Blackrock Muniyield Competition

Funds . USA . 
Fund . Blackrock Muniyield
MYD Fund  USD 11.13  0.03  0.27%   
Blackrock Muniyield competes with Tekla Healthcare, Blackrock Enhanced, Tekla Life, Nuveen New, and Eaton Vance; as well as few others. The fund is not categorized under any group at the present time. Analyzing Blackrock Muniyield 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 Muniyield to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Blackrock Muniyield 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 Muniyield competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackrock Muniyield's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.5111.1311.75
Details
Intrinsic
Valuation
LowRealHigh
10.5411.1611.78
Details
Naive
Forecast
LowNextHigh
10.6511.2711.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.9711.1511.34
Details

Blackrock Muniyield Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Blackrock Muniyield 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 Muniyield does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
HQL
+ 0.92
HQH
HYI
+ 0.78
JLS
JLS
+ 0.68
CII
HYI
+ 0.63
NXN
MAV
+ 0.6
ENX
HYI
+ 0.57
CII
  
High negative correlations   
ENX
- 0.49
CII
JLS
- 0.37
HQH
CII
- 0.37
HQH
JLS
- 0.28
ENX
HYI
- 0.26
HQH
MAV
- 0.25
CII

Risk-Adjusted Indicators

There is a big difference between Blackrock Fund performing well and Blackrock Muniyield 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 Muniyield'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.
All Fundamental Data

Blackrock Muniyield Competitive Analysis

The better you understand Blackrock Muniyield competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Blackrock Muniyield'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 Muniyield'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
MYD HQH CII HQL NXN ENX JLS HYI MAV
 0.27 
 11.13 
Blackrock
 3.05 
 17.18 
Tekla
 0.71 
 19.73 
Blackrock
 3.29 
 13.83 
Tekla
 0.59 
 11.88 
Nuveen
 0.41 
 9.83 
Eaton
 0.28 
 18.14 
Nuveen
 1.25 
 12.14 
Western
 0.35 
 8.67 
Pioneer
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)
Weak
Very Weak
OK
Very Weak
Modest
Weak
Modest
Modest
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Quite High
Low
Quite High
Quite High
Low
Low
Low
Very Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Over Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Sell
Not Available
Strong Sell
Not Available
Hold
Not Available
Not Available
Strong Sell
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Sell
Sell
Hold
Cautious Hold
Cautious Hold
Strong Sell
Strong Sell
Cautious Hold
Current Ratio
0.17
3.21
0.62
1.34
10.81
12.91
N/A
N/A
2.62
Net Asset
N/A
932.49 M
N/A
402.6 M
50.28 M
279.47 M
N/A
N/A
271.12 M
Profit Margin
134.34
7.31
N/A
1.56
0.46
0.46
N/A
N/A
0.2
EBITDA
N/A
56.33 M
N/A
22.35 M
2.99 M
2.76 M
N/A
N/A
(5.45 M)
Price To Book
0.75
0.89
0.94
0.89
0.93
0.92
N/A
N/A
0.94
Operating Margin
85.67
-0.0059
17.83
-0.32
0.9
0.84
N/A
N/A
0.87
Current Valuation
839.21 M
897.06 M
761.06 M
370.8 M
45.67 M
267.27 M
N/A
N/A
256.73 M
Five Year Return
0.46
8.9
11.86
8.83
3.59
4.47
2.83
2.68
5.12
Retained Earnings
(99.31 M)
5.97 M
N/A
(1.48 M)
(3.84 M)
(53.69 M)
N/A
N/A
(64.14 M)
One Year Return
11.64
N/A
22.03
N/A
N/A
N/A
14.57
11.75
N/A
Beta
0.52
0.74
1.03
0.71
0.3
0.58
0.15
0.5
0.65
Shares Outstanding
46.92 M
50.62 M
44.12 M
27.35 M
3.92 M
17.96 M
5.49 M
22.65 M
23.91 M
Three Year Return
-2.99
N/A
7.53
N/A
N/A
N/A
2.76
0.81
N/A
Cash Flow From Operations
173 M
(65.41 M)
51.08 M
(12.8 M)
N/A
48.41 M
N/A
N/A
99.09 M
Annual Yield
0.0055
0.14
0.015
0.14
0.0421
0.0509
0.0066
0.0073
0.0451
Total Debt
390.65 M
1.15 M
N/A
666.96 K
224.92 K
86.24 M
N/A
N/A
1.05 M
Return On Equity
-14.25
0.0734
-9.2
0.0128
-0.0753
0.029
N/A
N/A
0.0122
Return On Asset
1.96
-7.0E-4
0.12
-0.0032
0.0209
0.0215
N/A
N/A
0.0329
Number Of Shares Shorted
45.94 K
74.35 K
14.77 K
63.15 K
9.53 K
4.57 K
2.19 K
34.9 K
51.52 K
Book Value Per Share
14.52
19.91
19.12
16.13
12.48
10.74
N/A
N/A
9.2
Total Asset
877.5 M
932.49 M
N/A
402.6 M
50.28 M
279.47 M
N/A
N/A
271.12 M
Last Dividend Paid
0.49
1.66
1.19
1.3
0.46
0.39
1.0
1.13
0.35
Debt To Equity
0.66
0.011
N/A
0.02
0.007
0.55
N/A
N/A
N/A
Short Ratio
0.27
0.68
0.14
0.93
1.0
0.5
0.21
0.42
1.0
Target Price
N/A
N/A
N/A
N/A
N/A
68.24
N/A
N/A
N/A
Shares Owned By Institutions
20.73
26.29
20.63
35.34
19.09
51.16
53.97
39.62
50.81
Market Capitalization
545.21 M
897.07 M
888.16 M
391.11 M
46.35 M
176.56 M
97.46 M
305.2 M
206.86 M
Price To Earning
36.22
3.38
8.18
2.84
41.99
36.45
16.08
18.56
13.34
Price To Sales
13.67
89.98
79.65
111.34
22.45
14.34
N/A
N/A
10.56
Net Income
49.95 M
56.33 M
(80.97 M)
22.35 M
2.99 M
2.76 M
N/A
N/A
3.85 M
Earnings Per Share
0.3
1.31
2.21
1.34
0.81
0.31
0.99
0.63
0.16
Shares Owned By Insiders
N/A
0.007
0.01
0.011
N/A
N/A
N/A
N/A
N/A
Year To Date Return
1.77
N/A
15.4
N/A
N/A
N/A
11.61
5.65
N/A
Revenue
37.18 M
58.12 M
10 M
23.52 M
1.66 M
3.02 M
N/A
N/A
19.57 M
Cash And Equivalents
78.92 K
62
220.86 K
292.4 K
788.04 K
1.33 M
N/A
N/A
2.6 M
Cash Per Share
N/A
N/A
N/A
0.01
0.2
0.07
N/A
N/A
0.11
Gross Profit
37.18 M
8.27 M
10.28 M
3.02 M
1.84 M
11.43 M
N/A
N/A
17.03 M
Day Typical Price
11.14
17.2
19.71
13.8
11.86
9.8
18.15
12.09
8.65
Accumulation Distribution
856.37
3215.71
560.38
1659.78
0.0059
0.0102
44.09
530.16
0.0058
Market Facilitation Index
0.0
0.0
0.0
0.0
0.07
0.1
0.0
0.0
0.05
Daily Balance Of Power
(0.25)
(2.35)
0.8235
(2.35)
1.0
0.4
0.4167
1.0
0.6
Period Momentum Indicator
(0.03)
(0.54)
0.14
(0.47)
0.07
0.04
0.05
0.15
0.03
Rate Of Daily Change
1.0
0.97
1.01
0.97
1.01
1.0
1.0
1.01
1.0
Day Median Price
11.14
17.2
19.7
13.78
11.85
9.79
18.15
12.07
8.65
Price Action Indicator
(0.03)
(0.29)
0.11
(0.19)
0.07
0.06
0.015
0.15
0.04
Relative Strength Index
50.29
29.52
51.73
29.9
48.13
53.22
46.34
46.24
48.51
Coefficient Of Variation
2576.48
(1,099)
1203.8
(1,275)
1361.01
(12,230)
950.89
2086.45
3541.51
Mean Deviation
0.4899
0.7798
0.4498
0.8147
0.316
0.4362
0.3657
0.4304
0.4226
Jensen Alpha
0.0082
(0.17)
(0.01)
(0.17)
0.021
(0.01)
0.0397
0.008
(0)
Total Risk Alpha
(0.06)
(0.23)
(0.03)
(0.23)
(0.03)
(0.08)
(0.01)
(0.05)
(0.06)
Sortino Ratio
(0.12)
N/A
(0.07)
N/A
(0.14)
N/A
(0.09)
(0.12)
(0.11)
Downside Variance
0.3577
N/A
0.4774
N/A
0.2158
N/A
0.2547
0.312
0.5321
Standard Deviation
0.6112
1.09
0.5777
1.16
0.4147
0.562
0.4718
0.56
0.6309
Kurtosis
(0.41)
5.55
0.1855
4.36
0.2617
0.5978
(0.26)
0.109
4.55
Potential Upside
1.08
1.31
1.01
1.5
0.7481
0.8448
0.7937
0.9129
0.8149
Treynor Ratio
0.2141
(0.16)
0.0667
(0.13)
(3.36)
0.1925
(30.47)
0.1634
0.0526
Maximum Drawdown
2.65
6.45
2.54
6.62
2.08
2.58
2.17
2.53
4.54
Variance
0.3735
1.18
0.3337
1.34
0.172
0.3158
0.2226
0.3137
0.398
Market Risk Adjusted Performance
0.2241
(0.15)
0.0767
(0.12)
(3.35)
0.2025
(30.46)
0.1734
0.0626
Risk Adjusted Performance
0.0269
(0.07)
0.0595
(0.06)
0.0472
(0.01)
0.0733
0.0327
0.0193
Skewness
0.0645
(1.11)
(0.42)
(0.88)
(0.24)
(0.44)
0.0145
0.0656
(0.76)
Semi Deviation
0.5408
N/A
0.6383
N/A
0.3415
N/A
0.3821
0.4976
0.6358
Information Ratio
(0.12)
(0.18)
(0.08)
(0.16)
(0.16)
(0.18)
(0.1)
(0.12)
(0.12)
Value At Risk
(1.06)
(1.58)
(0.97)
(1.95)
(0.59)
(0.81)
(0.72)
(0.92)
(1.04)
Expected Short fall
(0.56)
N/A
(0.41)
N/A
(0.38)
N/A
(0.40)
(0.49)
(0.47)
Downside Deviation
0.5981
N/A
0.6909
N/A
0.4646
N/A
0.5047
0.5585
0.7295
Semi Variance
0.2924
N/A
0.4075
N/A
0.1167
N/A
0.146
0.2476
0.4042

Blackrock Muniyield Competition Performance Charts

Five steps to successful analysis of Blackrock Muniyield Competition

Blackrock Muniyield'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 Muniyield in relation to its competition. Blackrock Muniyield's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Blackrock Muniyield 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 Muniyield's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Blackrock Muniyield, 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 Muniyield position

In addition to having Blackrock Muniyield in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Financials
Financials Theme
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Other Information on Investing in Blackrock Fund

Blackrock Muniyield financial ratios help investors to determine whether Blackrock 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 Muniyield security.
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