Blackrock Floating Rate Etf Performance
| BGT Etf | USD 12.67 0.02 0.16% |
The etf shows a Beta (market volatility) of 0.22, 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
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Over the last 90 days BlackRock Floating Rate has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, BlackRock Floating is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Expense Ratio | 1.7400 |
BlackRock |
BlackRock Floating Relative Risk vs. Return Landscape
If you would invest 1,284 in BlackRock Floating Rate on November 1, 2024 and sell it today you would lose (17.00) from holding BlackRock Floating Rate or give up 1.32% of portfolio value over 90 days. BlackRock Floating Rate is generating negative expected returns assuming volatility of 0.7473% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than BlackRock, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
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 etfs, 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 = -0.0265
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| Negative Returns | BGT |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BlackRock Floating 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 Floating by adding BlackRock Floating to a well-diversified portfolio.
BlackRock Floating Fundamentals Growth
BlackRock Etf 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 Etf performance.
| Return On Equity | -5.63 | |||
| Return On Asset | 2.33 | |||
| Profit Margin | (81.36) % | |||
| Operating Margin | 82.19 % | |||
| Current Valuation | 370.63 M | |||
| Shares Outstanding | 22.36 M | |||
| Price To Earning | 93.42 X | |||
| Price To Book | 0.84 X | |||
| Price To Sales | 12.60 X | |||
| Revenue | 19.89 M | |||
| Cash And Equivalents | 881.28 K | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 127 M | |||
| Debt To Equity | 0.47 % | |||
| Book Value Per Share | 13.40 X | |||
| Cash Flow From Operations | 20.97 M | |||
| Earnings Per Share | 0.12 X | |||
About BlackRock Floating Performance
Assessing BlackRock Floating's fundamental ratios provides investors with valuable insights into BlackRock Floating's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the BlackRock Floating 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.
BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. Blackrock Global is traded on New York Stock Exchange in the United States.| BlackRock Floating generated a negative expected return over the last 90 days | |
| BlackRock Floating Rate has 127 M in debt with debt to equity (D/E) ratio of 0.47, which is OK given its current industry classification. BlackRock Floating Rate has a current ratio of 0.06, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist BlackRock Floating until it has trouble settling it off, either with new capital or with free cash flow. So, BlackRock Floating's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BlackRock Floating Rate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackRock to invest in growth at high rates of return. When we think about BlackRock Floating's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 19.89 M. Reported Net Loss for the year was (16.18 M) with profit before taxes, overhead, and interest of 19.49 M. |
Other Information on Investing in BlackRock Etf
BlackRock Floating financial ratios help investors to determine whether BlackRock Etf 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.