Blackrock Munivest Beta vs. Price To Earning
| MVT Fund | USD 11.27 0.13 1.17% |
For Blackrock Munivest profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blackrock Munivest to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blackrock Munivest utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blackrock Munivest's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blackrock Munivest over time as well as its relative position and ranking within its peers.
Blackrock |
Blackrock Munivest Price To Earning vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Munivest's current stock value. Our valuation model uses many indicators to compare Blackrock Munivest value to that of its competitors to determine the firm's financial worth. Blackrock Munivest is number one fund in beta among similar funds. It also is number one fund in price to earning among similar funds reporting about 66.62 of Price To Earning per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackrock Munivest 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 Earning 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 Munivest |
| = | 0.5 |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Blackrock Munivest |
| = | 33.31 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Blackrock Price To Earning Comparison
Blackrock Munivest is currently under evaluation in price to earning among similar funds.
Beta Analysis
As returns on the market increase, Blackrock Munivest's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Munivest is expected to be smaller as well.
Blackrock Munivest Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Blackrock Munivest, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blackrock Munivest will eventually generate negative long term returns. The profitability progress is the general direction of Blackrock Munivest's change in net profit over the period of time. It can combine multiple indicators of Blackrock Munivest, 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 MuniVest 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. It invests primarily in long-term municipal bonds exempt from federal income taxes. BlackRock MuniVest Fund II, Inc. was formed on March 29, 1993 and is domiciled in United States.
Blackrock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Blackrock Munivest. 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 Munivest 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 Munivest's important profitability drivers and their relationship over time.
Use Blackrock Munivest 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 Munivest 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 Munivest will appreciate offsetting losses from the drop in the long position's value.Blackrock Munivest Pair Trading
Blackrock Munivest Pair Trading Analysis
The ability to find closely correlated positions to Blackrock Munivest 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 Munivest 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 Munivest - 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 Munivest to buy it.
The correlation of Blackrock Munivest 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 Munivest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Munivest 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 Munivest 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 Munivest position
In addition to having Blackrock Munivest 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 Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products 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 Pharmaceutical Products Theme or any other thematic opportunities.
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Other Information on Investing in Blackrock Fund
To fully project Blackrock Munivest's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Blackrock Munivest 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 Munivest's income statement, its balance sheet, and the statement of cash flows.
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