Blackrock Munienhanced Fund Return On Equity
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Blackrock Munienhanced's long-term financial health and intrinsic value.
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Blackrock Munienhanced Fund Return On Equity Analysis
Blackrock Munienhanced'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.
Current Blackrock Munienhanced Return On Equity | 3.4 |
Most of Blackrock Munienhanced's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackrock Munienhanced is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBlackrock Munienhanced Return On Equity Component Assessment
Based on the latest financial disclosure, Blackrock Munienhanced has a Return On Equity of 3.4. This is 134.48% higher than that of the Financial Services family and 49.55% lower than that of the Asset Management category. The return on equity for all United States funds is notably lower than that of the firm.
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Blackrock Fundamentals
| Return On Equity | 3.4 | |||
| Return On Asset | 2.01 | |||
| Profit Margin | 54.21 % | |||
| Operating Margin | 85.46 % | |||
| Current Valuation | 588.56 M | |||
| Shares Outstanding | 29.68 M | |||
| Shares Owned By Institutions | 21.00 % | |||
| Number Of Shares Shorted | 59.06 K | |||
| Price To Earning | 29.39 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 15.95 X | |||
| Revenue | 22.48 M | |||
| Gross Profit | 23.01 M | |||
| Net Income | 12.19 M | |||
| Cash And Equivalents | 147.77 K | |||
| Total Debt | 230.01 M | |||
| Debt To Equity | 0.64 % | |||
| Current Ratio | 0.08 X | |||
| Book Value Per Share | 12.04 X | |||
| Cash Flow From Operations | 21.3 M | |||
| Short Ratio | 1.44 X | |||
| Earnings Per Share | 0.41 X | |||
| Number Of Employees | 20 | |||
| Beta | 0.2 | |||
| Market Capitalization | 358.55 M | |||
| Total Asset | 494.2 M | |||
| Retained Earnings | (29.43 M) | |||
| Z Score | 0.6 | |||
| Five Year Return | 5.30 % | |||
| Last Dividend Paid | 0.56 |
Pair Trading with Blackrock Munienhanced
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 Munienhanced 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 Munienhanced will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nasdaq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nasdaq 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 Nasdaq - 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 Nasdaq Inc to buy it.
The correlation of Nasdaq 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 Nasdaq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nasdaq Inc 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 Nasdaq 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Other Consideration for investing in Blackrock Fund
If you are still planning to invest in Blackrock Munienhanced 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 Munienhanced's history and understand the potential risks before investing.
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