Blackrock Hi Yld Fund Manager Performance Evaluation

BRHYX Fund  USD 7.06  0.01  0.14%   
The fund shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock are expected to decrease at a much lower rate. During the bear market, Blackrock is likely to outperform the market.

Risk-Adjusted Performance

8 of 100

 
Low
 
High
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Blackrock Hi Yld are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Blackrock is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio0.4800
  

Blackrock Relative Risk vs. Return Landscape

If you would invest  696.00  in Blackrock Hi Yld on December 29, 2023 and sell it today you would earn a total of  10.00  from holding Blackrock Hi Yld or generate 1.44% return on investment over 90 days. Blackrock Hi Yld is currently producing 0.024% returns and takes up 0.2165% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Blackrock, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Blackrock is expected to generate 5.53 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.65 times less risky than the market. It trades about 0.11 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 of returns per unit of risk over similar time horizon.

Blackrock Current Valuation

Overvalued
Today
7.06
Please note that Blackrock's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Blackrock Hi Yld shows a prevailing Real Value of $6.55 per share. The current price of the fund is $7.06. We determine the value of Blackrock Hi Yld from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Blackrock Hi Yld is useful when determining the fair value of the Blackrock mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Blackrock. Since Blackrock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Mutual Fund. However, Blackrock's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  7.06 Real  6.55 Hype  7.06 Naive  7.04
The real value of Blackrock Mutual Fund, also known as its intrinsic value, is the underlying worth of Blackrock Hi Yld Mutual Fund, which is reflected in its stock price. It is based on Blackrock's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Blackrock's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Blackrock's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
6.55
Real Value
7.77
Upside
Estimating the potential upside or downside of Blackrock Hi Yld helps investors to forecast how Blackrock mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Blackrock more accurately as focusing exclusively on Blackrock's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.067.067.06
Details
Hype
Prediction
LowEstimatedHigh
6.847.067.28
Details
Potential
Annual Dividend
LowForecastedHigh
0.090.090.09
Details

Blackrock Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Blackrock Hi Yld, and traders can use it to determine the average amount a Blackrock's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1109

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Negative ReturnsBRHYX

Estimated Market Risk

 0.22
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Blackrock is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blackrock by adding it to a well-diversified portfolio.

Blackrock Fundamentals Growth

Blackrock Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Blackrock, and Blackrock fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Blackrock Mutual Fund performance.

About Blackrock Performance

To evaluate Blackrock Hi Yld Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Blackrock generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Blackrock Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Blackrock Hi Yld market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Blackrock's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80 percent of its assets in high yield bonds. The fund may invest up to 30 percent of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.

Things to note about Blackrock Hi Yld performance evaluation

Checking the ongoing alerts about Blackrock for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Blackrock Hi Yld help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund holds about 91.56% of its assets under management (AUM) in fixed income securities
Evaluating Blackrock's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Blackrock's mutual fund performance include:
  • Analyzing Blackrock's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Blackrock's stock is overvalued or undervalued compared to its peers.
  • Examining Blackrock's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Blackrock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackrock's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Blackrock's mutual fund. These opinions can provide insight into Blackrock's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Blackrock's mutual fund performance is not an exact science, and many factors can impact Blackrock's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Hi Yld. 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 manufacturing.
For more information on how to buy Blackrock Mutual Fund please use our How to Invest in Blackrock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Blackrock Mutual Fund analysis

When running Blackrock's price analysis, check to measure Blackrock'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 is operating at the current time. Most of Blackrock's value examination focuses on studying past and present price action to predict the probability of Blackrock'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's price. Additionally, you may evaluate how the addition of Blackrock to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Blackrock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.