Blackrock High Yield Etf Performance
| HYMU Etf | USD 23.08 0.08 0.35% |
The etf shows a Beta (market volatility) of -0.0934, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BlackRock High are expected to decrease at a much lower rate. During the bear market, BlackRock High is likely to outperform the market.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in BlackRock High Yield are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable primary indicators, BlackRock High is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | HYMU High Yield Muni Investing For High Tax Equivalent Yields - Seeking Alpha | 09/30/2024 |
| In Threey Sharp Ratio | -0.31 |
BlackRock |
BlackRock High Relative Risk vs. Return Landscape
If you would invest 2,277 in BlackRock High Yield on August 28, 2024 and sell it today you would earn a total of 31.00 from holding BlackRock High Yield or generate 1.36% return on investment over 90 days. BlackRock High Yield is currently generating 0.0216% in daily expected returns and assumes 0.3097% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than BlackRock, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
BlackRock High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BlackRock High Yield, and traders can use it to determine the average amount a BlackRock High'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 = 0.0698
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HYMU |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average BlackRock High is performing at about 5% 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 High by adding it to a well-diversified portfolio.
BlackRock High Fundamentals Growth
BlackRock Etf prices reflect investors' perceptions of the future prospects and financial health of BlackRock High, and BlackRock High 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 Etf performance.
| Total Asset | 24.67 M | |||
About BlackRock High Performance
Assessing BlackRock High's fundamental ratios provides investors with valuable insights into BlackRock High's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the BlackRock High is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund seeks to achieve its objectives by investing at least 80 percent of its assets in municipal bonds. Blackrock High is traded on BATS Exchange in the United States.| The fund retains about 5.56% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BlackRock High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of BlackRock High Yield is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock High's value that differs from its market value or its book value, called intrinsic value, which is BlackRock High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock High's market value can be influenced by many factors that don't directly affect BlackRock High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock High's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.