BlackRock High Yield Market Value

HYMUDelisted Etf  USD 22.91  0.01  0.04%   
BlackRock High's market value is the price at which a share of BlackRock High trades on a public exchange. It measures the collective expectations of BlackRock High Yield investors about its performance. BlackRock High Yield is currently unavailable and cannot be used in your analysis. The information on this page reflects the last day BlackRock High was actively traded. Please check the etf traded under the symbol SHYM.
With this module, you can estimate the performance of a buy and hold strategy of BlackRock High Yield and determine expected loss or profit from investing in BlackRock High over a given investment horizon. Check out BlackRock High Correlation, BlackRock High Volatility and BlackRock High Alpha and Beta module to complement your research on BlackRock High.
Symbol

Please note, there is a significant difference between BlackRock High's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock High'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 High 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BlackRock High's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BlackRock High.
0.00
12/14/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/14/2025
0.00
If you would invest  0.00  in BlackRock High on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock High Yield or generate 0.0% return on investment in BlackRock High over 90 days. BlackRock High is related to or competes with BlackRock Intermediate, VanEck Short, IShares IBonds, SPDR Nuveen, and IShares Short. Under normal circumstances, the fund seeks to achieve its objectives by investing at least 80 percent of its assets in m... More

BlackRock High Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BlackRock High's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BlackRock High Yield upside and downside potential and time the market with a certain degree of confidence.

BlackRock High Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock High's standard deviation. In reality, there are many statistical measures that can use BlackRock High historical prices to predict the future BlackRock High's volatility.
Hype
Prediction
LowEstimatedHigh
22.6122.9123.21
Details
Intrinsic
Valuation
LowRealHigh
20.8421.1425.20
Details

BlackRock High Yield Backtested Returns

Currently, BlackRock High Yield is very steady. BlackRock High Yield secures Sharpe Ratio (or Efficiency) of 0.0462, which signifies that the etf had a 0.0462 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for BlackRock High Yield, which you can use to evaluate the volatility of the entity. Please confirm BlackRock High's risk adjusted performance of 0.0148, and Mean Deviation of 0.2166 to double-check if the risk estimate we provide is consistent with the expected return of 0.014%. The etf shows a Beta (market volatility) of 0.0163, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock High's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock High is expected to be smaller as well.

Auto-correlation

    
  -0.02  

Very weak reverse predictability

BlackRock High Yield has very weak reverse predictability. Overlapping area represents the amount of predictability between BlackRock High time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BlackRock High Yield price movement. The serial correlation of -0.02 indicates that only 2.0% of current BlackRock High price fluctuation can be explain by its past prices.
Correlation Coefficient-0.02
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.01

BlackRock High Yield lagged returns against current returns

Autocorrelation, which is BlackRock High etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BlackRock High's etf expected returns. We can calculate the autocorrelation of BlackRock High returns to help us make a trade decision. For example, suppose you find that BlackRock High has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

BlackRock High regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BlackRock High etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock High etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock High etf over time.
   Current vs Lagged Prices   
       Timeline  

BlackRock High Lagged Returns

When evaluating BlackRock High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock High etf have on its future price. BlackRock High autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BlackRock High autocorrelation shows the relationship between BlackRock High etf current value and its past values and can show if there is a momentum factor associated with investing in BlackRock High Yield.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
Check out BlackRock High Correlation, BlackRock High Volatility and BlackRock High Alpha and Beta module to complement your research on BlackRock High.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Consideration for investing in BlackRock Etf

If you are still planning to invest in BlackRock High Yield check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BlackRock High's history and understand the potential risks before investing.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas