Blackrock Municipal Income Stock Price on May 2, 2024
| BYM Stock | USD 11.60 0.12 1.05% |
Below is the normalized historical share price chart for BlackRock Municipal Income extending back to October 29, 2002. 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 11.60, as last reported on the 29th of November, with the highest price reaching 11.63 and the lowest price hitting 11.46 during the day.
If you're considering investing in BlackRock Stock, it is important to understand the factors that can impact its price. BlackRock Municipal secures Sharpe Ratio (or Efficiency) of -0.0325, which signifies that the company had a -0.0325% return per unit of standard deviation over the last 3 months. BlackRock Municipal Income exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock Municipal's risk adjusted performance of (0.05), and Mean Deviation of 0.3828 to double-check the risk estimate we provide.
At this time, BlackRock Municipal's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 497.6 M, while Common Stock is likely to drop about 315.4 M. . At this time, BlackRock Municipal's Price Cash Flow Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Sales Ratio is likely to grow to 14.91, while Price Earnings Ratio is likely to drop 15.07. BlackRock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of October 2002 | 200 Day MA 11.5385 | 50 Day MA 11.6926 | Beta 0.613 |
BlackRock |
Sharpe Ratio = -0.0325
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| Negative Returns | BYM |
Estimated Market Risk
| 0.5 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 | 0 Most of other assets perform better |
Based on monthly moving average BlackRock Municipal is not performing at its full potential. However, 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 BlackRock Municipal to a well-diversified portfolio.
Price Book 0.9143 | Price Sales 13.2749 | Dividend Share 0.572 | Earnings Share 0.53 | Shares Short 23.3 K |
BlackRock Municipal Valuation on May 2, 2024
It is possible to determine the worth of BlackRock Municipal on a given historical date. On May 2, 2024 BlackRock was worth 10.59 at the beginning of the trading date compared to the closed value of 10.62. 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 | |
| 10.54 | 10.62 | 10.54 | 10.60 | 76,205 | |
05/02/2024 | 10.59 | 10.62 | 10.55 | 10.62 | 66,118 |
| 10.67 | 10.72 | 10.67 | 10.71 | 67,022 |
| Backtest BlackRock Municipal | | | BlackRock Municipal History | | | BlackRock Municipal Valuation | Previous | Next |
BlackRock Municipal Trading Date Momentum on May 2, 2024
| On May 03 2024 BlackRock Municipal Income was traded for 10.71 at the closing time. Highest BlackRock Municipal's price during the trading hours was 10.72 and the lowest price during the day was 10.67 . The net volume was 67 K. The overall trading history on the 3rd of May contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.85% . The overall trading delta to current price is 2.64% . |
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 | 25.9 M | 19.4 M | |
| Net Loss | -7.9 M | -7.5 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 | November 29, 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 November 29, 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 | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.77) |
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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 manufacturing. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 (0.33) | Dividend Share 0.572 | Earnings Share 0.53 | Revenue Per Share 0.874 | Quarterly Revenue Growth (0.01) |
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.