Blackrock Natl Muni Fund Price on June 3, 2024
MFNLX Fund | USD 10.17 0.03 0.30% |
Below is the normalized historical share price chart for Blackrock Natl Muni extending back to October 03, 2006. 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 Natl stands at 10.17, as last reported on the 26th of November, with the highest price reaching 10.17 and the lowest price hitting 10.17 during the day.
If you're considering investing in Blackrock Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Blackrock Mutual Fund to be very steady. Blackrock Natl Muni secures Sharpe Ratio (or Efficiency) of 0.0317, which signifies that the fund had a 0.0317% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock Natl Muni, which you can use to evaluate the volatility of the entity. Please confirm Blackrock Natl's risk adjusted performance of (0.02), and Mean Deviation of 0.1208 to double-check if the risk estimate we provide is consistent with the expected return of 0.0065%.
Blackrock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackrock |
Sharpe Ratio = 0.0317
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Estimated Market Risk
0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Blackrock Natl is performing at about 2% 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 Natl by adding it to a well-diversified portfolio.
Blackrock Natl Valuation on June 3, 2024
It is possible to determine the worth of Blackrock Natl on a given historical date. On June 3, 2024 Blackrock was worth 9.93 at the beginning of the trading date compared to the closed value of 9.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackrock Natl mutual fund. Still, in general, we apply an absolute valuation method to find Blackrock Natl'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 Natl where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackrock Natl's related companies.
Open | High | Low | Close | Volume | |
9.91 | 9.91 | 9.91 | 9.91 | 1.00 | |
06/03/2024 | 9.93 | 9.93 | 9.93 | 9.93 | 1.00 |
9.95 | 9.95 | 9.95 | 9.95 | 1.00 |
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Blackrock Natl Trading Date Momentum on June 3, 2024
On June 04 2024 Blackrock Natl Muni was traded for 9.95 at the closing time. The highest daily price throughout the period was 9.95 and the lowest price was 9.95 . There was no trading activity during the period 1.0. Lack of trading volume on 06/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.20% . The overall trading delta to current closing price is 1.01% . |
Blackrock Natl Muni Fundamentals Correlations and Trends
By evaluating Blackrock Natl'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 Natl'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 Natl Mutual Fund history
Blackrock Natl 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 Natl Muni 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 Natl stock prices may prove useful in developing a viable investing in Blackrock Natl
The fund seeks to achieve its objective by investing at least 80 percent of its assets in municipal bonds. Although the advisor intends to invest at least 65 percent of the funds net assets in municipal bonds rated investment grade or in unrated municipal bonds that fund management believes are of comparable quality, it is possible that in the future the fund could invest up to 100 percent of its assets in junk bonds. It will primarily invest in municipal bonds that have a maturity of five years or longer.
Blackrock Natl Mutual Fund Technical Analysis
Blackrock Natl technical mutual 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 Natl Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Blackrock Natl Muni cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Natl November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackrock Natl mutual 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 Natl shares will generate the highest return on investment. By undertsting and applying Blackrock Natl mutual fund market strength indicators, traders can identify Blackrock Natl Muni entry and exit signals to maximize returns
Blackrock Natl Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackrock Natl's price direction in advance. Along with the technical and fundamental analysis of Blackrock Mutual 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 | (0.02) | |||
Jensen Alpha | 0.0029 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.42) | |||
Treynor Ratio | 0.0851 |
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Other Information on Investing in Blackrock Mutual Fund
Blackrock Natl 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 Natl security.
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