Blackrock Technology Net Asset vs. One Year Return

BTEKX Fund  USD 79.27  1.86  2.40%   
Based on the key profitability measurements obtained from Blackrock Technology's financial statements, Blackrock Technology Opportunities may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Blackrock Technology's ability to earn profits and add value for shareholders.
For Blackrock Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blackrock Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blackrock Technology Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blackrock Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blackrock Technology Opportunities over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Blackrock Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Blackrock Technology One Year Return vs. Net Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Technology's current stock value. Our valuation model uses many indicators to compare Blackrock Technology value to that of its competitors to determine the firm's financial worth.
Blackrock Technology Opportunities is the top fund in net asset among similar funds. It also is the top fund in one year return among similar funds . The ratio of Net Asset to One Year Return for Blackrock Technology Opportunities is about  55,461,821 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Blackrock Technology's earnings, one of the primary drivers of an investment's value.

Blackrock One Year Return vs. Net Asset

Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Blackrock Technology

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
2.28 B
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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 Technology

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
41.17 %
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 Technology is currently under evaluation in one year return among similar funds.

Blackrock Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Blackrock Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blackrock Technology will eventually generate negative long term returns. The profitability progress is the general direction of Blackrock Technology's change in net profit over the period of time. It can combine multiple indicators of Blackrock Technology, 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.
The fund invests at least 80 percent of its net assets in equity securities issued by U.S. and non-U.S. technology companies in all market capitalization ranges, selected for their rapid and sustainable growth potential from the development, advancement and use of technology. It may invest in both developed and emerging markets. The fund invests primarily in common stock but may also invest in preferred stock and convertible securities. It may also invest in Rule 144A securities, which are privately placed securities purchased by qualified institutional buyers.

Blackrock Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Blackrock Technology. 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 Technology 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 Technology's important profitability drivers and their relationship over time.

Use Blackrock Technology 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 Technology 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 Technology will appreciate offsetting losses from the drop in the long position's value.

Blackrock Technology Pair Trading

Blackrock Technology Opportunities Pair Trading Analysis

The ability to find closely correlated positions to Blackrock Technology 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 Technology 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 Technology - 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 Technology Opportunities to buy it.
The correlation of Blackrock Technology 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 Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Technology 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 Technology 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Blackrock Technology position

In addition to having Blackrock Technology 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 Wireless Thematic Idea Now

Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless theme has 46 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 Wireless Theme or any other thematic opportunities.
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Other Information on Investing in Blackrock Mutual Fund

To fully project Blackrock Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Blackrock Technology 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 Technology's income statement, its balance sheet, and the statement of cash flows.
Potential Blackrock Technology investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Blackrock Technology investors may work on each financial statement separately, they are all related. The changes in Blackrock Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Blackrock Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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