BlackRock Global Year To Date Return vs. Price To Sales

BOE Etf  USD 11.28  0.03  0.27%   
Taking into consideration BlackRock Global's profitability measurements, BlackRock Global Opportunities may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in December. Profitability indicators assess BlackRock Global's ability to earn profits and add value for shareholders.
For BlackRock Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BlackRock Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BlackRock Global Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BlackRock Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BlackRock Global Opportunities over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
The market value of BlackRock Global Opp 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 Global's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Global'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 Global's market value can be influenced by many factors that don't directly affect BlackRock Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Global'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.

BlackRock Global Opp Price To Sales vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining BlackRock Global's current stock value. Our valuation model uses many indicators to compare BlackRock Global value to that of its competitors to determine the firm's financial worth.
BlackRock Global Opportunities is rated below average in year to date return as compared to similar ETFs. It is the top ETF in price to sales as compared to similar ETFs fabricating about  2.60  of Price To Sales per Year To Date Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value BlackRock Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

BlackRock Price To Sales vs. Year To Date Return

Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

BlackRock Global

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
11.68 %
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

BlackRock Global

P/S

 = 

MV Per Share

Revenue Per Share

 = 
30.34 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

BlackRock Price To Sales Comparison

BlackRock Global is currently under evaluation in price to sales as compared to similar ETFs.

BlackRock Global Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in BlackRock Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BlackRock Global will eventually generate negative long term returns. The profitability progress is the general direction of BlackRock Global's change in net profit over the period of time. It can combine multiple indicators of BlackRock Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on options on equity securities or indices. It benchmarks the performance of its portfolio against the SP Global Broad Market Index. The fund was formerly known as BlackRock Global Opportunities Equity Trust. BlackRock Enhanced Global Dividend Trust was formed on May 31, 2005 and is domiciled in the United States.

BlackRock Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on BlackRock Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BlackRock Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BlackRock Global's important profitability drivers and their relationship over time.

Use BlackRock Global in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock Global will appreciate offsetting losses from the drop in the long position's value.

BlackRock Global Pair Trading

BlackRock Global Opportunities Pair Trading Analysis

The ability to find closely correlated positions to BlackRock Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock Global Opportunities to buy it.
The correlation of BlackRock Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Global Opp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your BlackRock Global position

In addition to having BlackRock Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Manufacturing Thematic Idea Now

Manufacturing
Manufacturing Theme
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in BlackRock Etf

To fully project BlackRock Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BlackRock Global Opp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include BlackRock Global's income statement, its balance sheet, and the statement of cash flows.
Potential BlackRock Global investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although BlackRock Global investors may work on each financial statement separately, they are all related. The changes in BlackRock Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BlackRock Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.