Block (Australia) Price on December 7, 2023
| SQ2 Stock | 142.25 3.01 2.16% |
If you're considering investing in Block Stock, it is important to understand the factors that can impact its price. As of today, the current price of Block stands at 142.25, as last reported on the 24th of November, with the highest price reaching 143.95 and the lowest price hitting 142.25 during the day. Block appears to be very steady, given 3 months investment horizon. Block Inc secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. By analyzing Block's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Block's Downside Deviation of 1.82, risk adjusted performance of 0.1984, and Mean Deviation of 1.88 to double-check if our risk estimates are consistent with your expectations.
At this time, Block's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 35.8 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 634.5 M in 2024. . Block Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Block |
Sharpe Ratio = 0.2456
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SQ2 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Block 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 Block by adding it to a well-diversified portfolio.
Price Book 2.8813 | Enterprise Value Ebitda 27.8973 | Price Sales 3.6988 | Shares Float 556.2 M | Wall Street Target Price 120.642 |
Block Valuation on December 7, 2023
It is possible to determine the worth of Block on a given historical date. On December 7, 2023 Block was worth 103.22 at the beginning of the trading date compared to the closed value of 103.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Block stock. Still, in general, we apply an absolute valuation method to find Block'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 Block where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Block's related companies.
| Open | High | Low | Close | Volume | |
| 99.00 | 99.93 | 98.65 | 99.45 | 143,839 | |
12/07/2023 | 103.22 | 103.67 | 102.95 | 103.62 | 220,154 |
| 103.19 | 103.62 | 102.66 | 102.66 | 147,944 |
| Backtest Block | | | Block History | | | Block Valuation | Previous | Next |
Block Trading Date Momentum on December 7, 2023
| On December 08 2023 Block Inc was traded for 102.66 at the closing time. The maximum traded price for the trading interval was 103.62 and the lowest daily price was 102.66 . The daily volume was recorded at 147.9 K. The volume of trading on 8th of December 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.93% . The overall trading delta to the closing price today is 6.94% . |
Block Inc Fundamentals Correlations and Trends
By evaluating Block'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 Block's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Block financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Block Stock history
Block 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 Block is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Block Inc 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 Block stock prices may prove useful in developing a viable investing in Block
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 614 M | 453.8 M | |
| Net Loss | -486.7 M | -462.3 M |
Block Quarterly Net Working Capital |
|
Block Stock Technical Analysis
Block 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
Block Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Block Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Block November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Block stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Block shares will generate the highest return on investment. By undertsting and applying Block stock market strength indicators, traders can identify Block Inc entry and exit signals to maximize returns
Block Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Block's price direction in advance. Along with the technical and fundamental analysis of Block Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Block 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 | 0.1984 | |||
| Jensen Alpha | 0.6008 | |||
| Total Risk Alpha | 0.2196 | |||
| Sortino Ratio | 0.2705 | |||
| Treynor Ratio | 6.69 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Block Stock Analysis
When running Block's price analysis, check to measure Block's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.