Blackrock Floating Rate Fund Manager Performance Evaluation
| BFRAX Fund | USD 9.70 0.01 0.10% |
The fund shows a Beta (market volatility) of -0.0463, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock Floating are expected to decrease at a much lower rate. During the bear market, Blackrock Floating is likely to outperform the market.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Blackrock Floating Rate are ranked lower than 19 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Blackrock Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of December 2022 | |
| Expense Ratio | 0.9300 |
Blackrock |
Blackrock Floating Relative Risk vs. Return Landscape
If you would invest 948.00 in Blackrock Floating Rate on August 28, 2024 and sell it today you would earn a total of 22.00 from holding Blackrock Floating Rate or generate 2.32% return on investment over 90 days. Blackrock Floating Rate is currently producing 0.0365% returns and takes up 0.1459% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Blackrock, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Blackrock Floating Current Valuation
Overvalued
Today
Please note that Blackrock Floating's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Blackrock Floating Rate shows a prevailing Real Value of $8.91 per share. The current price of the fund is $9.7. We determine the value of Blackrock Floating Rate from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Blackrock Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Mutual Fund. However, Blackrock Floating's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.7 | Real 8.91 | Hype 9.7 |
The intrinsic value of Blackrock Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Blackrock Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Blackrock Floating Rate helps investors to forecast how Blackrock mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Blackrock Floating more accurately as focusing exclusively on Blackrock Floating's fundamentals will not take into account other important factors: Blackrock Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Blackrock Floating Rate, and traders can use it to determine the average amount a Blackrock Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2503
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BFRAX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Blackrock Floating is performing at about 19% 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.
Blackrock Floating Fundamentals Growth
Blackrock Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Blackrock Floating, and Blackrock Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Blackrock Mutual Fund performance.
| Total Asset | 342.94 M | ||||
About Blackrock Floating Performance
Evaluating Blackrock Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Blackrock Floating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Blackrock Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in floating rate investments and investments that are the economic equivalent of floating rate investments, which effectively enables the fund to achieve a floating rate of income. It may also purchase, without limitation, participations or assignments in senior floating rate loans or second lien floating rate loans.Things to note about Blackrock Floating Rate performance evaluation
Checking the ongoing alerts about Blackrock Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Blackrock Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 7.07% of its assets under management (AUM) in cash |
- Analyzing Blackrock Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Blackrock Floating's stock is overvalued or undervalued compared to its peers.
- Examining Blackrock Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Blackrock Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackrock Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Blackrock Floating's mutual fund. These opinions can provide insight into Blackrock Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Blackrock Mutual Fund
Blackrock Floating 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 Floating security.
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