Blackrock Stock Market Value
| BLK Stock | USD 762.80 3.82 0.50% |
| Symbol | BlackRock |
BlackRock Price To Book Ratio
Is BlackRock's industry 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. 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 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 0.372 | Dividend Share 20.1 | Earnings Share 39.33 | Revenue Per Share 123.091 | Quarterly Revenue Growth 0.114 |
The market value of BlackRock 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's value that differs from its market value or its book value, called intrinsic value, which is BlackRock'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's market value can be influenced by many factors that don't directly affect BlackRock'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock'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 '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'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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in BlackRock on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock or generate 0.0% return on investment in BlackRock over 30 days. BlackRock is related to or competes with KKR Co, Apollo Global, Brookfield Asset, Carlyle, Franklin Resources, Main Street, and Blackstone. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, p... More
BlackRock 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.83 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 1.82 |
BlackRock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock's standard deviation. In reality, there are many statistical measures that can use BlackRock historical prices to predict the future BlackRock's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlackRock'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 Backtested Returns
BlackRock secures Sharpe Ratio (or Efficiency) of -0.0272, which signifies that the company had a -0.0272% return per unit of standard deviation over the last 3 months. BlackRock exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock's mean deviation of 0.9393, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.5, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BlackRock will likely underperform. BlackRock has an expected return of -0.0335%. Please make sure to confirm BlackRock standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if BlackRock performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
BlackRock has modest predictability. Overlapping area represents the amount of predictability between BlackRock time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 price movement. The serial correlation of 0.52 indicates that about 52.0% of current BlackRock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 149.97 |
BlackRock lagged returns against current returns
Autocorrelation, which is BlackRock 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's stock expected returns. We can calculate the autocorrelation of BlackRock returns to help us make a trade decision. For example, suppose you find that BlackRock 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Lagged Returns
When evaluating BlackRock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock stock have on its future price. BlackRock 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 autocorrelation shows the relationship between BlackRock stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock.
Regressed Prices |
| Timeline |
Pair Trading with BlackRock
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with BlackRock Stock
| 0.87 | BN | Brookfield Corp | PairCorr |
Moving against BlackRock Stock
| 0.75 | THCPU | Thunder Bridge Capital | PairCorr |
The ability to find closely correlated positions to BlackRock 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 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 - 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 to buy it.
The correlation of BlackRock 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock 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 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 Correlation, BlackRock Volatility and BlackRock Alpha and Beta module to complement your research on BlackRock. For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for BlackRock Stock analysis
When running BlackRock's price analysis, check to measure BlackRock'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 is operating at the current time. Most of BlackRock's value examination focuses on studying past and present price action to predict the probability of BlackRock'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's price. Additionally, you may evaluate how the addition of BlackRock to your portfolios can decrease your overall portfolio volatility.
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BlackRock 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.