BlackRock California Municipal Opportunities Fund Q3 2024 Commentary - Seeking Alpha
PSGKX Fund | USD 22.42 0.23 1.02% |
Slightly above 61% of Blackrock Advantage's investor base is looking to short. The analysis of overall sentiment of trading Blackrock Advantage Small mutual fund suggests that many investors are alarmed at this time. Blackrock Advantage's investing sentiment can be driven by a variety of factors including economic data, Blackrock Advantage's earnings reports, geopolitical events, and overall market trends.
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BlackRock California Municipal Opportunities Fund Q3 2024 Commentary Seeking Alpha
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Blackrock Advantage Fundamental Analysis
We analyze Blackrock Advantage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Advantage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Advantage based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Position Weight
Cash Position Weight Comparative Analysis
Blackrock Advantage is currently under evaluation in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Blackrock Advantage Small Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Blackrock Advantage mutual fund to make a market-neutral strategy. Peer analysis of Blackrock Advantage could also be used in its relative valuation, which is a method of valuing Blackrock Advantage by comparing valuation metrics with similar companies.
Peers
Blackrock Advantage Related Equities
MKFOX | Blackrock Large | 1.33 | ||||
MKECX | Blackrock Funds | 0.53 | ||||
MKGCX | Blackrock Advantage | 0.11 | ||||
BRAPX | Blackrock Aggressive | 0.11 | ||||
MKILX | Blackrock International | 0.1 | ||||
MKEFX | Blackrock Eurofund | 0.05 | ||||
MKCMX | Blackrock California | 0.08 | ||||
MKDCX | Blackrock Emerging | 0.16 | ||||
MKCPX | Blackrock Balanced | 0.29 | ||||
MKDVX | Blackrock Equity | 0.61 |
Other Information on Investing in Blackrock Mutual Fund
Blackrock Advantage 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 Advantage security.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |