BlackRock Competitors
| TCPC Stock | USD 4.09 0.42 9.31% |
BlackRock TCP vs Crescent Capital Correlation
Poor diversification
The correlation between BlackRock TCP Capital and CCAP is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BlackRock TCP Capital and CCAP in the same portfolio, assuming nothing else is changed.
Moving together with BlackRock Stock
Moving against BlackRock Stock
| 0.83 | HHI | Henderson High Income | PairCorr |
| 0.81 | RA | Brookfield Real Assets | PairCorr |
| 0.78 | VCTR | Victory Capital Holdings | PairCorr |
| 0.75 | FT | Franklin Universal Closed | PairCorr |
| 0.75 | MNG | MG Plc | PairCorr |
BlackRock TCP Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BlackRock TCP and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of BlackRock and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of BlackRock TCP Capital does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between BlackRock Stock performing well and BlackRock TCP Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BlackRock TCP's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CION | 1.11 | (0.29) | 0.00 | (0.27) | 0.00 | 1.53 | 5.26 | |||
| PNNT | 1.29 | (0.34) | 0.00 | (0.45) | 0.00 | 2.15 | 10.16 | |||
| HQL | 0.86 | (0.01) | (0.04) | 0.07 | 1.07 | 1.80 | 5.46 | |||
| GLAD | 1.06 | (0.20) | 0.00 | (0.16) | 0.00 | 2.04 | 8.85 | |||
| GAIN | 0.68 | (0.01) | (0.07) | 0.05 | 0.81 | 1.48 | 3.49 | |||
| ECC | 1.89 | (0.43) | 0.00 | (0.59) | 0.00 | 3.33 | 12.05 | |||
| CNCK | 8.78 | 0.91 | 0.08 | (3.53) | 9.79 | 16.07 | 169.72 | |||
| MCI | 0.90 | (0.01) | (0.06) | 0.05 | 1.02 | 2.25 | 4.78 | |||
| CCAP | 1.14 | (0.16) | 0.00 | (0.10) | 0.00 | 2.36 | 5.17 |
Cross Equities Net Income Analysis
Compare BlackRock TCP Capital and related stocks such as Cion Investment Corp, PennantPark Investment, and Tekla Life Sciences Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CION | 25 K | 25 K | 25 K | 6.1 M | 16.3 M | (1.4 M) | 119.7 M | 85.9 M | 31.3 M | 51.8 M | (11 M) | 118.8 M | 50.1 M | 95.3 M | 33.9 M | 39 M | 50.5 M |
| PNNT | (16.7 M) | 63.4 M | 91.8 M | 111 M | (10.2 M) | 18.7 M | 61.7 M | 47.7 M | 15.9 M | (16 M) | 166.6 M | (24.7 M) | (33.8 M) | 48.9 M | 32.7 M | 37.6 M | 33.5 M |
| HQL | 21.8 M | 77.6 M | 84.6 M | 89.3 M | 40.5 M | (11.9 M) | 68.6 M | 28.7 M | (70.5 M) | 123.1 M | 64.5 M | (104.6 M) | 22.4 M | 85.3 M | 85.6 M | 98.4 M | 103.4 M |
| GLAD | (92.6 K) | (8 M) | 32.2 M | 11.2 M | 8.5 M | 11.4 M | 17.2 M | 18.6 M | 19.9 M | (1.9 M) | 84.3 M | 19.9 M | 42.7 M | 94.7 M | 58.1 M | 66.8 M | 70.2 M |
| GAIN | 6.1 M | 22 M | 17.3 M | (1.3 M) | 50.2 M | 24.9 M | 44.8 M | 60.7 M | 81.6 M | (17.5 M) | 44.8 M | 105.5 M | 35.5 M | 85.3 M | 65.3 M | 75.1 M | 78.9 M |
| ECC | 8.3 M | 8.3 M | 8.3 M | 8.3 M | 8.3 M | (41 M) | 91 M | 31.1 M | (54.8 M) | (8.7 M) | 60.9 M | 131.9 M | (101.8 M) | 118.8 M | 80.3 M | 92.4 M | 97 M |
| CNCK | (247) | (247) | (247) | (16.8 K) | (27.1 K) | 140 M | 140 M | 140 M | 140 M | 140 M | 10.2 B | 9.8 B | (559 M) | 2 B | (14.3 B) | (12.9 B) | (12.3 B) |
| MCI | 35.4 M | 37.7 M | 37.7 M | 32.2 M | 32.8 M | 17.3 M | 27.2 M | 43.6 M | 9.6 M | 39 M | 15.3 M | 52.8 M | 14.3 M | 37 M | 35.6 M | 40.9 M | 29.2 M |
| CCAP | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | (2.2 M) | 11.8 M | 9.1 M | 8.1 M | 29.3 M | 54.7 M | 83.6 M | 15.5 M | 83.8 M | 73.6 M | 66.9 B | 70.3 B |
BlackRock TCP Capital and related stocks such as Cion Investment Corp, PennantPark Investment, and Tekla Life Sciences Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in BlackRock TCP Capital financial statement analysis. It represents the amount of money remaining after all of BlackRock TCP Capital operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.BlackRock TCP Competitive Analysis
The better you understand BlackRock TCP competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BlackRock TCP's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across BlackRock TCP's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
BlackRock TCP Competition Performance Charts
Five steps to successful analysis of BlackRock TCP Competition
BlackRock TCP's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by BlackRock TCP Capital in relation to its competition. BlackRock TCP's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of BlackRock TCP in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact BlackRock TCP's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BlackRock TCP Capital, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out BlackRock TCP Correlation with its peers. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Will Asset Management & Custody Banks sector continue expanding? Could BlackRock diversify its offerings? Factors like these will boost the valuation of BlackRock TCP. If investors know BlackRock will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every BlackRock TCP data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.134 | Dividend Share 1.09 | Earnings Share (0.12) | Revenue Per Share | Quarterly Revenue Growth (0.29) |
The market value of BlackRock TCP Capital is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock TCP's value that differs from its market value or its book value, called intrinsic value, which is BlackRock TCP's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because BlackRock TCP's market value can be influenced by many factors that don't directly affect BlackRock TCP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock TCP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock TCP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, BlackRock TCP's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.