Blackrock New York Stock Market Value
| BNY Stock | USD 10.70 0.11 1.04% |
| Symbol | BlackRock |
BlackRock New York 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 New. 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 New 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 (0.14) | Dividend Share 0.466 | Earnings Share 0.47 | Revenue Per Share 0.828 | Quarterly Revenue Growth 0.032 |
The market value of BlackRock New York 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 New's value that differs from its market value or its book value, called intrinsic value, which is BlackRock New'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 New's market value can be influenced by many factors that don't directly affect BlackRock New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock New'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 New '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 New'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 New.
| 12/11/2022 |
| 11/30/2024 |
If you would invest 0.00 in BlackRock New on December 11, 2022 and sell it all today you would earn a total of 0.00 from holding BlackRock New York or generate 0.0% return on investment in BlackRock New over 720 days. BlackRock New is related to or competes with Invesco Trust, Pimco New, Pimco New, Blackrock Muniholdings, DWS Municipal, RiverNorth Flexible, and MFS Investment. BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc More
BlackRock New 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 New'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 New York upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6071 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.38 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.04 |
BlackRock New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock New's standard deviation. In reality, there are many statistical measures that can use BlackRock New historical prices to predict the future BlackRock New's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.0649 |
BlackRock New York Backtested Returns
At this stage we consider BlackRock Stock to be very steady. BlackRock New York secures Sharpe Ratio (or Efficiency) of 0.0304, which signifies that the company had a 0.0304% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for BlackRock New York, which you can use to evaluate the volatility of the firm. Please confirm BlackRock New's mean deviation of 0.3943, and Risk Adjusted Performance of 0.0304 to double-check if the risk estimate we provide is consistent with the expected return of 0.0163%. BlackRock New has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock New's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock New is expected to be smaller as well. BlackRock New York right now shows a risk of 0.54%. Please confirm BlackRock New York value at risk, and the relationship between the standard deviation and kurtosis , to decide if BlackRock New York will be following its price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
BlackRock New York has very good reverse predictability. Overlapping area represents the amount of predictability between BlackRock New time series from 11th of December 2022 to 6th of December 2023 and 6th of December 2023 to 30th 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 New York price movement. The serial correlation of -0.67 indicates that around 67.0% of current BlackRock New price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
BlackRock New York lagged returns against current returns
Autocorrelation, which is BlackRock New 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 New's stock expected returns. We can calculate the autocorrelation of BlackRock New returns to help us make a trade decision. For example, suppose you find that BlackRock New 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 New 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 New stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock New stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock New stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock New Lagged Returns
When evaluating BlackRock New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock New stock have on its future price. BlackRock New 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 New autocorrelation shows the relationship between BlackRock New stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock New York.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for BlackRock Stock Analysis
When running BlackRock New's price analysis, check to measure BlackRock New'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 New is operating at the current time. Most of BlackRock New's value examination focuses on studying past and present price action to predict the probability of BlackRock New'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 New's price. Additionally, you may evaluate how the addition of BlackRock New to your portfolios can decrease your overall portfolio volatility.