Blackrock Mit Ii Stock Price on February 29, 2024

BLE Stock  USD 10.84  0.10  0.93%   
If you're considering investing in BlackRock Stock, it is important to understand the factors that can impact its price. As of today, the current price of BlackRock MIT stands at 10.84, as last reported on the 26th of November, with the highest price reaching 10.89 and the lowest price hitting 10.78 during the day. BlackRock MIT II secures Sharpe Ratio (or Efficiency) of -0.0157, which signifies that the company had a -0.0157% return per unit of standard deviation over the last 3 months. BlackRock MIT II exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock MIT's mean deviation of 0.4259, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
BlackRock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0157

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBLE

Estimated Market Risk

 0.55
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average BlackRock MIT is not performing at its full potential. However, 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 MIT by adding BlackRock MIT to a well-diversified portfolio.

Related Headline

Invesco Advantage Headline on 29th of February 2024

Benchmark Electronics, Inc. Shares Purchased by Invesco Ltd. MarketBeat

BlackRock MIT Valuation on February 29, 2024

It is possible to determine the worth of BlackRock MIT on a given historical date. On February 29, 2024 BlackRock was worth 10.31 at the beginning of the trading date compared to the closed value of 10.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlackRock MIT stock. Still, in general, we apply an absolute valuation method to find BlackRock MIT's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BlackRock MIT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlackRock MIT's related companies.
 Open High Low Close Volume
  10.29    10.33    10.27    10.29    104,300  
02/29/2024
  10.31    10.36    10.29    10.35    70,500  
  10.37    10.41    10.31    10.39    107,600  
Backtest BlackRock MIT  |  BlackRock MIT History  |  BlackRock MIT Valuation   PreviousNext  
Open Value
10.31
10.35
Closing Value
11.95
Upside

BlackRock MIT Trading Date Momentum on February 29, 2024

On March 01 2024 BlackRock MIT II was traded for  10.39  at the closing time. Highest BlackRock MIT's price during the trading hours was 10.41  and the lowest price during the day was  10.31 . The net volume was 107.6 K. The overall trading history on the 1st of March contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.39% . The overall trading delta to current price is 0.77% .

BlackRock MIT II Fundamentals Correlations and Trends

By evaluating BlackRock MIT's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BlackRock MIT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BlackRock financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About BlackRock MIT Stock history

BlackRock MIT investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BlackRock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BlackRock MIT II will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BlackRock MIT stock prices may prove useful in developing a viable investing in BlackRock MIT
BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Municipal Income Trust II was formed on July 30, 2002 and is domiciled in United States. Blackrock Muni is traded on New York Stock Exchange in the United States.

BlackRock MIT Stock Technical Analysis

BlackRock MIT technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of BlackRock MIT technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BlackRock MIT trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

BlackRock MIT Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BlackRock MIT II cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

BlackRock MIT November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how BlackRock MIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BlackRock MIT shares will generate the highest return on investment. By undertsting and applying BlackRock MIT stock market strength indicators, traders can identify BlackRock MIT II entry and exit signals to maximize returns

BlackRock MIT Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BlackRock MIT's price direction in advance. Along with the technical and fundamental analysis of BlackRock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BlackRock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for BlackRock Stock analysis

When running BlackRock MIT's price analysis, check to measure BlackRock MIT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackRock MIT is operating at the current time. Most of BlackRock MIT's value examination focuses on studying past and present price action to predict the probability of BlackRock MIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock MIT's price. Additionally, you may evaluate how the addition of BlackRock MIT to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device