Blackrock Health Sciences Fund Manager Performance Evaluation
| SHISX Fund | USD 70.33 0.19 0.27% |
The fund shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blackrock Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock Health is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Blackrock Health Sciences has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Blackrock Health is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of September 2022 | |
| Expense Ratio | 1.1400 |
Blackrock |
Blackrock Health Relative Risk vs. Return Landscape
If you would invest 7,338 in Blackrock Health Sciences on September 2, 2024 and sell it today you would lose (305.00) from holding Blackrock Health Sciences or give up 4.16% of portfolio value over 90 days. Blackrock Health Sciences is currently producing negative expected returns and takes up 0.7316% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Blackrock, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Blackrock Health Current Valuation
Fairly Valued
Today
Please note that Blackrock Health's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Blackrock Health Sciences shows a prevailing Real Value of $70.38 per share. The current price of the fund is $70.33. We determine the value of Blackrock Health Sciences from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Blackrock Health is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Mutual Fund. However, Blackrock Health'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 70.33 | Real 70.38 | Hype 70.33 | Naive 71.62 |
The intrinsic value of Blackrock Health's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Blackrock Health's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Blackrock Health Sciences helps investors to forecast how Blackrock mutual 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 Health more accurately as focusing exclusively on Blackrock Health's fundamentals will not take into account other important factors: Blackrock Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Health's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Blackrock Health Sciences, and traders can use it to determine the average amount a Blackrock Health'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 = -0.087
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| Negative Returns | SHISX |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Blackrock Health 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 Health by adding Blackrock Health to a well-diversified portfolio.
Blackrock Health Fundamentals Growth
Blackrock Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Blackrock Health, and Blackrock Health 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 Mutual Fund performance.
| Price To Earning | 18.98 X | ||||
| Price To Book | 3.10 X | ||||
| Price To Sales | 1.37 X | ||||
| Total Asset | 34.18 M | ||||
About Blackrock Health Performance
Evaluating Blackrock Health's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Blackrock Health 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 Health 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.
The fund invests at least 80 percent of its total assets in equity securities, primarily common stock, of companies in health sciences and related industries. The health sciences sector can include companies in health care equipment and supplies, health care providers and services, biotechnology, and pharmaceuticals. It will concentrate its investments in health sciences or related industries, and may invest in companies located in non-U.S. countries.Things to note about Blackrock Health Sciences performance evaluation
Checking the ongoing alerts about Blackrock Health for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Blackrock Health Sciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Blackrock Health generated a negative expected return over the last 90 days | |
| The fund maintains 96.9% of its assets in stocks |
- Analyzing Blackrock Health'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 Health's stock is overvalued or undervalued compared to its peers.
- Examining Blackrock Health'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 Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackrock Health's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Blackrock Health's mutual fund. These opinions can provide insight into Blackrock Health's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Blackrock Mutual Fund
Blackrock Health financial ratios help investors to determine whether Blackrock Mutual 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 Health security.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |