Blackrock Advantage International Fund Quote
| BROKX Fund | USD 18.39 0.27 1.49% |
Performance5 of 100
| Odds Of DistressLess than 19
|
Blackrock Advantage is trading at 18.39 as of the 23rd of April 2024; that is 1.49 percent increase since the beginning of the trading day. The fund's open price was 18.12. Blackrock Advantage has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Blackrock Advantage International 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 seeks to invest at least 80 percent of its net assets plus the amount of any borrowings for investment purposes in non-U.S. equity securities and equity-like instruments of companies that are components of, or have characteristics similar to, the companies included in the MSCI EAFE Index and derivatives that are tied economically to securities of the MSCI EAFE Index. More on Blackrock Advantage International
Moving together with Blackrock Mutual Fund
| 0.76 | MKCMX | Blackrock California | PairCorr |
| 0.98 | MKCPX | Blackrock Balanced | PairCorr |
| 0.97 | MKEFX | Blackrock Eurofund Class | PairCorr |
| 0.95 | MKDVX | Blackrock Equity Dividend | PairCorr |
| 0.7 | MKNKX | Blackrock New York | PairCorr |
| 0.99 | BRECX | Blackrock International | 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 Advantage's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackrock Advantage or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | BlackRock Funds, Large Blend Funds, Foreign Large Blend Funds, Foreign Large Blend, BlackRock, Large Blend, Foreign Large Blend (View all Sectors) |
| Update Date | 31st of March 2024 |
Blackrock Advantage International [BROKX] is traded in USA and was established 23rd of April 2024. Blackrock Advantage is listed under BlackRock category by Fama And French industry classification. The fund is listed under Foreign Large Blend category and is part of BlackRock family. This fund currently has accumulated 755.9 M in assets under management (AUM) with no minimum investment requirementsBlackrock Advantage is currently producing year-to-date (YTD) return of 0.44% with the current yeild of 0.03%, while the total return for the last 3 years was 2.58%.
Check Blackrock Advantage 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 Advantage International 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 Advantage International Mutual Fund Constituents
| ASML | ASML Holding NV | Stock | Information Technology |
| CFR | CullenFrost Bankers | Stock | Financials |
| NOVN | Novan Inc | Stock | Health Care |
| ROG | Rogers | Stock | Information Technology |
| DSM | Bny Mellon Strategic | Fund | Asset Management |
Blackrock Advantage Target Price Odds Analysis
Based on a normal probability distribution, the odds of Blackrock Advantage jumping above the current price in 90 days from now is about 56.18%. The Blackrock Advantage International probability density function shows the probability of Blackrock Advantage mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Blackrock Advantage has a beta of 0.8313 suggesting as returns on the market go up, Blackrock Advantage average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blackrock Advantage International will be expected to be much smaller as well. Additionally, blackrock Advantage International 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 Advantage to move above the current price in 90 days from now is about 56.18 (This Blackrock Advantage International probability density function shows the probability of Blackrock Mutual Fund to fall within a particular range of prices over 90 days) .
Blackrock Advantage Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Blackrock Advantage market risk premium is the additional return an investor will receive from holding Blackrock Advantage 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 Advantage. 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 Advantage's alpha and beta are two of the key measurements used to evaluate Blackrock Advantage's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4992 | |||
| Semi Deviation | 0.5603 | |||
| Standard Deviation | 0.6576 | |||
| Variance | 0.4324 |
Blackrock Advantage Against Markets
Picking the right benchmark for Blackrock Advantage 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 Advantage 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 Advantage is critical whether you are bullish or bearish towards Blackrock Advantage International at a given time. Please also check how Blackrock Advantage'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 Advantage 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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Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
How to buy Blackrock Mutual Fund?
Before investing in Blackrock Advantage, 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 Advantage. To buy Blackrock Advantage fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Blackrock Advantage. 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 Advantage fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Blackrock Advantage International 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 Advantage International 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 Advantage International, 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 Advantage International?
The danger of trading Blackrock Advantage International 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 Advantage 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 Advantage. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackrock Advantage 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 Advantage International. 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 industry. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.