Blackrock National Competition

BNMLX Fund

USD 10.20 0.02 0.20%

Blackrock National competes with Vanguard Intermediate-ter, Vanguard Intermediate-ter, Tax Exempt, Tax Exempt, and Tax Exempt; as well as few others. The fund is listed under Muni National Interm category and is part of BlackRock family. Analyzing Blackrock National competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Blackrock National to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Blackrock National Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Blackrock National competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
9.99	10.20	10.41

Details

Intrinsic

Valuation

Low	Real	High
9.97	10.18	10.39

Details

Blackrock National Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Blackrock National and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Blackrock and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Blackrock National does not affect the price movement of the other competitor.

	VWITX	VWIUX	AFTEX	AFTFX	TEBCX	TEAFX	FLTMX	MDNLX
VWITX		1.0	0.99	0.99	1.0	0.98	0.91	0.98	VWITX
VWIUX	1.0		0.99	0.99	1.0	0.99	0.91	0.99	VWIUX
AFTEX	0.99	0.99		1.0	1.0	1.0	0.89	0.98	AFTEX
AFTFX	0.99	0.99	1.0		1.0	1.0	0.89	0.98	AFTFX
TEBCX	1.0	1.0	1.0	1.0		0.99	0.9	0.98	TEBCX
TEAFX	0.98	0.99	1.0	1.0	0.99		0.88	0.98	TEAFX
FLTMX	0.91	0.91	0.89	0.89	0.9	0.88		0.88	FLTMX
MDNLX	0.98	0.99	0.98	0.98	0.98	0.98	0.88		MDNLX
	VWITX	VWIUX	AFTEX	AFTFX	TEBCX	TEAFX	FLTMX	MDNLX

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Risk-Adjusted Indicators

There is a big difference between Blackrock Mutual Fund performing well and Blackrock National Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Blackrock National's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
VWITX	0.12	(0.01)	(0.42)	(0.09)	0.16	(0.17)	0.22	(0.22)	1.03
VWIUX	0.12	(0.01)	(0.41)	(0.06)	0.16	(0.17)	0.29	(0.29)	1.10
AFTEX	0.13	0.00	(0.31)	0.06	0.20	(0.18)	0.32	(0.32)	1.29
AFTFX	0.13	0.00	(0.31)	0.06	0.20	(0.18)	0.32	(0.32)	1.29
TEBCX	0.13	0.00	(0.32)	0.00	0.20	(0.17)	0.32	(0.32)	1.29
TEAFX	0.13	0.00	(0.31)	0.09	0.19	(0.18)	0.32	(0.32)	1.29
FLTMX	0.11	(0.01)	(0.40)	(0.35)	0.15	(0.19)	0.30	(0.29)	1.09
MDNLX	0.14	0.00	(0.38)	0.02	0.16	(0.19)	0.30	(0.29)	1.09

Unable to evaluate fundamental data of [VWITX, VWIUX, AFTEX, AFTFX, TEBCX, TEAFX, FLTMX, MDNLX] at this time. Please try again later

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Blackrock National Competitive Analysis

The better you understand Blackrock National competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Blackrock National's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Blackrock National's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	BNMLX	VWITX	VWIUX	AFTEX	AFTFX	TEBCX	TEAFX	FLTMX	MDNLX
	0.20 10.20 Blackrock	0.15 13.71 Vanguard	0.07 13.69 Vanguard	0.16 12.55 Tax	0.16 12.55 Tax	0.08 12.53 Tax	0.16 12.55 Tax	0.20 10.16 Fidelity	0.20 10.20 Blackrock
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	Insignificant	Insignificant	Insignificant	Modest	Insignificant	Modest	Insignificant	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold
Cash Position Weight	9.63	1.54	0.55	1.43	1.43	2.83	1.43	5.2	9.63
Three Year Return	-0.5	0.36	0.34	0.0197	-0.0711	-0.74	0.2	0.23	-0.9
Net Asset	9.23 B	70.21 B	58.85 B	22.14 B	22.11 B	22.11 B	18.5 B	11.17 B	9.9 B
Annual Yield	0.0039	0.0062	0.0011	0.0068	0.0039	0.0033	0.0034	0.0056	0.0054
Minimum Initial Investment	N/A	N/A	50 K	N/A	N/A	250	N/A	N/A	N/A
Five Year Return	1.02	1.46	1.49	1.34	1.27	0.6	1.54	1.28	0.66
Year To Date Return	2.78	2.22	2.06	3.11	2.92	2.32	3.19	1.55	2.19
One Year Return	6.02	5.72	5.59	7.15	6.94	6.23	7.25	4.93	5.27
Last Dividend Paid	0.02	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.01
Bond Positions Weight	3.68	1.2	99.45	0.72	0.72	97.17	0.72	0.58	3.68
Ten Year Return	4.33	3.69	3.77	4.11	3.98	3.29	4.25	3.25	4.05
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T
Day Typical Price	10.2	13.71	13.69	12.55	12.55	12.53	12.55	10.16	10.2
Period Momentum Indicator	0.02	0.02	0.01	0.02	0.02	0.01	0.02	0.02	0.02
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	10.2	13.71	13.69	12.55	12.55	12.53	12.55	10.16	10.2
Price Action Indicator	0.01	0.01	0.005	0.01	0.01	0.005	0.01	0.01	0.01
Coefficient Of Variation	1532.97	2773.09	2439.43	1798.87	1798.87	2218.12	1648.04	3057.32	1932.4
Mean Deviation	0.131	0.1151	0.1188	0.1335	0.1335	0.1305	0.1349	0.1133	0.1358
Jensen Alpha	(0.0005)	(0.01)	(0.01)	(0)	(0)	(0)	(0.0008)	(0.01)	(0)
Total Risk Alpha	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)
Sortino Ratio	(0.33)	(0.42)	(0.41)	(0.31)	(0.31)	(0.32)	(0.31)	(0.40)	(0.38)
Downside Variance	0.113	0.0815	0.0837	0.1299	0.1299	0.1297	0.1299	0.0905	0.0889
Standard Deviation	0.2096	0.1895	0.194	0.2228	0.2228	0.2206	0.2243	0.1885	0.2061
Kurtosis	4.65	6.45	5.79	6.93	6.93	7.23	6.74	5.62	3.53
Potential Upside	0.2991	0.2212	0.2941	0.3177	0.3177	0.3175	0.3187	0.2967	0.297
Treynor Ratio	0.1009	(0.09)	(0.06)	0.0607	0.0607	(0)	0.0947	(0.35)	0.0195
Maximum Drawdown	1.19	1.03	1.1	1.29	1.29	1.29	1.29	1.09	1.09
Variance	0.0439	0.0359	0.0376	0.0496	0.0496	0.0487	0.0503	0.0355	0.0425
Market Risk Adjusted Performance	0.1109	(0.08)	(0.05)	0.0707	0.0707	0.0087	0.1047	(0.34)	0.0295
Risk Adjusted Performance	0.0234	(0)	0.0019	0.0182	0.0182	0.0098	0.0223	(0.01)	0.0125
Skewness	(1.03)	(1.26)	(1.17)	(1.48)	(1.48)	(1.52)	(1.44)	(1.28)	(0.81)
Semi Deviation	0.1567	0.1636	0.163	0.1963	0.1963	0.2025	0.1931	0.1545	0.1639
Information Ratio	(0.53)	(0.63)	(0.61)	(0.51)	(0.51)	(0.52)	(0.50)	(0.63)	(0.56)
Value At Risk	(0.20)	(0.22)	(0.29)	(0.32)	(0.32)	(0.32)	(0.32)	(0.29)	(0.29)
Expected Short fall	(0.19)	(0.17)	(0.17)	(0.18)	(0.18)	(0.17)	(0.18)	(0.19)	(0.19)
Downside Deviation	0.3361	0.2854	0.2893	0.3604	0.3604	0.3602	0.3604	0.3009	0.2982
Semi Variance	0.0246	0.0268	0.0266	0.0385	0.0385	0.041	0.0373	0.0239	0.0269

Blackrock National Competition Performance Charts

Five steps to successful analysis of Blackrock National Competition

Blackrock National's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Blackrock National in relation to its competition. Blackrock National's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Blackrock National in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Blackrock National's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Blackrock National, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Blackrock National position

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Other Information on Investing in Blackrock Mutual Fund

Blackrock National financial ratios help investors to determine whether Blackrock Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackrock with respect to the benefits of owning Blackrock National security.

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