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Blackrock CA Muni 2018 Term Trust (Blackrock CA Muni 2018 Term Trust) Momentum Rank : 0 (As of Apr. 26, 2024)


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What is Blackrock CA Muni 2018 Term Trust Momentum Rank?

Blackrock CA Muni 2018 Term Trust has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

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

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Blackrock CA Muni 2018 Term Trust (Blackrock CA Muni 2018 Term Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock CA Muni 2018 Term Trust (NYSE:BJZ) » Definitions » Momentum Rank
Comparable Companies
BOM:503681 BOM:501386 BOM:512153 BOM:512511 BOM:512261 BOM:504390 BOM:512591 BOM:512221 BOM:530469 XBRA:1ZIM01AE BOM:526251 BOM:532164 BOM:511185 BOM:501178 BOM:501111 BOM:511660 BOM:511403 BOM:505539 BOM:530917 BOM:511427
Traded in Other Exchanges
N/A
Address
Website
https://www.blackrock.com
Blackrock CA Muni 2018 Term Trust is a closed-end fund. Its investment objective is to provide current income exempt from regular U.S. federal and California income taxes.
Executives
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
John F Powers director 40 EAST 52ND STREET, NEW YORK NY 10022
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Paul Audet director C/O BLACKROCK FINANCIAL MANAGEMENT, 40 EAST 52ND STREET, NEW YORK NY 10022
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock CA Muni 2018 Term Trust (Blackrock CA Muni 2018 Term Trust) Headlines

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