Blackrock California Municipal Fund Price on December 11, 2024
| MKCMX Fund | USD 12.14 0.01 0.08% |
Below is the normalized historical share price chart for Blackrock California Municipal extending back to January 25, 2018. 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 California stands at 12.14, as last reported on the 13th of December 2024, with the highest price reaching 12.14 and the lowest price hitting 12.14 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 California secures Sharpe Ratio (or Efficiency) of 0.0343, which signifies that the fund had a 0.0343% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Blackrock California Municipal, which you can use to evaluate the volatility of the entity. Please confirm Blackrock California's mean deviation of 0.1209, and Risk Adjusted Performance of 0.0013 to double-check if the risk estimate we provide is consistent with the expected return of 0.0067%.
Blackrock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackrock |
Sharpe Ratio = 0.0343
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| Negative Returns | MKCMX |
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 California 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 California by adding it to a well-diversified portfolio.
Blackrock California Valuation on December 11, 2024
It is possible to determine the worth of Blackrock California on a given historical date. On December 11, 2024 Blackrock was worth 12.14 at the beginning of the trading date compared to the closed value of 12.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackrock California mutual fund. Still, in general, we apply an absolute valuation method to find Blackrock California'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 California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackrock California's related companies.
| Open | High | Low | Close | Volume | |
| 12.15 | 12.15 | 12.15 | 12.15 | 1.00 | |
12/11/2024 | 12.14 | 12.14 | 12.14 | 12.14 | 1.00 |
| 12.14 | 12.14 | 12.14 | 12.14 | 0.00 |
| Backtest Blackrock California | | | Blackrock California History | | | Blackrock California Valuation | Previous | Next |
Blackrock California Trading Date Momentum on December 11, 2024
| On December 13 2024 Blackrock California Municipal was traded for 12.14 at the closing time. The highest daily price throughout the period was 12.14 and the lowest price was 12.14 . There was no trading activity during the period 0.0. Lack of trading volume on 12/13/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Blackrock California Fundamentals Correlations and Trends
By evaluating Blackrock California'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 California'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 California Mutual Fund history
Blackrock California 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 California 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 California stock prices may prove useful in developing a viable investing in Blackrock California
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.
Blackrock California Mutual Fund Technical Analysis
Blackrock California 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 California Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Blackrock California Municipal 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 California December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackrock California 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 California shares will generate the highest return on investment. By undertsting and applying Blackrock California mutual fund market strength indicators, traders can identify Blackrock California Municipal entry and exit signals to maximize returns
Blackrock California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackrock California'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 | 0.0013 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.37) | |||
| Treynor Ratio | (0.04) |
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| Volume Indicators |
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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