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MAGRX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$28.67
Change
+$0.23 (+0.81%)
Net Assets
148.13M

MAGRX BlackRock Natural Resources Instl Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), BHP Group Limited (NYSE:BHP), Freeport-McMoran (NYSE:FCX), Wheaton Precious Metals Corp (NYSE:WPM).

Industry description

The investment seeks long-term growth of capital and to protect the purchasing power of shareholders' capital. The fund invests primarily in equity securities of companies with substantial natural resource assets. It will invest at least 80% of its assets in companies with substantial natural resource assets or in securities the value of which is related to the market value of some natural resource asset. The fund normally invests in a portfolio consisting of companies in a variety of natural resource related sectors, such as energy, chemicals, oil, gas, paper, mining, steel or agricultural products.

Market Cap

The average market capitalization across the BlackRock Natural Resources Instl MF is 148.59B. The market cap for tickers in the group ranges from 16.92B to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is PKG at 16.92B.

Volume

The average weekly volume growth across all stocks in the BlackRock Natural Resources Instl MF was 123%. For the same stocks of the MF, the average monthly volume growth was 173% and the average quarterly volume growth was -4%

Fundamental Analysis Ratings

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

Valuation Rating: 53
P/E Growth Rating: 41
Price Growth Rating: 66
SMR Rating: 71
Profit Risk Rating: 30
Seasonality Score: 37 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category NaturalResources

Profile
Fundamentals
Details
Category
Natural Resources
Address
Blackrock Natural Resources Trust100 Bellevue ParkwayWilmington
Phone
N/A
Web
www.blackrock.com
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MAGRX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MAGRX has been closely correlated with PGNAX. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if MAGRX jumps, then PGNAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MAGRX
1D Price
Change %
MAGRX100%
+0.81%
PGNAX - MAGRX
92%
Closely correlated
+1.17%
FRNRX - MAGRX
92%
Closely correlated
+1.18%
PRNEX - MAGRX
87%
Closely correlated
+0.69%
TRNEX - MAGRX
87%
Closely correlated
+0.72%
GEACX - MAGRX
86%
Closely correlated
+0.87%
More