BlackRock MuniYield Quality Fund II Share Price Passes Below 200 Day Moving Average - Heres Why - MarketBeat
MQT Fund | USD 10.18 0.02 0.20% |
Slightly above 62% of Blackrock Muniyield's investor base is looking to short. The analysis of overall sentiment of trading Blackrock Muniyield Quality fund suggests that many investors are alarmed at this time. Blackrock Muniyield's investing sentiment can be driven by a variety of factors including economic data, Blackrock Muniyield's earnings reports, geopolitical events, and overall market trends.
Blackrock |
BlackRock MuniYield Quality Fund II Share Price Passes Below 200 Day Moving Average - Heres Why MarketBeat
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Blackrock Muniyield Fundamental Analysis
We analyze Blackrock Muniyield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Muniyield using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Muniyield based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Beta
Beta Comparative Analysis
Blackrock Muniyield is currently under evaluation in beta among similar funds. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Blackrock Muniyield Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Blackrock Muniyield fund to make a market-neutral strategy. Peer analysis of Blackrock Muniyield could also be used in its relative valuation, which is a method of valuing Blackrock Muniyield by comparing valuation metrics with similar companies.
Peers
Blackrock Muniyield Related Equities
CXE | MFS High | 0.81 | ||||
MVF | Munivest Fund | 0.69 | ||||
MQY | Blackrock Muniyield | 0.59 | ||||
CMU | MFS High | 0.57 | ||||
DTF | DTF Tax | 0.35 | ||||
MHD | Blackrock Muniholdings | 0.25 | ||||
CXH | MFS Investment | 0.25 | ||||
MUI | Blackrock Muni | 0.25 | ||||
MFM | MFS Municipal | 0.18 | ||||
JHS | John Hancock | 0.09 | ||||
MVT | Blackrock Munivest | 0.19 | ||||
EOT | Eaton Vance | 0.54 |
Other Information on Investing in Blackrock Fund
Blackrock Muniyield 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 Muniyield security.
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