Backrock Glbl Opprtnts Fund Manager Performance Evaluation
| BROCX Fund | USD 18.02 0.01 0.06% |
The fund shows a Beta (market volatility) of 0.0876, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Backrock Glbl's returns are expected to increase less than the market. However, during the bear market, the loss of holding Backrock Glbl is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Backrock Glbl Opprtnts has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Backrock Glbl 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 | 1.5000 |
Backrock |
Backrock Glbl Relative Risk vs. Return Landscape
If you would invest 1,900 in Backrock Glbl Opprtnts on October 10, 2024 and sell it today you would lose (98.00) from holding Backrock Glbl Opprtnts or give up 5.16% of portfolio value over 90 days. Backrock Glbl Opprtnts is currently producing negative expected returns and takes up 0.7383% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Backrock, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Backrock Glbl Current Valuation
Overvalued
Today
Please note that Backrock Glbl's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Backrock Glbl Opprtnts shows a prevailing Real Value of $16.31 per share. The current price of the fund is $18.02. We determine the value of Backrock Glbl Opprtnts 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 Backrock Glbl is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Backrock Mutual Fund. However, Backrock Glbl'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 18.02 | Real 16.31 | Hype 18.02 | Naive 18.26 |
The intrinsic value of Backrock Glbl'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 Backrock Glbl'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 Backrock Glbl Opprtnts helps investors to forecast how Backrock 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 Backrock Glbl more accurately as focusing exclusively on Backrock Glbl's fundamentals will not take into account other important factors: Backrock Glbl Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Backrock Glbl's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Backrock Glbl Opprtnts, and traders can use it to determine the average amount a Backrock Glbl'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 = -0.1139
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BROCX |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Backrock Glbl 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 Backrock Glbl by adding Backrock Glbl to a well-diversified portfolio.
Backrock Glbl Fundamentals Growth
Backrock Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Backrock Glbl, and Backrock Glbl 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 Backrock Mutual Fund performance.
| Price To Earning | 19.02 X | ||||
| Price To Book | 2.05 X | ||||
| Price To Sales | 1.61 X | ||||
| Total Asset | 2.71 M | ||||
About Backrock Glbl Performance
Evaluating Backrock Glbl's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Backrock Glbl 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 Backrock Glbl 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 seeks to invest at least 80 percent of its net assets plus the amount of any borrowings for investment purposes in non-U.S. equity securities and equity-like instruments of companies that are components of, or have characteristics similar to, the companies included in the MSCI EAFE Index and derivatives that are tied economically to securities of the MSCI EAFE Index. Equity securities include common stock, preferred stock and convertible securities. It primarily seeks to buy common stock and may also invest in preferred stock and convertible securities.Things to note about Backrock Glbl Opprtnts performance evaluation
Checking the ongoing alerts about Backrock Glbl for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Backrock Glbl Opprtnts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Backrock Glbl generated a negative expected return over the last 90 days | |
| The fund holds 96.37% of its assets under management (AUM) in equities |
- Analyzing Backrock Glbl'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 Backrock Glbl's stock is overvalued or undervalued compared to its peers.
- Examining Backrock Glbl'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 Backrock Glbl's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Backrock Glbl's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Backrock Glbl's mutual fund. These opinions can provide insight into Backrock Glbl's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Backrock Mutual Fund
Backrock Glbl financial ratios help investors to determine whether Backrock 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 Backrock with respect to the benefits of owning Backrock Glbl security.
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