Blackrock Credit Allocation Stock Market Value
| BTZ Stock | USD 10.89 0.03 0.28% |
| Symbol | BlackRock |
BlackRock Credit All 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 Credit. 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 Credit 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 (0.67) | Dividend Share 1.007 | Earnings Share 1.07 | Revenue Per Share 1.153 | Quarterly Revenue Growth 0.061 |
The market value of BlackRock Credit All 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 Credit's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Credit'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 Credit's market value can be influenced by many factors that don't directly affect BlackRock Credit'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 Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Credit'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 Credit '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 Credit'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 Credit.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in BlackRock Credit on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Credit Allocation or generate 0.0% return on investment in BlackRock Credit over 30 days. BlackRock Credit is related to or competes with Pimco Corporate, Pimco Income, Pcm Fund, Pimco High, DWS Municipal, Blackrock Muniholdings, and Abrdn Emerging. BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc More
BlackRock Credit 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 Credit'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 Credit Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.521 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.23 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 0.8167 |
BlackRock Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Credit's standard deviation. In reality, there are many statistical measures that can use BlackRock Credit historical prices to predict the future BlackRock Credit's volatility.| Risk Adjusted Performance | 0.02 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 0.0561 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlackRock Credit'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 Credit All Backtested Returns
At this stage we consider BlackRock Stock to be very steady. BlackRock Credit All secures Sharpe Ratio (or Efficiency) of 0.0248, which signifies that the company had a 0.0248% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for BlackRock Credit Allocation, which you can use to evaluate the volatility of the firm. Please confirm BlackRock Credit's mean deviation of 0.3901, and Risk Adjusted Performance of 0.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.0129%. BlackRock Credit has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock Credit's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Credit is expected to be smaller as well. BlackRock Credit All right now shows a risk of 0.52%. Please confirm BlackRock Credit All value at risk, and the relationship between the standard deviation and kurtosis , to decide if BlackRock Credit All will be following its price patterns.
Auto-correlation | 0.15 |
Insignificant predictability
BlackRock Credit Allocation has insignificant predictability. Overlapping area represents the amount of predictability between BlackRock Credit 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 Credit All price movement. The serial correlation of 0.15 indicates that less than 15.0% of current BlackRock Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BlackRock Credit All lagged returns against current returns
Autocorrelation, which is BlackRock Credit 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 Credit's stock expected returns. We can calculate the autocorrelation of BlackRock Credit returns to help us make a trade decision. For example, suppose you find that BlackRock Credit 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 Credit 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 Credit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Credit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Credit stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Credit Lagged Returns
When evaluating BlackRock Credit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Credit stock have on its future price. BlackRock Credit 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 Credit autocorrelation shows the relationship between BlackRock Credit stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Credit Allocation.
Regressed Prices |
| Timeline |
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When running BlackRock Credit's price analysis, check to measure BlackRock Credit'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 Credit is operating at the current time. Most of BlackRock Credit's value examination focuses on studying past and present price action to predict the probability of BlackRock Credit'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 Credit's price. Additionally, you may evaluate how the addition of BlackRock Credit to your portfolios can decrease your overall portfolio volatility.