Blackrock Enhanced Capital Fund Beta
CII Fund | USD 18.49 0.02 0.11% |
Blackrock Enhanced Capital fundamentals help investors to digest information that contributes to Blackrock Enhanced'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 Enhanced'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 Enhanced fund.
Blackrock |
Blackrock Enhanced Capital Fund Beta Analysis
Blackrock Enhanced's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Blackrock Enhanced Beta | 1.03 |
Most of Blackrock Enhanced's fundamental indicators, such as Beta, 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 Enhanced Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Blackrock Enhanced Capital has a Beta of 1.03. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Blackrock Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock Enhanced'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 Enhanced could also be used in its relative valuation, which is a method of valuing Blackrock Enhanced by comparing valuation metrics of similar companies.Blackrock Enhanced is currently under evaluation in beta among similar funds.
Blackrock Enhanced returns are very sensitive to returns on the market. As the market goes up or down, Blackrock Enhanced is expected to follow.
Blackrock Fundamentals
Return On Equity | -9.2 | ||||
Return On Asset | 0.12 | ||||
Operating Margin | 17.83 % | ||||
Current Valuation | 761.06 M | ||||
Shares Outstanding | 44.12 M | ||||
Shares Owned By Insiders | 0.01 % | ||||
Shares Owned By Institutions | 20.63 % | ||||
Number Of Shares Shorted | 14.77 K | ||||
Price To Earning | 8.18 X | ||||
Price To Book | 0.94 X | ||||
Price To Sales | 79.65 X | ||||
Revenue | 10 M | ||||
Gross Profit | 10.28 M | ||||
Net Income | (80.97 M) | ||||
Cash And Equivalents | 220.86 K | ||||
Current Ratio | 0.62 X | ||||
Book Value Per Share | 19.12 X | ||||
Cash Flow From Operations | 51.08 M | ||||
Short Ratio | 0.14 X | ||||
Earnings Per Share | 2.21 X | ||||
Number Of Employees | 20 | ||||
Beta | 1.03 | ||||
Market Capitalization | 888.16 M | ||||
Annual Yield | 0.01 % | ||||
Year To Date Return | 7.67 % | ||||
One Year Return | 21.86 % | ||||
Three Year Return | 7.93 % | ||||
Five Year Return | 11.70 % | ||||
Last Dividend Paid | 1.19 |
About Blackrock Enhanced Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Enhanced Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Enhanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Enhanced Capital 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.
Pair Trading with Blackrock Enhanced
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 Enhanced 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 Enhanced will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackrock Fund
0.68 | SMPIX | Semiconductor Ultrasector | PairCorr |
The ability to find closely correlated positions to Blackrock Enhanced 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 Enhanced 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 Enhanced - 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 Enhanced Capital to buy it.
The correlation of Blackrock Enhanced 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 Enhanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Enhanced 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 Enhanced 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 Enhanced Capital. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.