Blackrock Health Sciences Stock Market Value
| BMEZ Stock | USD 15.34 0.08 0.52% |
| Symbol | BlackRock |
BlackRock Health Sciences Company Valuation
Is Health Care Providers & Services 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 Health. 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 Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.16) |
The market value of BlackRock Health Sciences 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 Health's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Health'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 Health's market value can be influenced by many factors that don't directly affect BlackRock Health'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 Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Health'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 Health '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 Health'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 Health.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in BlackRock Health on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Health Sciences or generate 0.0% return on investment in BlackRock Health over 30 days. BlackRock Health is related to or competes with BlackRock Science, Blackrock Innovation, Virtus Allianzgi, Highland Floating, BlackRock Science, Allianzgi Diversified, and Neuberger Berman. BlackRock Health is entity of United States More
BlackRock Health 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 Health'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 Health Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7152 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.11 |
BlackRock Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Health's standard deviation. In reality, there are many statistical measures that can use BlackRock Health historical prices to predict the future BlackRock Health's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlackRock Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BlackRock Health Sciences Backtested Returns
BlackRock Health Sciences secures Sharpe Ratio (or Efficiency) of -0.0247, which signifies that the company had a -0.0247% return per unit of standard deviation over the last 3 months. BlackRock Health Sciences exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock Health's mean deviation of 0.5902, and Risk Adjusted Performance of 2.0E-4 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BlackRock Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Health is expected to be smaller as well. At this point, BlackRock Health Sciences has a negative expected return of -0.0178%. Please make sure to confirm BlackRock Health's value at risk, and the relationship between the standard deviation and kurtosis , to decide if BlackRock Health Sciences performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
BlackRock Health Sciences has good reverse predictability. Overlapping area represents the amount of predictability between BlackRock Health time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Health Sciences price movement. The serial correlation of -0.55 indicates that about 55.0% of current BlackRock Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
BlackRock Health Sciences lagged returns against current returns
Autocorrelation, which is BlackRock Health 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 Health's stock expected returns. We can calculate the autocorrelation of BlackRock Health returns to help us make a trade decision. For example, suppose you find that BlackRock Health 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 Health 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 Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Health stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Health Lagged Returns
When evaluating BlackRock Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Health stock have on its future price. BlackRock Health 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 Health autocorrelation shows the relationship between BlackRock Health stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Health Sciences.
Regressed Prices |
| Timeline |
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When running BlackRock Health's price analysis, check to measure BlackRock Health'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 Health is operating at the current time. Most of BlackRock Health's value examination focuses on studying past and present price action to predict the probability of BlackRock Health'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 Health's price. Additionally, you may evaluate how the addition of BlackRock Health to your portfolios can decrease your overall portfolio volatility.