Blackrock Mit Ii Stock Market Value
| BLE Stock | USD 10.82 0.07 0.65% |
| Symbol | BlackRock |
BlackRock MIT II 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 MIT. 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 MIT 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 (0.42) | Dividend Share 0.552 | Earnings Share 0.61 | Revenue Per Share | Quarterly Revenue Growth (0.08) |
The market value of BlackRock MIT II 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 MIT's value that differs from its market value or its book value, called intrinsic value, which is BlackRock MIT'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 MIT's market value can be influenced by many factors that don't directly affect BlackRock MIT'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 MIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock MIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock MIT'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 MIT '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 MIT'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 MIT.
| 05/11/2023 |
| 03/01/2025 |
If you would invest 0.00 in BlackRock MIT on May 11, 2023 and sell it all today you would earn a total of 0.00 from holding BlackRock MIT II or generate 0.0% return on investment in BlackRock MIT over 660 days. BlackRock MIT is related to or competes with Blackrock Munivest, Invesco Municipal, BlackRock Municipal, Eaton Vance, DTF Tax, DWS Municipal, and Blackrock Muniyield. BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc More
BlackRock MIT 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 MIT'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 MIT II upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.601 | |||
| Information Ratio | 0.0904 | |||
| Maximum Drawdown | 2.5 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.9452 |
BlackRock MIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock MIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock MIT's standard deviation. In reality, there are many statistical measures that can use BlackRock MIT historical prices to predict the future BlackRock MIT's volatility.| Risk Adjusted Performance | 0.0468 | |||
| Jensen Alpha | 0.0331 | |||
| Total Risk Alpha | 0.0462 | |||
| Sortino Ratio | 0.0856 | |||
| Treynor Ratio | 0.1405 |
BlackRock MIT II Backtested Returns
BlackRock MIT II secures Sharpe Ratio (or Efficiency) of -0.0164, which signifies that the company had a -0.0164 % return per unit of standard deviation over the last 3 months. BlackRock MIT II exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock MIT's mean deviation of 0.444, and Risk Adjusted Performance of 0.0468 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock MIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock MIT is expected to be smaller as well. At this point, BlackRock MIT II has a negative expected return of -0.0092%. Please make sure to confirm BlackRock MIT's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if BlackRock MIT II performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
BlackRock MIT II has insignificant reverse predictability. Overlapping area represents the amount of predictability between BlackRock MIT time series from 11th of May 2023 to 5th of April 2024 and 5th of April 2024 to 1st of March 2025. 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 MIT II price movement. The serial correlation of -0.17 indicates that over 17.0% of current BlackRock MIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
BlackRock MIT II lagged returns against current returns
Autocorrelation, which is BlackRock MIT 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 MIT's stock expected returns. We can calculate the autocorrelation of BlackRock MIT returns to help us make a trade decision. For example, suppose you find that BlackRock MIT 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 MIT 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 MIT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock MIT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock MIT stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock MIT Lagged Returns
When evaluating BlackRock MIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock MIT stock have on its future price. BlackRock MIT 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 MIT autocorrelation shows the relationship between BlackRock MIT stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock MIT II.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether BlackRock MIT II is a strong investment it is important to analyze BlackRock MIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BlackRock MIT's future performance. For an informed investment choice regarding BlackRock Stock, refer to the following important reports:Check out BlackRock MIT Correlation, BlackRock MIT Volatility and BlackRock MIT Alpha and Beta module to complement your research on BlackRock MIT. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
BlackRock MIT 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.