Blackrock Floating Rate Fund Manager Performance Evaluation
| FRA Fund | USD 13.89 0.03 0.22% |
The fund shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackrock Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Floating is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Blackrock Floating Rate are ranked lower than 21 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat inconsistent basic indicators, Blackrock Floating may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more1 | FRA issues NOFO for more than 1 billion in Federal-State Partnership for Intercity Passenger Rail Program grants - Mass Transit Magazine | 10/02/2024 |
2 | FRA awards 2.4 billion in CRISI grants to 122 projects - TRAINS Magazine | 10/29/2024 |
3 | MAJOR ACQUISITION FRA ANGELICO - press release - Ashmolean Museum | 11/07/2024 |
| Expense Ratio | 1.7200 |
Blackrock |
Blackrock Floating Relative Risk vs. Return Landscape
If you would invest 1,259 in Blackrock Floating Rate on August 24, 2024 and sell it today you would earn a total of 130.00 from holding Blackrock Floating Rate or generate 10.33% return on investment over 90 days. Blackrock Floating Rate is generating 0.1553% of daily returns assuming volatility of 0.5761% on return distribution over 90 days investment horizon. In other words, 5% of funds are less volatile than Blackrock, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Blackrock Floating Current Valuation
Fairly Valued
Today
Please note that Blackrock Floating's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Blackrock Floating Rate shows a prevailing Real Value of $13.75 per share. The current price of the fund is $13.89. 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 taking in undervalued funds and trading overvalued funds since, at some point, 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 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 13.89 | Real 13.75 | Hype 13.89 | Naive 13.91 |
The real value of Blackrock Fund, also known as its intrinsic value, is the underlying worth of Blackrock Floating Rate Fund, which is reflected in its stock price. It is based on Blackrock Floating's financial performance, growth prospects, management team, or industry conditions. 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, or news.
Estimating the potential upside or downside of Blackrock Floating Rate helps investors to forecast how Blackrock 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 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 = 0.2695
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FRA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Blackrock Floating is performing at about 21% 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 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 Fund performance.
| Return On Equity | -5.64 | |||
| Return On Asset | 2.32 | |||
| Profit Margin | (83.05) % | |||
| Operating Margin | 82.12 % | |||
| Current Valuation | 596.28 M | |||
| Shares Outstanding | 35.23 M | |||
| Price To Earning | 85.33 X | |||
| Price To Book | 0.85 X | |||
| Price To Sales | 13.00 X | |||
| Revenue | 31.69 M | |||
| Cash And Equivalents | 1.83 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 203.15 M | |||
| Debt To Equity | 0.46 % | |||
| Book Value Per Share | 13.81 X | |||
| Cash Flow From Operations | 25.69 M | |||
| Earnings Per Share | 0.14 X | |||
| Total Asset | 405.07 M | |||
| Retained Earnings | (54.2 M) | |||
About Blackrock Floating Performance
By analyzing Blackrock Floating's fundamental ratios, stakeholders can gain valuable insights into Blackrock Floating's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
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.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. 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.| Latest headline from news.google.com: MAJOR ACQUISITION FRA ANGELICO - press release - Ashmolean Museum |
- 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 Fund's leadership.
- Pay attention to analyst opinions and ratings of Blackrock Floating's 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 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.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |