Notable companies
The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Splunk (NASDAQ:SPLK).
Industry description
The investment seeks long-term capital growth.
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and related derivative instruments with similar economic characteristics. The manager seeks to achieve its investment objective by employing an event driven strategy, primarily investing in companies that have announced a material change or in companies that BlackRock expects to undergo a material change.
Market Cap
The average market capitalization across the BlackRock Event Driven Equity Instl MF is 218.54B. The market cap for tickers in the group ranges from 12.6B to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is KRTX at 12.6B.
Volume
The average weekly volume growth across all stocks in the BlackRock Event Driven Equity Instl MF was -43%. For the same stocks of the MF, the average monthly volume growth was -43% and the average quarterly volume growth was -20%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 85
P/E Growth Rating: 43
Price Growth Rating: 35
SMR Rating: 51
Profit Risk Rating: 13
Seasonality Score: 0 (-100 ... +100)