BlackRock MuniYield Variance
| MYD Fund | | | USD 10.77 0.00 0.00% |
BlackRock MuniYield variance lookup summarizes this and related technical indicators for BlackRock Muniyield. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. BlackRock MuniYield has a market cap of 545.21 M, operating margin of 85.67%, ROE of -14.25%. Use
Correlation Analysis to explore allocation context. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in small area income & poverty estimates.
BlackRock Muniyield has current Variance of 0.2297. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.2297 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
BlackRock MuniYield Variance Peers Comparison
BlackRock Variance Relative To Other Indicators
BlackRock Muniyield is rated
below average for variance versus comparable funds. It is currently under evaluation for maximum drawdown versus comparable funds with a Maximum Drawdown-to-Variance ratio near
10.49 . The Maximum Drawdown to Variance ratio for BlackRock Muniyield comes in at
10.49 Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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.