Blackrock High Yield Etf Performance
| HYMU Etf | USD 22.17 0.03 0.14% |
The etf shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock High's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock High is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in BlackRock High Yield are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable primary indicators, BlackRock High is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Mattern Capital Management LLC Sells 665 Shares of BlackRock High Yield Muni Income Bond ETF | 02/06/2024 |
| In Threey Sharp Ratio | -0.22 |
BlackRock |
BlackRock High Relative Risk vs. Return Landscape
If you would invest 2,151 in BlackRock High Yield on January 26, 2024 and sell it today you would earn a total of 66.00 from holding BlackRock High Yield or generate 3.07% return on investment over 90 days. BlackRock High Yield is currently generating 0.0495% in daily expected returns and assumes 0.3859% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than BlackRock, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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BlackRock High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BlackRock High Yield, and traders can use it to determine the average amount a BlackRock High'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 = 0.1283
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| Negative Returns | HYMU |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average BlackRock High is performing at about 10% 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 High by adding it to a well-diversified portfolio.
BlackRock High Fundamentals Growth
BlackRock Etf prices reflect investors' perceptions of the future prospects and financial health of BlackRock High, and BlackRock High 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 Etf performance.
| Total Asset | 24.67 M | |||
About BlackRock High Performance
To evaluate BlackRock High Yield Etf 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 High 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 Etf'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 High Yield 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.Under normal circumstances, the fund seeks to achieve its objectives by investing at least 80 percent of its assets in municipal bonds. Blackrock High is traded on BATS Exchange in the United States.| The fund created three year return of -1.0% | |
| BlackRock High Yield retains about 5.56% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BlackRock High Yield. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of BlackRock High Yield is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock High's value that differs from its market value or its book value, called intrinsic value, which is BlackRock High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock High's market value can be influenced by many factors that don't directly affect BlackRock High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock High's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock High'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.