Blackrock Investment Quality Stock Market Value
| BKN Stock | USD 11.97 0.06 0.50% |
| Symbol | BlackRock |
BlackRock Investment 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 Investment. 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 Investment 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 0.691 | Dividend Share 0.614 | Earnings Share 0.47 | Revenue Per Share 0.888 | Quarterly Revenue Growth (0.09) |
The market value of BlackRock Investment 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 Investment's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Investment'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 Investment's market value can be influenced by many factors that don't directly affect BlackRock Investment'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 Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Investment'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 Investment '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 Investment'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 Investment.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in BlackRock Investment on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Investment Quality or generate 0.0% return on investment in BlackRock Investment over 30 days. BlackRock Investment is related to or competes with BlackRock Municipal, BlackRock MIT, BlackRock Municipal, BlackRock Long, and Blackrock Munivest. BlackRock Investment Quality Municipal Trust Inc More
BlackRock Investment 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 Investment'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 Investment Quality upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.53 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.74 |
BlackRock Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Investment's standard deviation. In reality, there are many statistical measures that can use BlackRock Investment historical prices to predict the future BlackRock Investment's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.8366 |
BlackRock Investment Backtested Returns
BlackRock Investment secures Sharpe Ratio (or Efficiency) of -0.0291, which signifies that the company had a -0.0291% return per unit of standard deviation over the last 3 months. BlackRock Investment Quality exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock Investment's risk adjusted performance of (0.03), and Mean Deviation of 0.6076 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0556, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BlackRock Investment are expected to decrease at a much lower rate. During the bear market, BlackRock Investment is likely to outperform the market. At this point, BlackRock Investment has a negative expected return of -0.0239%. Please make sure to confirm BlackRock Investment's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if BlackRock Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
BlackRock Investment Quality has below average predictability. Overlapping area represents the amount of predictability between BlackRock Investment 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 Investment price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current BlackRock Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BlackRock Investment lagged returns against current returns
Autocorrelation, which is BlackRock Investment 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 Investment's stock expected returns. We can calculate the autocorrelation of BlackRock Investment returns to help us make a trade decision. For example, suppose you find that BlackRock Investment 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 Investment 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 Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Investment stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Investment Lagged Returns
When evaluating BlackRock Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Investment stock have on its future price. BlackRock Investment 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 Investment autocorrelation shows the relationship between BlackRock Investment stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Investment Quality.
Regressed Prices |
| Timeline |
Pair Trading with BlackRock Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackRock Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackRock Investment will appreciate offsetting losses from the drop in the long position's value.Moving against BlackRock Stock
| 0.66 | LC | LendingClub Corp | PairCorr |
| 0.61 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.56 | V | Visa Class A | PairCorr |
| 0.54 | DIST | Distoken Acquisition | PairCorr |
| 0.52 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
The ability to find closely correlated positions to BlackRock Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackRock Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackRock Investment Quality to buy it.
The correlation of BlackRock Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackRock Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackRock Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out BlackRock Investment Correlation, BlackRock Investment Volatility and BlackRock Investment Alpha and Beta module to complement your research on BlackRock Investment. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
BlackRock Investment 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.