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BlackRock 2022 Globalome Opportunity (BlackRock 2022 Globalome Opportunity) GF Value Rank : 0 (As of May. 26, 2024)


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What is BlackRock 2022 Globalome Opportunity GF Value Rank?

BlackRock 2022 Globalome Opportunity has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


BlackRock 2022 Globalome Opportunity GF Value Rank Related Terms

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BlackRock 2022 Globalome Opportunity (BlackRock 2022 Globalome Opportunity) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock 2022 Global Income Opportunity is a closed-end management investment company. Its objective is high current income and its secondary objective is and to earn a total return. The fund's portfolio is allocated under various division which includes Corporate Bonds, Asset-Backed Securities, Foreign Agency Obligations, Non-Agency Mortgage-Backed Securities, Floating Rate Loan Interests, Capital trust, and others.
Executives
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Richard M Rieder other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Wuertz other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Trevor Slaven other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Jacob Caplain other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10055
Amer Bisat other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10105
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Martin Hegarty other: Portfolio Manager 55 EAST 52ND STREET NEW YORK NY 10105
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

BlackRock 2022 Globalome Opportunity (BlackRock 2022 Globalome Opportunity) Headlines

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