Blackrock Eurofund Class Fund Manager Performance Evaluation
| MKEFX Fund | USD 20.38 0.06 0.29% |
The fund shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Eurofund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Eurofund is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Blackrock Eurofund Class has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more1 | BlackRock EuroFund Q2 2024 Commentary - Seeking Alpha | 09/17/2024 |
2 | BlackRock Eurofund Q3 2024 Commentary - Seeking Alpha | 11/20/2024 |
| Expense Ratio | 1.0400 |
Blackrock |
Blackrock Eurofund Relative Risk vs. Return Landscape
If you would invest 2,206 in Blackrock Eurofund Class on August 29, 2024 and sell it today you would lose (168.00) from holding Blackrock Eurofund Class or give up 7.62% of portfolio value over 90 days. Blackrock Eurofund Class is currently producing negative expected returns and takes up 1.1977% volatility of returns over 90 trading days. Put another way, 10% 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 Eurofund Current Valuation
Overvalued
Today
Please note that Blackrock Eurofund's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Blackrock Eurofund Class shows a prevailing Real Value of $18.99 per share. The current price of the fund is $20.38. We determine the value of Blackrock Eurofund Class 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 Eurofund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Mutual Fund. However, Blackrock Eurofund'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 20.38 | Real 18.99 | Hype 20.38 | Naive 20.05 |
The intrinsic value of Blackrock Eurofund'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 Eurofund'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 Eurofund Class 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 Eurofund more accurately as focusing exclusively on Blackrock Eurofund's fundamentals will not take into account other important factors: Blackrock Eurofund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Eurofund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Blackrock Eurofund Class, and traders can use it to determine the average amount a Blackrock Eurofund'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 = -0.0974
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MKEFX |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Blackrock Eurofund is not performing at its full potential. However, 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 Eurofund by adding Blackrock Eurofund to a well-diversified portfolio.
Blackrock Eurofund Fundamentals Growth
Blackrock Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Blackrock Eurofund, and Blackrock Eurofund 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 | 100 M | |||
About Blackrock Eurofund Performance
Evaluating Blackrock Eurofund's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Blackrock Eurofund 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 Eurofund 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.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. The adviser currently expects that a majority of the funds assets will be invested in equity securities of companies located in countries participating in the European Monetary Union . The fund may invest in companies of any size.Things to note about Blackrock Eurofund Class performance evaluation
Checking the ongoing alerts about Blackrock Eurofund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Blackrock Eurofund Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Blackrock Eurofund generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: BlackRock Eurofund Q3 2024 Commentary - Seeking Alpha | |
| The fund generated three year return of -1.0% | |
| Blackrock Eurofund Class maintains 99.43% of its assets in stocks |
- Analyzing Blackrock Eurofund'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 Eurofund's stock is overvalued or undervalued compared to its peers.
- Examining Blackrock Eurofund'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 Eurofund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackrock Eurofund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Blackrock Eurofund's mutual fund. These opinions can provide insight into Blackrock Eurofund's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Blackrock Mutual Fund
Blackrock Eurofund 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 Eurofund security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |