BlackRock ETF Financials
| TEK Etf | 26.40 0.03 0.11% |
BlackRock |
The data published in BlackRock ETF's official financial statements typically reflect BlackRock ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving BlackRock ETF's quantitative information. For example, before you start analyzing numbers published by BlackRock accountants, it's essential to understand BlackRock ETF's liquidity, profitability, and earnings quality within the context of the Technology space in which it operates.
BlackRock ETF Etf Summary
BlackRock ETF competes with Ultimus Managers, American Beacon, First Trust, Direxion Daily, and EA Series. BlackRock ETF is entity of United States. It is traded as Etf on NYSE exchange.| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| CUSIP | 09290C772 |
| Region | Global |
| Investment Issuer | iShares |
| Fund Category | Sector |
| Portfolio Concentration | Information Technology |
| Benchmark | Dow Jones Industrial |
BlackRock ETF Key Financial Ratios
BlackRock Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BlackRock ETF's current stock value. Our valuation model uses many indicators to compare BlackRock ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BlackRock ETF competition to find correlations between indicators driving BlackRock ETF's intrinsic value. More Info.BlackRock ETF Trust is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for BlackRock ETF Trust is roughly 11.10 . Comparative valuation analysis is a catch-all technique that is used if you cannot value BlackRock ETF 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.BlackRock ETF Trust Systematic Risk
BlackRock ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BlackRock ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on BlackRock ETF Trust correlated with the market. If Beta is less than 0 BlackRock ETF generally moves in the opposite direction as compared to the market. If BlackRock ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BlackRock ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BlackRock ETF is generally in the same direction as the market. If Beta > 1 BlackRock ETF moves generally in the same direction as, but more than the movement of the benchmark.
BlackRock ETF Thematic Clasifications
BlackRock ETF Trust is part of several thematic ideas from Sector ETFs to Information Technology ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasBlackRock ETF February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BlackRock ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BlackRock ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of BlackRock ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing BlackRock Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BlackRock ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0018 | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 2.45 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in BlackRock ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy BlackRock Etf please use our How to buy in BlackRock Etf guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of BlackRock ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is BlackRock ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock ETF's market value can be influenced by many factors that don't directly affect BlackRock ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.