Blackrock Pennsylvania Municipal Fund Price on December 8, 2020
| MKPYX Fund | USD 9.71 0.02 0.21% |
Below is the normalized historical share price chart for Blackrock Pennsylvania Municipal extending back to January 25, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blackrock Pennsylvania stands at 9.71, as last reported on the 24th of April, with the highest price reaching 9.71 and the lowest price hitting 9.71 during the day.
If you're considering investing in Blackrock Mutual Fund, it is important to understand the factors that can impact its price. We consider Blackrock Pennsylvania very steady. Blackrock Pennsylvania secures Sharpe Ratio (or Efficiency) of 0.0296, which signifies that the fund had a 0.0296% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Pennsylvania Municipal, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Pennsylvania's mean deviation of 0.1548, and Risk Adjusted Performance of 0.0046 to double-check if the risk estimate we provide is consistent with the expected return of 0.0068%.
Blackrock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackrock |
Sharpe Ratio = 0.0296
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| Negative Returns | MKPYX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Blackrock Pennsylvania is performing at about 2% of its full potential. 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 Pennsylvania by adding it to a well-diversified portfolio.
Blackrock Pennsylvania Valuation on December 8, 2020
It is possible to determine the worth of Blackrock Pennsylvania on a given historical date. On December 8, 2020 Blackrock was worth 10.34 at the beginning of the trading date compared to the closed value of 9.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackrock Pennsylvania mutual fund. Still, in general, we apply an absolute valuation method to find Blackrock Pennsylvania'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 Pennsylvania where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackrock Pennsylvania's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 10.34 | 10.34 | 9.68 | 9.68 | 1.00 |
| 10.32 | 10.32 | 9.66 | 9.66 | 1.00 |
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Blackrock Pennsylvania Trading Date Momentum on December 8, 2020
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 Pennsylvania Fundamentals Correlations and Trends
By evaluating Blackrock Pennsylvania'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 Pennsylvania'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 Pennsylvania Mutual Fund history
Blackrock Pennsylvania 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 Pennsylvania 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 Pennsylvania stock prices may prove useful in developing a viable investing in Blackrock Pennsylvania
The fund invests primarily in a portfolio of long-term investment grade Pennsylvania municipal bonds. Under normal circumstances, it will invest at least 80 percent of its assets in Pennsylvania municipal bonds. At least 80 percent of the funds assets will be invested in investment grade securities. The funds weighted average maturity will be more than ten years. It is non-diversified.
Blackrock Pennsylvania Mutual Fund Technical Analysis
Blackrock Pennsylvania 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 Pennsylvania Period Price Range
Low | April 11, 2022
| High |
10.34 | 9.68 |
Blackrock Pennsylvania April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackrock Pennsylvania 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 Pennsylvania shares will generate the highest return on investment. By undertsting and applying Blackrock Pennsylvania mutual fund market strength indicators, traders can identify Blackrock Pennsylvania Municipal entry and exit signals to maximize returns
Blackrock Pennsylvania Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackrock Pennsylvania'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 | 0.0046 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | (0.02) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock Pennsylvania 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 manufacturing. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.