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BABSX BlackRock Global Equity Abs Rtn Instl Forecast, Technical & Fundamental Analysis

Category LongShort
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Mastercard (NYSE:MA).

Industry description

The investment seeks total return over the long-term. The fund seeks to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities and derivatives with similar economic characteristics. It will allocate its assets among various regions and countries, including the United States (but in no fewer than three different countries). The fund may also pursue its investment objective by taking short positions in a variety of equity instruments. It is non-diversified.

Market Cap

The average market capitalization across the BlackRock Global Equity Abs Rtn Instl MF is 408.2B. The market cap for tickers in the group ranges from 3.14B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is CNR at 3.14B.

Volume

The average weekly volume growth across all stocks in the BlackRock Global Equity Abs Rtn Instl MF was -16%. For the same stocks of the MF, the average monthly volume growth was -27% and the average quarterly volume growth was -28%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 68
P/E Growth Rating: 53
Price Growth Rating: 38
SMR Rating: 57
Profit Risk Rating: 45
Seasonality Score: -7 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
BlackRock Capital Appreciation Fund, Inc.100 BELLEVUE PARKWAYWILMINGTON
Phone
800-441-7762
Web
www.blackrock.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
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Voya Multi-Manager Emerging Markets Eq W
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American Century Equity Income Inv
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BABSX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, BABSX has been loosely correlated with REMIX. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if BABSX jumps, then REMIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BABSX
1D Price
Change %
BABSX100%
-0.34%
REMIX - BABSX
42%
Loosely correlated
-0.93%
DHLSX - BABSX
40%
Loosely correlated
-0.34%
GARIX - BABSX
39%
Loosely correlated
-0.91%
DIAMX - BABSX
31%
Poorly correlated
-0.35%
DIAYX - BABSX
30%
Poorly correlated
-0.33%
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