Blackrock New York Fund Beta
Blackrock New York fundamentals help investors to digest information that contributes to Blackrock New's financial success or failures. It also enables traders to predict the movement of Blackrock Fund. The fundamental analysis module provides a way to measure Blackrock New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blackrock New fund.
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Blackrock New York Fund Beta Analysis
Blackrock New's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Blackrock New Beta | 0.22 |
Most of Blackrock New's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackrock New York is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionBlackrock New Beta Component Assessment
In accordance with the recently published financial statements, Blackrock New York has a Beta of 0.22. This is 73.17% lower than that of the Financial Services family and 81.97% lower than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
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As returns on the market increase, Blackrock New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackrock New is expected to be smaller as well.
Blackrock Fundamentals
| Return On Equity | 12.69 | |||
| Return On Asset | 1.8 | |||
| Profit Margin | 199.24 % | |||
| Operating Margin | 76.04 % | |||
| Current Valuation | 74.37 M | |||
| Shares Outstanding | 2.8 M | |||
| Shares Owned By Insiders | 0.08 % | |||
| Shares Owned By Institutions | 28.99 % | |||
| Number Of Shares Shorted | 6.88 K | |||
| Price To Earning | 7.64 X | |||
| Price To Book | 0.93 X | |||
| Price To Sales | 15.22 X | |||
| Revenue | 2.87 M | |||
| Gross Profit | 2.89 M | |||
| Net Income | 5.73 M | |||
| Cash And Equivalents | 1.16 K | |||
| Total Debt | 30.64 M | |||
| Debt To Equity | 0.65 % | |||
| Current Ratio | 0.21 X | |||
| Book Value Per Share | 16.85 X | |||
| Cash Flow From Operations | 827.79 K | |||
| Short Ratio | 2.97 X | |||
| Earnings Per Share | 2.05 X | |||
| Number Of Employees | 20 | |||
| Beta | 0.22 | |||
| Market Capitalization | 43.74 M | |||
| Z Score | 0.6 | |||
| Five Year Return | 4.57 % | |||
| Last Dividend Paid | 0.64 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Blackrock Fund
If you are still planning to invest in Blackrock New York check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Blackrock New's history and understand the potential risks before investing.
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