Blackrock California Financials
| MKCMX Fund | USD 12.04 0.01 0.08% |
Blackrock |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Blackrock California Fund Summary
Blackrock California competes with Blackrock Balanced, Blackrock Eurofund, Blackrock Funds, and Blackrock Emerging. Under normal circumstances, the fund will invest at least 80 percent of its assets in California municipal bonds. At least 50 percent of its assets will be invested in investment grade securities. The fund may invest in both fixed rate and variable rate obligations. It may invest up to 50 percent of its assets in non-investment grade bonds.Specialization | Muni California Intermediate, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Blackrock California Municipal |
| Mutual Fund Family | BlackRock |
| Mutual Fund Category | Muni California Intermediate |
| Benchmark | Dow Jones Industrial |
| Phone | 800 537 4942 |
| Currency | USD - US Dollar |
Blackrock California Key Financial Ratios
Blackrock Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock California's current stock value. Our valuation model uses many indicators to compare Blackrock California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blackrock California competition to find correlations between indicators driving Blackrock California's intrinsic value. More Info.Blackrock California Municipal is rated below average in annual yield among similar funds. It also is rated below average in year to date return among similar funds creating about 8,795 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackrock California's earnings, one of the primary drivers of an investment's value.Blackrock California Systematic Risk
Blackrock California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blackrock California volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Blackrock California correlated with the market. If Beta is less than 0 Blackrock California generally moves in the opposite direction as compared to the market. If Blackrock California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blackrock California is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blackrock California is generally in the same direction as the market. If Beta > 1 Blackrock California moves generally in the same direction as, but more than the movement of the benchmark.
Blackrock California November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Blackrock California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Blackrock California Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blackrock California Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Blackrock Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blackrock California's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2848 | |||
| Information Ratio | (0.69) | |||
| Maximum Drawdown | 1.0 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.3344 |
Other Information on Investing in Blackrock Mutual Fund
Blackrock California 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 California security.
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