Blackrock Municipal Income Stock Price on October 10, 2024
BFK Stock | USD 10.45 0.10 0.97% |
Below is the normalized historical share price chart for BlackRock Municipal Income extending back to July 27, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BlackRock Municipal stands at 10.45, as last reported on the 2nd of December, with the highest price reaching 10.45 and the lowest price hitting 10.39 during the day.
If you're considering investing in BlackRock Stock, it is important to understand the factors that can impact its price. As of now, BlackRock Stock is very steady. BlackRock Municipal secures Sharpe Ratio (or Efficiency) of 0.0272, which signifies that the company had a 0.0272% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for BlackRock Municipal Income, which you can use to evaluate the volatility of the firm. Please confirm BlackRock Municipal's risk adjusted performance of 0.0205, and Mean Deviation of 0.4036 to double-check if the risk estimate we provide is consistent with the expected return of 0.015%.
At this time, BlackRock Municipal's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 45 M this year, although the value of Common Stock Total Equity will most likely fall to about 371.6 M. . At this time, BlackRock Municipal's Price Book Value Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 0.86 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 4.20. BlackRock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of July 2001 | 200 Day MA 10.268 | 50 Day MA 10.383 | Beta 0.648 |
BlackRock |
Sharpe Ratio = 0.0272
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | BFK |
Estimated Market Risk
0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average BlackRock Municipal is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BlackRock Municipal by adding it to a well-diversified portfolio.
Price Book 0.9144 | Price Sales 12.8594 | Dividend Share 0.411 | Earnings Share 0.29 | Shares Short 23.1 K |
BlackRock Municipal Main Headline on 10th of October 2024
Disposition of 2500 shares by Bank Of America Corp de of Bla... by Bank Of America Corp /de/
Filed transaction by BlackRock Municipal Income 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
BlackRock Municipal Valuation on October 10, 2024
It is possible to determine the worth of BlackRock Municipal on a given historical date. On October 10, 2024 BlackRock was worth 10.51 at the beginning of the trading date compared to the closed value of 10.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlackRock Municipal stock. Still, in general, we apply an absolute valuation method to find BlackRock Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BlackRock Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlackRock Municipal's related companies.
Open | High | Low | Close | Volume | |
10.45 | 10.57 | 10.45 | 10.48 | 137,991 | |
10/10/2024 | 10.51 | 10.53 | 10.48 | 10.50 | 45,597 |
10.52 | 10.53 | 10.51 | 10.51 | 39,535 |
Backtest BlackRock Municipal | | | BlackRock Municipal History | | | BlackRock Municipal Valuation | Previous | Next |
BlackRock Municipal Trading Date Momentum on October 10, 2024
On October 11 2024 BlackRock Municipal Income was traded for 10.51 at the closing time. Highest BlackRock Municipal's price during the trading hours was 10.53 and the lowest price during the day was 10.51 . The net volume was 39.5 K. The overall trading history on the 11th of October 2024 contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.10% . The overall trading delta to current price is 0.19% . |
BlackRock Municipal Fundamentals Correlations and Trends
By evaluating BlackRock Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BlackRock Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BlackRock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BlackRock Municipal Stock history
BlackRock Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BlackRock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BlackRock Municipal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BlackRock Municipal stock prices may prove useful in developing a viable investing in BlackRock Municipal
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 43.9 M | 45 M | |
Net Income Applicable To Common Shares | 8.1 M | 8.5 M |
BlackRock Municipal Stock Technical Analysis
BlackRock Municipal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
BlackRock Municipal Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
BlackRock Municipal Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BlackRock Municipal December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how BlackRock Municipal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BlackRock Municipal shares will generate the highest return on investment. By undertsting and applying BlackRock Municipal stock market strength indicators, traders can identify BlackRock Municipal Income entry and exit signals to maximize returns
BlackRock Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BlackRock Municipal's price direction in advance. Along with the technical and fundamental analysis of BlackRock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BlackRock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0205 | |||
Jensen Alpha | 0.0019 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.20) | |||
Treynor Ratio | 0.1723 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock Municipal. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.575 | Dividend Share 0.411 | Earnings Share 0.29 | Revenue Per Share 0.813 | Quarterly Revenue Growth 0.007 |
The market value of BlackRock Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect BlackRock Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Municipal'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.