Blackrock investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blackrock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blackrock Nj Municipal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blackrock stock prices may prove useful in developing a viable investing in Blackrock
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.
Blackrock Mutual Fund Technical Analysis
Blackrock technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Blackrock Period Price Range
Low | March 15, 2022
| High |
10.86 | 10.15 |
Blackrock March 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackrock mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackrock shares will generate the highest return on investment. By undertsting and applying Blackrock mutual fund market strength indicators, traders can identify Blackrock Nj Municipal entry and exit signals to maximize returns
Blackrock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackrock's price direction in advance. Along with the technical and fundamental analysis of Blackrock Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blackrock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.16) |
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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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Blackrock Mutual Fund analysis
When running Blackrock's price analysis, check to measure Blackrock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock is operating at the current time. Most of Blackrock's value examination focuses on studying past and present price action to predict the probability of Blackrock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock's price. Additionally, you may evaluate how the addition of Blackrock to your portfolios can decrease your overall portfolio volatility.
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