Blackrock Muniholdings Beta vs. One Year Return
| MUE Fund | USD 10.76 0.14 1.32% |
For Blackrock Muniholdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blackrock Muniholdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blackrock Muniholdings Quality utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blackrock Muniholdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blackrock Muniholdings Quality over time as well as its relative position and ranking within its peers.
Blackrock |
Blackrock Muniholdings One Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Muniholdings's current stock value. Our valuation model uses many indicators to compare Blackrock Muniholdings value to that of its competitors to determine the firm's financial worth. Blackrock Muniholdings Quality is number one fund in beta among similar funds. It also is number one fund in one year return among similar funds reporting about 21.45 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackrock Muniholdings 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 One Year Return vs. Beta
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 Muniholdings |
| = | 0.42 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Blackrock Muniholdings |
| = | 9.01 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Blackrock One Year Return Comparison
Blackrock Muniholdings is currently under evaluation in one year return among similar funds.
Beta Analysis
As returns on the market increase, Blackrock Muniholdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Muniholdings is expected to be smaller as well.
Blackrock Muniholdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Blackrock Muniholdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blackrock Muniholdings will eventually generate negative long term returns. The profitability progress is the general direction of Blackrock Muniholdings' change in net profit over the period of time. It can combine multiple indicators of Blackrock Muniholdings, 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 MuniHoldings Quality Fund II, 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes. The fund was formerly known as BlackRock MuniHoldings Insured Fund II, Inc. BlackRock MuniHoldings Quality Fund II, Inc. was formed on February 26, 1999 and is domiciled in United States.
Blackrock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Blackrock Muniholdings. 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 Muniholdings 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 Muniholdings' important profitability drivers and their relationship over time.
Use Blackrock Muniholdings 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 Muniholdings 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 Muniholdings will appreciate offsetting losses from the drop in the long position's value.Blackrock Muniholdings Pair Trading
Blackrock Muniholdings Quality Pair Trading Analysis
The ability to find closely correlated positions to Blackrock Muniholdings 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 Muniholdings 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 Muniholdings - 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 Muniholdings Quality to buy it.
The correlation of Blackrock Muniholdings 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 Muniholdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Muniholdings 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 Muniholdings 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 Muniholdings position
In addition to having Blackrock Muniholdings 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?
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Other Information on Investing in Blackrock Fund
To fully project Blackrock Muniholdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Blackrock Muniholdings 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 Muniholdings' income statement, its balance sheet, and the statement of cash flows.
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