Blackrock Government Bond Fund Net Asset
| BIGLX Fund | USD 8.80 0.05 0.57% |
Blackrock Government Bond fundamentals help investors to digest information that contributes to Blackrock Government's financial success or failures. It also enables traders to predict the movement of Blackrock Mutual Fund. The fundamental analysis module provides a way to measure Blackrock Government'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 Government mutual fund.
Blackrock |
Blackrock Government Bond Mutual Fund Net Asset Analysis
Blackrock Government's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Blackrock Government Net Asset | 814.14 M |
Most of Blackrock Government's fundamental indicators, such as Net Asset, 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 Government Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Blackrock Government Bond has a Net Asset of 814.14 M. This is 23.65% higher than that of the BlackRock family and significantly higher than that of the Intermediate Government category. The net asset for all United States funds is notably lower than that of the firm.
Blackrock Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock Government's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Blackrock Government could also be used in its relative valuation, which is a method of valuing Blackrock Government by comparing valuation metrics of similar companies.Blackrock Government is currently under evaluation in net asset among similar funds.
Blackrock Fundamentals
| Total Asset | 534.28 M | |||
| Annual Yield | 0.0004 % | |||
| Year To Date Return | 4.74 % | |||
| One Year Return | (1.78) % | |||
| Three Year Return | (3.78) % | |||
| Five Year Return | (0.43) % | |||
| Ten Year Return | 3.21 % | |||
| Net Asset | 814.14 M | |||
| Last Dividend Paid | 0.01 | |||
| Cash Position Weight | (12.68) % | |||
| Bond Positions Weight | 0.42 % |
About Blackrock Government Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Government Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Government using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Government Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blackrock Government in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blackrock Government's short interest history, or implied volatility extrapolated from Blackrock Government options trading.
Pair Trading with Blackrock Government
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 Government 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 Government will appreciate offsetting losses from the drop in the long position's value.Moving against Blackrock Mutual Fund
| 0.41 | BACAX | Blackrock All Cap | PairCorr |
The ability to find closely correlated positions to Blackrock Government 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 Government 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 Government - 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 Government Bond to buy it.
The correlation of Blackrock Government is a statistical measure of how it moves in relation to other instruments. 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 Government moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Government Bond 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 Government 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Government Bond. 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 bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.