Blackrock Taxable Municipal Fund Fundamentals
| BBN Fund | USD 15.85 0.19 1.21% |
Blackrock Taxable Municipal fundamentals help investors to digest information that contributes to Blackrock Taxable's financial success or failures. It also enables traders to predict the movement of Blackrock Fund. The fundamental analysis module provides a way to measure Blackrock Taxable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackrock Taxable fund.
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Blackrock Year To Date Return Analysis
Blackrock Taxable's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Blackrock Taxable Year To Date Return | 6.30 % |
Most of Blackrock Taxable's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackrock Taxable Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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Blackrock Taxable Year To Date Return Component Assessment
In accordance with the company's disclosures, Blackrock Taxable Municipal has a Year To Date Return of 6.3047%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The year to date return for all United States funds is notably lower than that of the firm.
Blackrock Taxable Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Taxable's current stock value. Our valuation model uses many indicators to compare Blackrock Taxable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackrock Taxable competition to find correlations between indicators driving Blackrock Taxable's intrinsic value. More Info.Blackrock Taxable Municipal is fourth largest fund in one year return among similar funds. It is third largest fund in five year return among similar funds reporting about 0.37 of Five Year Return per One Year Return. The ratio of One Year Return to Five Year Return for Blackrock Taxable Municipal is roughly 2.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Blackrock Taxable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Blackrock Taxable's Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackrock Taxable's earnings, one of the primary drivers of an investment's value.Blackrock Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock Taxable's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Blackrock Taxable could also be used in its relative valuation, which is a method of valuing Blackrock Taxable by comparing valuation metrics of similar companies.Blackrock Taxable is currently under evaluation in beta among similar funds.
As returns on the market increase, returns on owning Blackrock Taxable are expected to decrease at a much lower rate. During the bear market, Blackrock Taxable is likely to outperform the market.
Blackrock Fundamentals
| Shares Outstanding | 58.95 M | |||
| Shares Owned By Insiders | 0.01 % | |||
| Shares Owned By Institutions | 26.23 % | |||
| Number Of Shares Shorted | 18.34 K | |||
| Price To Earning | 9.41 X | |||
| Short Ratio | 0.06 X | |||
| Earnings Per Share | 1.93 X | |||
| Number Of Employees | 17 | |||
| Beta | -0.05 | |||
| Market Capitalization | 1.14 B | |||
| Annual Yield | 0.0059 % | |||
| Year To Date Return | 6.30 % | |||
| One Year Return | 3.27 % | |||
| Three Year Return | (5.29) % | |||
| Five Year Return | 1.22 % | |||
| Last Dividend Paid | 1.47 |
About Blackrock Taxable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Taxable Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Taxable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Taxable Municipal based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Taxable Municipal Bond Trust was formed on August 27, 2010 and is domiciled in the United States. Balckrock Build is traded on New York Stock Exchange in the United States.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blackrock Taxable 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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Pair Trading with Blackrock Taxable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackrock Taxable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackrock Taxable will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackrock Fund
The ability to find closely correlated positions to Blackrock Taxable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Taxable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackrock Taxable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackrock Taxable Municipal to buy it.
The correlation of Blackrock Taxable is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackrock Taxable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Taxable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackrock Taxable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Blackrock Taxable Piotroski F Score and Blackrock Taxable Altman Z Score analysis. Note that the Blackrock Taxable information on this page should be used as a complementary analysis to other Blackrock Taxable'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Blackrock Fund analysis
When running Blackrock Taxable's price analysis, check to measure Blackrock Taxable'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 Taxable is operating at the current time. Most of Blackrock Taxable's value examination focuses on studying past and present price action to predict the probability of Blackrock Taxable'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 Taxable's price. Additionally, you may evaluate how the addition of Blackrock Taxable to your portfolios can decrease your overall portfolio volatility.
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