BlackRock California Return On Asset vs. Price To Book
| BFZ Stock | USD 11.68 0.02 0.17% |
For BlackRock California profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BlackRock California to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BlackRock California Municipal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BlackRock California's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BlackRock California Municipal over time as well as its relative position and ranking within its peers.
BlackRock |
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 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 0.58 | Earnings Share 0.41 | Revenue Per Share 0.829 | Quarterly Revenue Growth 0.009 |
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.
BlackRock California Price To Book vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BlackRock California's current stock value. Our valuation model uses many indicators to compare BlackRock California value to that of its competitors to determine the firm's financial worth. BlackRock California Municipal is rated third in return on asset category among its peers. It is rated fourth in price to book category among its peers fabricating about 41.93 of Price To Book per Return On Asset. Price To Book Ratio is likely to rise to 1.05 in 2024. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BlackRock California's earnings, one of the primary drivers of an investment's value.BlackRock Price To Book vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
BlackRock California |
| = | 0.0217 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
BlackRock California |
| = | 0.91 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
BlackRock Price To Book Comparison
BlackRock California is currently under evaluation in price to book category among its peers.
BlackRock California Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BlackRock California, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BlackRock California will eventually generate negative long term returns. The profitability progress is the general direction of BlackRock California's change in net profit over the period of time. It can combine multiple indicators of BlackRock California, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 20.8 M | 17.7 M | |
| Net Income From Continuing Ops | 12 M | 10.2 M | |
| Income Before Tax | 12 M | 10.4 M | |
| Total Other Income Expense Net | -8.8 M | -9.3 M | |
| Net Income Applicable To Common Shares | 440.4 K | 418.4 K | |
| Net Income | 12 M | 8 M | |
| Income Tax Expense | 11.5 M | 12.1 M | |
| Net Interest Income | 15.8 M | 17.1 M | |
| Interest Income | 24.7 M | 21.8 M | |
| Change To Netincome | 101.6 M | 106.7 M | |
| Net Income Per Share | 0.40 | 0.41 | |
| Income Quality | 1.47 | 1.39 | |
| Net Income Per E B T | 0.97 | 0.86 |
BlackRock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BlackRock California. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BlackRock California position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BlackRock California's important profitability drivers and their relationship over time.
Use BlackRock California in pair-trading
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 California 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 California will appreciate offsetting losses from the drop in the long position's value.BlackRock California Pair Trading
BlackRock California Municipal Pair Trading Analysis
The ability to find closely correlated positions to BlackRock California 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 California 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 California - 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 California Municipal to buy it.
The correlation of BlackRock California 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 California moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock California 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 California 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.Use Investing Themes to Complement your BlackRock California position
In addition to having BlackRock California in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.