Blackrock Innovation Growth Stock Market Value
| BIGZ Stock | USD 7.97 0.11 1.40% |
| Symbol | Blackrock |
Blackrock Innovation Price To Book Ratio
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 Innovation. 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 Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.89 |
The market value of Blackrock Innovation 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 Innovation's value that differs from its market value or its book value, called intrinsic value, which is Blackrock Innovation'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 Innovation's market value can be influenced by many factors that don't directly affect Blackrock Innovation'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 Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Innovation'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.
Blackrock Innovation 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Blackrock Innovation's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Blackrock Innovation.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Blackrock Innovation on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Blackrock Innovation Growth or generate 0.0% return on investment in Blackrock Innovation over 30 days. Blackrock Innovation is related to or competes with BlackRock Science, Virtus Allianzgi, BlackRock Capital, BlackRock Health, BlackRock Health, Blackrock Resources, and Allianzgi Diversified. Blackrock Innovation Growth Trust is a mutual fund launched by BlackRock, Inc More
Blackrock Innovation Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Blackrock Innovation's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Blackrock Innovation Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0513 | |||
| Maximum Drawdown | 5.15 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.75 |
Blackrock Innovation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackrock Innovation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackrock Innovation's standard deviation. In reality, there are many statistical measures that can use Blackrock Innovation historical prices to predict the future Blackrock Innovation's volatility.| Risk Adjusted Performance | 0.1349 | |||
| Jensen Alpha | 0.0506 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.0437 | |||
| Treynor Ratio | 0.1677 |
Blackrock Innovation Backtested Returns
Blackrock Innovation appears to be not too volatile, given 3 months investment horizon. Blackrock Innovation secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackrock Innovation Growth, which you can use to evaluate the volatility of the firm. Please makes use of Blackrock Innovation's mean deviation of 0.8406, and Risk Adjusted Performance of 0.1349 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blackrock Innovation holds a performance score of 14. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Blackrock Innovation returns are very sensitive to returns on the market. As the market goes up or down, Blackrock Innovation is expected to follow. Please check Blackrock Innovation's value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether Blackrock Innovation's price patterns will revert.
Auto-correlation | 0.88 |
Very good predictability
Blackrock Innovation Growth has very good predictability. Overlapping area represents the amount of predictability between Blackrock Innovation time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blackrock Innovation price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Blackrock Innovation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Blackrock Innovation lagged returns against current returns
Autocorrelation, which is Blackrock Innovation stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Blackrock Innovation's stock expected returns. We can calculate the autocorrelation of Blackrock Innovation returns to help us make a trade decision. For example, suppose you find that Blackrock Innovation has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Blackrock Innovation regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Blackrock Innovation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackrock Innovation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackrock Innovation stock over time.
Current vs Lagged Prices |
| Timeline |
Blackrock Innovation Lagged Returns
When evaluating Blackrock Innovation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackrock Innovation stock have on its future price. Blackrock Innovation autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Blackrock Innovation autocorrelation shows the relationship between Blackrock Innovation stock current value and its past values and can show if there is a momentum factor associated with investing in Blackrock Innovation Growth.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Blackrock Stock Analysis
When running Blackrock Innovation's price analysis, check to measure Blackrock Innovation'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 Blackrock Innovation is operating at the current time. Most of Blackrock Innovation's value examination focuses on studying past and present price action to predict the probability of Blackrock Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Innovation's price. Additionally, you may evaluate how the addition of Blackrock Innovation to your portfolios can decrease your overall portfolio volatility.