Blackrock Muniyield Quality Fund Manager Performance Evaluation
| MYI Fund | USD 11.26 0.04 0.35% |
The fund shows a Beta (market volatility) of -0.0074, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock Muniyield are expected to decrease at a much lower rate. During the bear market, Blackrock Muniyield is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Blackrock Muniyield Quality has generated negative risk-adjusted returns adding no value to fund investors. Despite fairly strong basic indicators, Blackrock Muniyield is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders.
...more1 | BlackRock MuniYield Quality Fund III Sets New 1-Year High at 11.98 - MarketBeat | 09/19/2024 |
| Expense Ratio | 1.3700 |
Blackrock |
Blackrock Muniyield Relative Risk vs. Return Landscape
If you would invest 1,136 in Blackrock Muniyield Quality on August 27, 2024 and sell it today you would lose (10.00) from holding Blackrock Muniyield Quality or give up 0.88% of portfolio value over 90 days. Blackrock Muniyield Quality is generating negative expected returns assuming volatility of 0.5284% on return distribution over 90 days investment horizon. In other words, 4% of funds 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 Muniyield Current Valuation
Fairly Valued
Today
Please note that Blackrock Muniyield's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Blackrock Muniyield shows a prevailing Real Value of $11.32 per share. The current price of the fund is $11.26. We determine the value of Blackrock Muniyield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor purchasing undervalued funds and trading away overvalued funds since, at some point, fund prices and their ongoing real values will blend.
Since Blackrock Muniyield is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Fund. However, Blackrock Muniyield'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 11.26 | Real 11.32 | Hype 11.26 | Naive 11.29 |
The intrinsic value of Blackrock Muniyield's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Blackrock Muniyield's stock price.
Estimating the potential upside or downside of Blackrock Muniyield Quality helps investors to forecast how Blackrock 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 Muniyield more accurately as focusing exclusively on Blackrock Muniyield's fundamentals will not take into account other important factors: Blackrock Muniyield Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Muniyield's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Blackrock Muniyield Quality, and traders can use it to determine the average amount a Blackrock Muniyield'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 = -0.0235
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| Negative Returns | MYI |
Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Blackrock Muniyield 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 Muniyield by adding Blackrock Muniyield to a well-diversified portfolio.
Blackrock Muniyield Fundamentals Growth
Blackrock Fund prices reflect investors' perceptions of the future prospects and financial health of Blackrock Muniyield, and Blackrock Muniyield 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 Fund performance.
| Return On Equity | -13.82 | ||||
| Return On Asset | 1.77 | ||||
| Profit Margin | (242.25) % | ||||
| Operating Margin | 80.04 % | ||||
| Current Valuation | 1.35 B | ||||
| Shares Outstanding | 68.15 M | ||||
| Price To Earning | 15.74 X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 13.49 X | ||||
| Revenue | 55.76 M | ||||
| Cash And Equivalents | 52.84 K | ||||
| Total Debt | 597.84 M | ||||
| Debt To Equity | 0.67 % | ||||
| Book Value Per Share | 13.04 X | ||||
| Cash Flow From Operations | 39.13 M | ||||
| Earnings Per Share | (0.35) X | ||||
About Blackrock Muniyield Performance
By evaluating Blackrock Muniyield's fundamental ratios, stakeholders can gain valuable insights into Blackrock Muniyield's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Blackrock Muniyield 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 Muniyield 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.
BlackRock MuniYield Quality Fund III, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes. BlackRock MuniYield Quality Fund III, Inc. was formed in April 13, 1992 and is domiciled in United States.Things to note about Blackrock Muniyield performance evaluation
Checking the ongoing alerts about Blackrock Muniyield for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Blackrock Muniyield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Blackrock Muniyield generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% |
- Analyzing Blackrock Muniyield'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 Muniyield's stock is overvalued or undervalued compared to its peers.
- Examining Blackrock Muniyield'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 Muniyield's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackrock Muniyield's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Blackrock Muniyield's fund. These opinions can provide insight into Blackrock Muniyield's potential for growth and whether the stock is currently undervalued or overvalued.
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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