BlackRock Floating Financial Statements From 2010 to 2024
| BGT Etf | USD 12.92 0.01 0.08% |
Market Capitalization 260.6 M |
Check BlackRock Floating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock Floating's main balance sheet or income statement drivers, such as , as well as many indicators such as . BlackRock financial statements analysis is a perfect complement when working with BlackRock Floating Valuation or Volatility modules.
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BlackRock Floating Rate ETF Beta Analysis
BlackRock Floating'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 Floating Beta | 0.62 |
Most of BlackRock Floating'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 Floating Rate 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.
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In accordance with the recently published financial statements, BlackRock Floating Rate has a Beta of 0.62. 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 etfs is notably lower than that of the firm.
BlackRock Floating Rate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BlackRock Floating's current stock value. Our valuation model uses many indicators to compare BlackRock Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BlackRock Floating competition to find correlations between indicators driving BlackRock Floating's intrinsic value. More Info.BlackRock Floating Rate is the top ETF in price to earning as compared to similar ETFs. It is third largest ETF in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for BlackRock Floating Rate is roughly 111.21 . Comparative valuation analysis is a catch-all technique that is used if you cannot value BlackRock Floating by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About BlackRock Floating Financial Statements
BlackRock Floating shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although BlackRock Floating investors may analyze each financial statement separately, they are all interrelated. The changes in BlackRock Floating's assets and liabilities, for example, are also reflected in the revenues and expenses on on BlackRock Floating's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.
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Other Information on Investing in BlackRock Etf
BlackRock Floating financial ratios help investors to determine whether BlackRock Etf 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 Floating security.