The organization shows Beta (market volatility) of -0.0111 which signifies that as returns on market increase, returns on owning BlackRock Euro are expected to decrease at a much smaller rate. During bear market, BlackRock Euro is likely to outperform the market. Although it is extremely important to respect BlackRock Euro Credit historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing BlackRock Euro Credit technical indicators you can presently evaluate if the expected return of 0.0319% will be sustainable into the future.
|Horizon||30 Days Login to change|
BlackRock Euro Credit Relative Risk vs. Return LandscapeIf you would invest 1,045 in BlackRock Euro Credit Enh Idx on December 22, 2018 and sell it today you would earn a total of 2.00 from holding BlackRock Euro Credit Enh Idx or generate 0.19% return on investment over 30 days. BlackRock Euro Credit Enh Idx is generating 0.0319% of daily returns and assumes 0.0494% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than BlackRock Euro and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
BlackRock Euro Current Valuation
BlackRock Euro is Unknown risk asset. BlackRock Euro Credit prevailing Real Value cannot be determined due to lack of data. The current price of BlackRock Euro Credit is 10.47. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of BlackRock Euro Credit from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
BlackRock Euro Market Risk Analysis
Sharpe Ratio = 0.6455
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in BlackRock Euro Credit Enh Idx are ranked lower than 43 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||10.6550|
|Fifty Two Week High||10.6550|
|Annual Report Expense Ratio||0.20%|