Blackrock Taxable Municipal Fund Return On Equity
| BBN Fund | USD 16.63 0.10 0.60% |
Blackrock Taxable Municipal fundamentals help investors to digest information that contributes to Blackrock Taxable's financial success or failures. It also enables traders to predict the movement of Blackrock Fund. The fundamental analysis module provides a way to measure Blackrock Taxable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackrock Taxable fund.
Blackrock |
Blackrock Taxable Municipal Fund Return On Equity Analysis
Blackrock Taxable's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Blackrock Taxable Municipal has a Return On Equity of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Blackrock Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock Taxable's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Blackrock Taxable could also be used in its relative valuation, which is a method of valuing Blackrock Taxable by comparing valuation metrics of similar companies.Blackrock Taxable is currently under evaluation in return on equity among similar funds.
Blackrock Fundamentals
| Shares Outstanding | 58.95 M | ||||
| Shares Owned By Insiders | 0.01 % | ||||
| Shares Owned By Institutions | 26.23 % | ||||
| Number Of Shares Shorted | 18.34 K | ||||
| Price To Earning | 9.41 X | ||||
| Short Ratio | 0.06 X | ||||
| Earnings Per Share | 1.93 X | ||||
| Number Of Employees | 17 | ||||
| Beta | -0.05 | ||||
| Market Capitalization | 1.14 B | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 2.99 % | ||||
| One Year Return | 5.08 % | ||||
| Three Year Return | (1.64) % | ||||
| Five Year Return | (1.44) % | ||||
| Last Dividend Paid | 1.47 |
About Blackrock Taxable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Taxable Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Taxable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock Taxable Municipal based on its fundamental data. In general, a quantitative approach, as applied to this 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.
Please read more on our fundamental analysis page.
Pair Trading with Blackrock Taxable
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 Taxable 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 Taxable will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackrock Fund
| 0.88 | NHS | Neuberger Berman High | PairCorr |
| 0.89 | GIGGX | Deutsche Gnma | PairCorr |
| 0.81 | THYAX | High Yield Fund | PairCorr |
| 0.93 | MNCIX | Pro-blend(r) Conservative | PairCorr |
The ability to find closely correlated positions to Blackrock Taxable 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 Taxable 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 Taxable - 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 Taxable Municipal to buy it.
The correlation of Blackrock Taxable 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 Taxable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Taxable 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 Taxable 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.Other Information on Investing in Blackrock Fund
Blackrock Taxable financial ratios help investors to determine whether Blackrock 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 Taxable security.
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