Blackrock National Municipal Fund Price on February 16, 2024
| MDNLX Fund | USD 10.11 0.02 0.20% |
Below is the normalized historical share price chart for Blackrock National Municipal extending back to March 02, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blackrock National stands at 10.11, as last reported on the 17th of May 2024, with the highest price reaching 10.11 and the lowest price hitting 10.11 during the day.
If you're considering investing in Blackrock Mutual Fund, it is important to understand the factors that can impact its price. We consider Blackrock National very steady. Blackrock National secures Sharpe Ratio (or Efficiency) of 0.0622, which signifies that the fund had a 0.0622% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackrock National Municipal, which you can use to evaluate the volatility of the entity. Please confirm Blackrock National's risk adjusted performance of (0), and Mean Deviation of 0.0885 to double-check if the risk estimate we provide is consistent with the expected return of 0.0081%.
Blackrock Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackrock |
Sharpe Ratio = 0.0622
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MDNLX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Blackrock National is performing at about 4% of its full potential. 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 Blackrock National by adding it to a well-diversified portfolio.
Blackrock National Valuation on February 16, 2024
It is possible to determine the worth of Blackrock National on a given historical date. On February 16, 2024 Blackrock was worth 10.14 at the beginning of the trading date compared to the closed value of 10.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackrock National mutual fund. Still, in general, we apply an absolute valuation method to find Blackrock National's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blackrock National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackrock National's related companies.
| Open | High | Low | Close | Volume | |
| 10.15 | 10.15 | 10.07 | 10.07 | 1.00 | |
02/16/2024 | 10.14 | 10.14 | 10.06 | 10.06 | 1.00 |
| 10.14 | 10.14 | 10.06 | 10.06 | 1.00 |
| Backtest Blackrock National | | | Blackrock National History | | | Blackrock National Valuation | Previous | Next |
Blackrock National Trading Date Momentum on February 16, 2024
| On February 20 2024 Blackrock National Municipal was traded for 10.06 at the closing time. The highest daily price throughout the period was 10.14 and the lowest price was 10.06 . There was no trading activity during the period 1.0. Lack of trading volume on 02/20/2024 did not affect price variability. The overall trading delta to current closing price is 0.89% . |
Blackrock National Fundamentals Correlations and Trends
By evaluating Blackrock National's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blackrock National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blackrock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blackrock National Mutual Fund history
Blackrock National investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blackrock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blackrock National will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blackrock National stock prices may prove useful in developing a viable investing in Blackrock National
The fund seeks to achieve its objective by investing at least 80 percent of its assets in municipal bonds. Although the advisor intends to invest at least 65 percent of the funds net assets in municipal bonds rated investment grade or in unrated municipal bonds that fund management believes are of comparable quality, it is possible that in the future the fund could invest up to 100 percent of its assets in junk bonds. It will primarily invest in municipal bonds that have a maturity of five years or longer.
Blackrock National Mutual Fund Technical Analysis
Blackrock National technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Blackrock National Period Price Range
Low | February 16, 2024
| High |
10.14 | 10.06 |
Blackrock National May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackrock National mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackrock National shares will generate the highest return on investment. By undertsting and applying Blackrock National mutual fund market strength indicators, traders can identify Blackrock National Municipal entry and exit signals to maximize returns
Blackrock National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackrock National's price direction in advance. Along with the technical and fundamental analysis of Blackrock Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blackrock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.64) | |||
| Treynor Ratio | (0.08) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blackrock National Municipal. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.