Blackrock California Bond Positions Weight vs. Five Year Return
| MKCMX Fund | USD 12.10 0.04 0.33% |
For Blackrock California profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blackrock California to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blackrock California Municipal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blackrock California's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blackrock California Municipal over time as well as its relative position and ranking within its peers.
Blackrock |
Blackrock California Five Year Return vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock California's current stock value. Our valuation model uses many indicators to compare Blackrock California value to that of its competitors to determine the firm's financial worth. Blackrock California Municipal is number one fund in bond positions weight among similar funds. It also is number one fund in five year return among similar funds reporting about 0.24 of Five Year Return per Bond Positions Weight. The ratio of Bond Positions Weight to Five Year Return for Blackrock California Municipal is roughly 4.13 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackrock California's earnings, one of the primary drivers of an investment's value.Blackrock Five Year Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Blackrock California |
| = | 6.50 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Blackrock California |
| = | 1.57 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Blackrock Five Year Return Comparison
Blackrock California is currently under evaluation in five year return among similar funds.
Blackrock California Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Blackrock California, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blackrock California will eventually generate negative long term returns. The profitability progress is the general direction of Blackrock California's change in net profit over the period of time. It can combine multiple indicators of Blackrock California, 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.
Under normal circumstances, the fund will invest at least 80 percent of its assets in California municipal bonds. At least 50 percent of its assets will be invested in investment grade securities. The fund may invest in both fixed rate and variable rate obligations. It may invest up to 50 percent of its assets in non-investment grade bonds.
Blackrock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Blackrock California. 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 California 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 California's important profitability drivers and their relationship over time.
Use Blackrock California 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 California 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 California will appreciate offsetting losses from the drop in the long position's value.Blackrock California Pair Trading
Blackrock California Municipal Pair Trading Analysis
The ability to find closely correlated positions to Blackrock California 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 California 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 California - 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 California Municipal to buy it.
The correlation of Blackrock California 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 California moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock California 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 California 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.Use Investing Themes to Complement your Blackrock California position
In addition to having Blackrock California 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in Blackrock Mutual Fund
To fully project Blackrock California's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Blackrock California 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 California's income statement, its balance sheet, and the statement of cash flows.
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