BlackRock Energy Financial Statements From 2010 to 2024
| BGR Etf | USD 13.70 0.20 1.48% |
Gross Profit 16 M | Profit Margin 4 | Market Capitalization 361.4 M | Enterprise Value Revenue 6.5654 | Revenue 13.7 M |
Check BlackRock Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . BlackRock financial statements analysis is a perfect complement when working with BlackRock Energy Valuation or Volatility modules.
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BlackRock Energy and ETF Beta Analysis
BlackRock Energy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current BlackRock Energy Beta | 1.01 |
Most of BlackRock Energy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BlackRock Energy and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, BlackRock Energy and has a Beta of 1.015. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The beta for all United States etfs is notably lower than that of the firm.
BlackRock Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BlackRock Energy's current stock value. Our valuation model uses many indicators to compare BlackRock Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BlackRock Energy competition to find correlations between indicators driving BlackRock Energy's intrinsic value. More Info.BlackRock Energy and is rated below average in price to earning as compared to similar ETFs. It is fourth largest ETF in price to book as compared to similar ETFs fabricating about 0.20 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for BlackRock Energy and is roughly 5.12 . Comparative valuation analysis is a catch-all technique that is used if you cannot value BlackRock Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About BlackRock Energy Financial Statements
BlackRock Energy shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although BlackRock Energy investors may analyze each financial statement separately, they are all interrelated. The changes in BlackRock Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on BlackRock Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. Blackrock Energy is traded on New York Stock Exchange in the United States.
Pair Trading with BlackRock Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with BlackRock Etf
Moving against BlackRock Etf
| 0.62 | PT | Pintec Technology | PairCorr |
| 0.62 | WU | Western Union | PairCorr |
| 0.57 | XP | Xp Inc | PairCorr |
| 0.38 | RM | Regional Management Corp | PairCorr |
| 0.37 | RC | Ready Capital Corp | PairCorr |
The ability to find closely correlated positions to BlackRock Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock Energy and to buy it.
The correlation of BlackRock Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BlackRock Etf
BlackRock Energy financial ratios help investors to determine whether BlackRock Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BlackRock with respect to the benefits of owning BlackRock Energy security.