Blackrock Credit Allocation Stock Price on May 17, 2024
| BTZ Stock | USD 10.69 0.02 0.19% |
Below is the normalized historical share price chart for BlackRock Credit Allocation extending back to December 22, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BlackRock Credit stands at 10.69, as last reported on the 8th of June, with the highest price reaching 10.71 and the lowest price hitting 10.66 during the day.
If you're considering investing in BlackRock Stock, it is important to understand the factors that can impact its price. We consider BlackRock Credit very steady. BlackRock Credit All secures Sharpe Ratio (or Efficiency) of 0.0101, which signifies that the company had a 0.0101% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for BlackRock Credit Allocation, which you can use to evaluate the volatility of the firm. Please confirm BlackRock Credit's risk adjusted performance of 0.0419, and Mean Deviation of 0.5053 to double-check if the risk estimate we provide is consistent with the expected return of 0.0066%.
At this time, BlackRock Credit's Total Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to rise to about 1.4 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 82.4 M in 2024. . At this time, BlackRock Credit's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 1.01 in 2024, whereas Price Earnings Ratio is likely to drop 4.11 in 2024. BlackRock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of December 2006 | 200 Day MA 10.25 | 50 Day MA 10.4012 | Beta 0.789 |
BlackRock |
Sharpe Ratio = 0.0101
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BTZ |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BlackRock Credit is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BlackRock Credit by adding BlackRock Credit to a well-diversified portfolio.
Price Book 0.8823 | Book Value 11.595 | Enterprise Value 1.6 B | Price Sales 9.1365 | Shares Outstanding 93.3 M |
BlackRock Credit Valuation on May 17, 2024
It is possible to determine the worth of BlackRock Credit on a given historical date. On May 17, 2024 BlackRock was worth 10.49 at the beginning of the trading date compared to the closed value of 10.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlackRock Credit stock. Still, in general, we apply an absolute valuation method to find BlackRock Credit's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BlackRock Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlackRock Credit's related companies.
| Open | High | Low | Close | Volume | |
| 10.46 | 10.49 | 10.44 | 10.48 | 211,511 | |
05/17/2024 | 10.49 | 10.49 | 10.42 | 10.43 | 135,200 |
| 10.44 | 10.49 | 10.41 | 10.49 | 173,900 |
| Backtest BlackRock Credit | | | BlackRock Credit History | | | BlackRock Credit Valuation | Previous | Next |
BlackRock Credit Trading Date Momentum on May 17, 2024
| On May 20 2024 BlackRock Credit Allocation was traded for 10.49 at the closing time. Highest BlackRock Credit's price during the trading hours was 10.49 and the lowest price during the day was 10.41 . The net volume was 173.9 K. The overall trading history on the 20th of May contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.58% . The overall trading delta to current price is 0.10% . |
BlackRock Credit All Fundamentals Correlations and Trends
By evaluating BlackRock Credit's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BlackRock Credit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BlackRock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BlackRock Credit Stock history
BlackRock Credit investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BlackRock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BlackRock Credit All will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BlackRock Credit stock prices may prove useful in developing a viable investing in BlackRock Credit
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 93.3 M | 82.4 M | |
| Net Loss | -322 M | -305.9 M |
BlackRock Credit Stock Technical Analysis
BlackRock Credit 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.
Price Boundaries
BlackRock Credit Period Price Range
Low | May 17, 2024
| High |
10.49 | 10.43 |
BlackRock Credit June 8, 2024 Market Strength
Market strength indicators help investors to evaluate how BlackRock Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BlackRock Credit shares will generate the highest return on investment. By undertsting and applying BlackRock Credit stock market strength indicators, traders can identify BlackRock Credit Allocation entry and exit signals to maximize returns
| Accumulation Distribution | 902.19 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 10.46 | |||
| Day Typical Price | 10.45 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | 0.26 |
BlackRock Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BlackRock Credit's price direction in advance. Along with the technical and fundamental analysis of BlackRock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BlackRock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0419 | |||
| Jensen Alpha | 0.0324 | |||
| Total Risk Alpha | 0.0258 | |||
| Sortino Ratio | 0.037 | |||
| Treynor Ratio | 0.1844 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for BlackRock Stock Analysis
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.