Blackrock California Municipal Stock Alpha and Beta Analysis
| BFZ Stock | USD 11.67 0.09 0.78% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BlackRock California Municipal. It also helps investors analyze the systematic and unsystematic risks associated with investing in BlackRock California over a specified time horizon. Remember, high BlackRock California's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to BlackRock California's market risk premium analysis include:
Beta 0.0061 | Alpha (0) | Risk 0.53 | Sharpe Ratio (0.01) | Expected Return (0.01) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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BlackRock California Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BlackRock California market risk premium is the additional return an investor will receive from holding BlackRock California long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BlackRock California. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate BlackRock California's performance over market.| α | -0.0042 | β | 0.01 |
BlackRock California expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of BlackRock California's Buy-and-hold return. Our buy-and-hold chart shows how BlackRock California performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.BlackRock California Market Price Analysis
Market price analysis indicators help investors to evaluate how BlackRock California 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 California shares will generate the highest return on investment. By understating and applying BlackRock California stock market price indicators, traders can identify BlackRock California position entry and exit signals to maximize returns.
BlackRock California Return and Market Media
The median price of BlackRock California for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 11.87 with a coefficient of variation of 1.56. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 11.8, and mean deviation of 0.16. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1713 shares by Wells Fargo Companymn of BlackRock California at 100303.25137 subject to Rule 16b-3 | 09/27/2024 |
| BlackRock California dividend paid on 1st of October 2024 | 10/01/2024 |
2 | California A State Like No Other - BlackRock | 10/04/2024 |
3 | Disposition of 731 shares by Ubs Ag of BlackRock California subject to Rule 16b-3 | 10/18/2024 |
4 | Disposition of 6313 shares by Saba Capital Management, L.p. of BlackRock California at 11.89 subject to Rule 16b-3 | 10/28/2024 |
5 | BlackRock California Municipal Income Trust director buys shares for 117 | 10/30/2024 |
| BlackRock California dividend paid on 1st of November 2024 | 11/01/2024 |
6 | BlackRock California Municipal Income Trust declares 0.059 dividend | 11/04/2024 |
7 | Disposition of 30293 shares by Saba Capital Management, L.p. of BlackRock California at 11.82 subject to Rule 16b-3 | 11/08/2024 |
8 | Saba Capital Management, L.P. Sells 30,293 Shares of BlackRock California Municipal Income Trust Stock | 11/14/2024 |
About BlackRock California Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including BlackRock or other stocks. Alpha measures the amount that position in BlackRock California has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlackRock California in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlackRock California's short interest history, or implied volatility extrapolated from BlackRock California options trading.
Build Portfolio with BlackRock California
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Additional 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.