Blackrock California Municipal Stock Technical Analysis
| BFZ Stock | USD 11.69 0.13 1.12% |
As of the 24th of April, BlackRock California shows the risk adjusted performance of 0.0197, and Mean Deviation of 0.3812. BlackRock California technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for BlackRock California Municipal, which can be compared to its peers. Please confirm BlackRock California coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if BlackRock California is priced correctly, providing market reflects its regular price of 11.69 per share. Given that BlackRock California has jensen alpha of (0.01), we suggest you to validate BlackRock California Municipal's prevailing market performance to make sure the company can sustain itself at a future point.
BlackRock California Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BlackRock, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BlackRockBlackRock |
BlackRock California 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.
BlackRock California Technical Analysis
The output start index for this execution was eight with a total number of output elements of fifty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of BlackRock California volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BlackRock California Trend Analysis
Use this graph to draw trend lines for BlackRock California Municipal. You can use it to identify possible trend reversals for BlackRock California as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual BlackRock California price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BlackRock California Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BlackRock California Municipal applied against its price change over selected period. The best fit line has a slop of 0.0005 , which may imply that BlackRock California Municipal will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted BlackRock California price change compared to its average price change.About BlackRock California Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BlackRock California Municipal on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BlackRock California Municipal based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BlackRock California price pattern first instead of the macroeconomic environment surrounding BlackRock California. By analyzing BlackRock California's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of BlackRock California's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to BlackRock California specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | PTB Ratio | 1.02 | 1.0 | Dividend Yield | 0.0503 | 0.0561 |
BlackRock California April 24, 2024 Technical Indicators
Most technical analysis of BlackRock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BlackRock from various momentum indicators to cycle indicators. When you analyze BlackRock charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0197 | |||
| Market Risk Adjusted Performance | 0.0478 | |||
| Mean Deviation | 0.3812 | |||
| Semi Deviation | 0.5227 | |||
| Downside Deviation | 0.6622 | |||
| Coefficient Of Variation | 2937.87 | |||
| Standard Deviation | 0.5468 | |||
| Variance | 0.299 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0378 | |||
| Maximum Drawdown | 2.57 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.9442 | |||
| Downside Variance | 0.4385 | |||
| Semi Variance | 0.2732 | |||
| Expected Short fall | (0.45) | |||
| Skewness | (0.66) | |||
| Kurtosis | 1.39 |
BlackRock California April 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as BlackRock stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 592.61 | ||
| Daily Balance Of Power | 0.62 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 11.64 | ||
| Day Typical Price | 11.65 | ||
| Price Action Indicator | 0.12 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock California Municipal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the BlackRock California information on this page should be used as a complementary analysis to other BlackRock California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for BlackRock Stock analysis
When running BlackRock California's price analysis, check to measure BlackRock California'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 California is operating at the current time. Most of BlackRock California's value examination focuses on studying past and present price action to predict the probability of BlackRock California'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 California's price. Additionally, you may evaluate how the addition of BlackRock California to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock California'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 California. 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 California 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 10.921 | Dividend Share 0.492 | Earnings Share 0.3 | Revenue Per Share 0.825 | Quarterly Revenue Growth 0.072 |
The market value of BlackRock California 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 California's value that differs from its market value or its book value, called intrinsic value, which is BlackRock California'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 California's market value can be influenced by many factors that don't directly affect BlackRock California'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 California's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock California'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.