Blackrock Stock Price on October 24, 2024

BLK Stock  USD 1,036  8.46  0.82%   
Below is the normalized historical share price chart for BlackRock extending back to October 01, 1999. 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 stands at 1,036, as last reported on the 24th of November, with the highest price reaching 1,042 and the lowest price hitting 1,028 during the day.
IPO Date
1st of October 1999
200 Day MA
855.8909
50 Day MA
984.1136
Beta
1.311
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in BlackRock Stock, it is important to understand the factors that can impact its price. BlackRock appears to be very steady, given 3 months investment horizon. BlackRock secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for BlackRock, which you can use to evaluate the volatility of the firm. Please makes use of BlackRock's mean deviation of 0.8376, and Risk Adjusted Performance of 0.206 to double-check if our risk estimates are consistent with your expectations.
  
At this time, BlackRock's Other Stockholder Equity is quite stable compared to the past year. Stock Based Compensation To Revenue is expected to rise to 0.05 this year, although the value of Total Stockholder Equity will most likely fall to about 21.1 B. . At this time, BlackRock's Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 3.58 this year, although the value of Price To Free Cash Flows Ratio will most likely fall to 18.99. BlackRock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2426

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Estimated Market Risk

 1.08
  actual daily
9
91% of assets are more volatile

Expected Return

 0.26
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
19
81% of assets perform better
Based on monthly moving average BlackRock is performing at about 19% 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 by adding it to a well-diversified portfolio.
Price Book
3.8285
Enterprise Value Ebitda
18.0415
Price Sales
7.9298
Shares Float
154.9 M
Dividend Share
5

Related Headline

Brookfield Asset Headline on 24th of October 2024

Filed transaction by Brookfield Asset Management 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

BlackRock Valuation on October 24, 2024

It is possible to determine the worth of BlackRock on a given historical date. On October 24, 2024 BlackRock was worth 991.04 at the beginning of the trading date compared to the closed value of 984.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlackRock stock. Still, in general, we apply an absolute valuation method to find BlackRock'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlackRock's related companies.
 Open High Low Close Volume
  997.05    1,009    982.67    988.16    441,443  
10/24/2024
  991.04    992.03    983.23    984.00    353,664  
  987.35    987.35    968.95    974.07    433,591  
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Open Value
991.04
987.81
Downside
984.0
Closing Value
994.27
Upside

BlackRock Trading Date Momentum on October 24, 2024

On October 25 2024 BlackRock was traded for  974.07  at the closing time. Highest BlackRock's price during the trading hours was 987.35  and the lowest price during the day was  968.95 . The net volume was 433.6 K. The overall trading history on the 25th of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.01% . The overall trading delta to current price is 0.49% .

BlackRock Fundamentals Correlations and Trends

By evaluating BlackRock'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'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 Stock history

BlackRock 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 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 stock prices may prove useful in developing a viable investing in BlackRock
Last ReportedProjected for Next Year
Common Stock Shares Outstanding150.7 M141.1 M
Net Income Applicable To Common SharesB6.3 B

BlackRock Quarterly Net Working Capital

19.94 Billion

BlackRock Stock Technical Analysis

BlackRock 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.
A focus of BlackRock technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BlackRock trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

BlackRock Period Price Range

Low
November 24, 2024
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High

 0.00 

     

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BlackRock 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 November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how BlackRock 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 shares will generate the highest return on investment. By undertsting and applying BlackRock stock market strength indicators, traders can identify BlackRock entry and exit signals to maximize returns

BlackRock Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BlackRock'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.
When determining whether BlackRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Stock. Highlighted below are key reports to facilitate an investment decision about Blackrock Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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. 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 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
0.023
Dividend Share
5
Earnings Share
40.32
Revenue Per Share
130.415
Quarterly Revenue Growth
0.149
The market value of BlackRock 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's value that differs from its market value or its book value, called intrinsic value, which is BlackRock'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's market value can be influenced by many factors that don't directly affect BlackRock'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock'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.