Blackrock High Yield Etf Net Asset
| HYMU Etf | USD 22.97 0.03 0.13% |
BlackRock High Yield fundamentals help investors to digest information that contributes to BlackRock High's financial success or failures. It also enables traders to predict the movement of BlackRock Etf. The fundamental analysis module provides a way to measure BlackRock High's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BlackRock High etf.
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BlackRock High Yield ETF Net Asset Analysis
BlackRock High's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current BlackRock High Net Asset | 24.67 M |
Most of BlackRock High's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BlackRock High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, BlackRock High Yield has a Net Asset of 24.67 M. This is much higher than that of the BlackRock family and significantly higher than that of the High Yield Muni category. The net asset for all United States etfs is notably lower than that of the firm.
BlackRock Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackRock High's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BlackRock High could also be used in its relative valuation, which is a method of valuing BlackRock High by comparing valuation metrics of similar companies.BlackRock High is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for BlackRock High
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides BlackRock High's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
BlackRock Fundamentals
| Beta | 1.39 | |||
| Total Asset | 24.67 M | |||
| One Year Return | 13.50 % | |||
| Three Year Return | (0.10) % | |||
| Net Asset | 24.67 M | |||
| Last Dividend Paid | 0.0693 | |||
| Bond Positions Weight | 5.56 % |
About BlackRock High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackRock High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackRock High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackRock High Yield based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out BlackRock High Piotroski F Score and BlackRock High Altman Z Score analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.