Blackrock Credit Allocation Stock Beta
| BTZ Stock | USD 10.97 0.07 0.64% |
BlackRock Credit Allocation fundamentals help investors to digest information that contributes to BlackRock Credit's financial success or failures. It also enables traders to predict the movement of BlackRock Stock. The fundamental analysis module provides a way to measure BlackRock Credit's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BlackRock Credit stock.
BlackRock | Beta |
BlackRock Credit Allocation Company Beta Analysis
BlackRock Credit's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current BlackRock Credit Beta | 0.81 |
Most of BlackRock Credit's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BlackRock Credit Allocation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BlackRock Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for BlackRock Credit is extremely important. It helps to project a fair market value of BlackRock Stock properly, considering its historical fundamentals such as Beta. Since BlackRock Credit's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BlackRock Credit's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BlackRock Credit's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, BlackRock Credit Allocation has a Beta of 0.809. This indicator is about the same for the Capital Markets average (which is currently at 0.82) sector and 33.69% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
BlackRock Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackRock Credit's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BlackRock Credit could also be used in its relative valuation, which is a method of valuing BlackRock Credit by comparing valuation metrics of similar companies.BlackRock Credit is currently under evaluation in beta category among its peers.
As returns on the market increase, BlackRock Credit's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock Credit is expected to be smaller as well.
BlackRock Fundamentals
| Return On Equity | 0.094 | |||
| Return On Asset | 0.0338 | |||
| Profit Margin | 0.92 % | |||
| Operating Margin | 0.90 % | |||
| Current Valuation | 1.62 B | |||
| Shares Outstanding | 93.32 M | |||
| Shares Owned By Institutions | 33.78 % | |||
| Number Of Shares Shorted | 85.49 K | |||
| Price To Earning | 26.25 X | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 9.51 X | |||
| Revenue | 104.49 M | |||
| Gross Profit | 93.01 M | |||
| EBITDA | 162.98 M | |||
| Net Income | 132.16 M | |||
| Cash And Equivalents | 3.76 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 590.89 M | |||
| Debt To Equity | 0.50 % | |||
| Current Ratio | 0.11 X | |||
| Book Value Per Share | 11.27 X | |||
| Cash Flow From Operations | 97.44 M | |||
| Short Ratio | 0.32 X | |||
| Earnings Per Share | 1.07 X | |||
| Beta | 0.81 | |||
| Market Capitalization | 1.02 B | |||
| Total Asset | 1.77 B | |||
| Retained Earnings | (113.15 M) | |||
| Annual Yield | 0.09 % | |||
| Five Year Return | 7.00 % | |||
| Net Asset | 1.77 B | |||
| Last Dividend Paid | 1.01 |
About BlackRock Credit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackRock Credit Allocation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackRock Credit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackRock Credit Allocation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 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.