Blackrock Floating Rate Fund Price on November 25, 2024
| FRA Fund | USD 13.98 0.06 0.43% |
Below is the normalized historical share price chart for Blackrock Floating Rate extending back to October 29, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blackrock Floating stands at 13.98, as last reported on the 29th of November, with the highest price reaching 14.01 and the lowest price hitting 13.94 during the day.
If you're considering investing in Blackrock Fund, it is important to understand the factors that can impact its price. At this point, Blackrock Floating is very steady. Blackrock Floating Rate secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the fund had a 0.29% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackrock Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Floating's risk adjusted performance of 0.2134, and Mean Deviation of 0.4581 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Blackrock Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackrock |
Sharpe Ratio = 0.2926
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Blackrock Floating is performing at about 23% of its full potential. 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 Floating by adding it to a well-diversified portfolio.
Market Capitalization 452.4 M |
Blackrock Floating Valuation on November 25, 2024
It is possible to determine the worth of Blackrock Floating on a given historical date. On November 25, 2024 Blackrock was worth 13.97 at the beginning of the trading date compared to the closed value of 13.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackrock Floating fund. Still, in general, we apply an absolute valuation method to find Blackrock Floating'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 Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackrock Floating's related companies.
| Open | High | Low | Close | Volume | |
| 13.95 | 14.00 | 13.88 | 13.92 | 104,759 | |
11/25/2024 | 13.97 | 13.97 | 13.86 | 13.88 | 164,107 |
| 13.90 | 13.90 | 13.82 | 13.84 | 69,970 |
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Blackrock Floating Trading Date Momentum on November 25, 2024
| On November 26 2024 Blackrock Floating Rate was traded for 13.84 at the closing time. Highest Blackrock Floating's price during the trading hours was 13.90 and the lowest price during the day was 13.82 . The net volume was 70 K. The overall trading history on the 26th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.29% . The overall trading delta to current price is 0.79% . |
Blackrock Floating Rate Fundamentals Correlations and Trends
By evaluating Blackrock Floating'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 Floating'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 Floating Fund history
Blackrock Floating 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 Floating Rate 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 Floating stock prices may prove useful in developing a viable investing in Blackrock Floating
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.
Blackrock Floating Fund Technical Analysis
Blackrock Floating technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Blackrock Floating Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Blackrock Floating Rate 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 Floating November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackrock Floating fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackrock Floating shares will generate the highest return on investment. By undertsting and applying Blackrock Floating fund market strength indicators, traders can identify Blackrock Floating Rate entry and exit signals to maximize returns
Blackrock Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackrock Floating's price direction in advance. Along with the technical and fundamental analysis of Blackrock Fund 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.
| Risk Adjusted Performance | 0.2134 | |||
| Jensen Alpha | 0.1357 | |||
| Total Risk Alpha | 0.0654 | |||
| Sortino Ratio | 0.0626 | |||
| Treynor Ratio | 1.13 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Blackrock Fund
Blackrock Floating 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 Floating security.
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