Blackrock High Yield Fund Manager Performance Evaluation

MKYHX Fund  USD 9.23  0.02  0.22%   
The fund shows a Beta (market volatility) of -0.0805, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackrock High are expected to decrease at a much lower rate. During the bear market, Blackrock High is likely to outperform the market.

Risk-Adjusted Performance

0 of 100

 
Weak
 
Strong
Very Weak
Over the last 90 days Blackrock High Yield has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical indicators, Blackrock High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more
1
BlackRock High Yield Municipal Fund Q3 2024 Commentary - Seeking Alpha
11/20/2024
Expense Ratio0.5300
  

Blackrock High Relative Risk vs. Return Landscape

If you would invest  925.00  in Blackrock High Yield on September 15, 2024 and sell it today you would lose (2.00) from holding Blackrock High Yield or give up 0.22% of portfolio value over 90 days. Blackrock High Yield is currently producing negative expected returns and takes up 0.3077% volatility of returns over 90 trading days. Put another way, 2% 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  
Assuming the 90 days horizon Blackrock High is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.37 times less risky than the market. the firm trades about -0.01 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.11 of returns per unit of risk over similar time horizon.

Blackrock High Current Valuation

Overvalued
Today
9.23
Please note that Blackrock High's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Blackrock High Yield shows a prevailing Real Value of $8.9 per share. The current price of the fund is $9.23. We determine the value of Blackrock High Yield 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 High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Mutual Fund. However, Blackrock High'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  9.23 Real  8.9 Hype  9.23
The intrinsic value of Blackrock High'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 High'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.
8.90
Real Value
10.15
Upside
Estimating the potential upside or downside of Blackrock High Yield 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 High more accurately as focusing exclusively on Blackrock High's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
8.929.239.54
Details

Blackrock High Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Blackrock High Yield, and traders can use it to determine the average amount a Blackrock High'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 = -0.0095

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMKYHX

Estimated Market Risk

 0.31
  actual daily
2
98% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Blackrock High 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 High by adding Blackrock High to a well-diversified portfolio.

Blackrock High Fundamentals Growth

Blackrock Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Blackrock High, and Blackrock High 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.

About Blackrock High Performance

Evaluating Blackrock High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Blackrock High 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 High 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 normally invests at least 80 percent of its assets in municipal bonds. It may invest in municipal bonds rated in any rating category or in unrated municipal bonds. The fund invests at least 65 percent of the funds net assets in medium- to low-quality bonds as rated by at least one independent rating agency. It may also invest up to 10 percent of its assets in municipal bonds that are distressed securities.

Things to note about Blackrock High Yield performance evaluation

Checking the ongoing alerts about Blackrock High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Blackrock High Yield help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Blackrock High Yield generated a negative expected return over the last 90 days
Latest headline from news.google.com: Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio - Yahoo Finance
The fund generated three year return of 0.0%
Blackrock High Yield maintains about 9.82% of its assets in bonds
Evaluating Blackrock High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Blackrock High's mutual fund performance include:
  • Analyzing Blackrock High'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 High's stock is overvalued or undervalued compared to its peers.
  • Examining Blackrock High'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 High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackrock High's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Blackrock High's mutual fund. These opinions can provide insight into Blackrock High's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Blackrock High's mutual fund performance is not an exact science, and many factors can impact Blackrock High's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Blackrock Mutual Fund

Blackrock High 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 High security.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Global Correlations
Find global opportunities by holding instruments from different markets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance