MYI (BLACKROCK MUNIYIELD QUALITY FUND III,) Valuation Rank


MYI BLACKROCK MUNIYIELD QUALITY FUND III, INC. MYI
36 GF Score
Price $11.06
! 4 Warning Signs
View Full Analysis

What is BLACKROCK MUNIYIELD QUALITY FUND III, Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

BLACKROCK MUNIYIELD QUALITY FUND III, Valuation Rank Related Terms

MYI
36GF Score
BLACKROCK MUNIYIELD QUALITY FUND III, INC. MYI
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BLACKROCK MUNIYIELD QUALITY FUND III, Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is an investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes, as is consistent with its investment policies and prudent investment management. The fund invests a majority of its assets in municipal obligations exempt from U.S. federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax). Under normal market conditions, the fund invests mainly in long-term municipal obligations that are investment-grade quality or are considered by the adviser to be of comparable quality at the time of investment. It can also invest directly in such securities or synthetically through the use of derivatives.
36GF Score

Get the complete analysis for MYI

Valuation Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.06
Price