BlackRock (Germany) Market Value
| BLQA Stock | EUR 980.20 13.00 1.31% |
| Symbol | BlackRock |
BlackRock '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'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.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in BlackRock on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock or generate 0.0% return on investment in BlackRock over 90 days. BlackRock is related to or competes with Neinor Homes, Thai Beverage, LGI Homes, National Beverage, Aedas Homes, Haier Smart, and DFS Furniture. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, p... More
BlackRock 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.1429 | |||
| Maximum Drawdown | 6.12 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.51 |
BlackRock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock's standard deviation. In reality, there are many statistical measures that can use BlackRock historical prices to predict the future BlackRock's volatility.| Risk Adjusted Performance | 0.1872 | |||
| Jensen Alpha | 0.1999 | |||
| Total Risk Alpha | 0.1054 | |||
| Sortino Ratio | 0.1685 | |||
| Treynor Ratio | 0.3408 |
BlackRock Backtested Returns
BlackRock appears to be very steady, given 3 months investment horizon. BlackRock secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for BlackRock, which you can use to evaluate the volatility of the firm. Please makes use of BlackRock's risk adjusted performance of 0.1872, and Mean Deviation of 1.02 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BlackRock holds a performance score of 18. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. BlackRock returns are very sensitive to returns on the market. As the market goes up or down, BlackRock is expected to follow. Please check BlackRock's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether BlackRock's price patterns will revert.
Auto-correlation | 0.78 |
Good predictability
BlackRock has good predictability. Overlapping area represents the amount of predictability between BlackRock time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 price movement. The serial correlation of 0.78 indicates that around 78.0% of current BlackRock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 1128.77 |
BlackRock lagged returns against current returns
Autocorrelation, which is BlackRock 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's stock expected returns. We can calculate the autocorrelation of BlackRock returns to help us make a trade decision. For example, suppose you find that BlackRock 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Lagged Returns
When evaluating BlackRock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock stock have on its future price. BlackRock 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 autocorrelation shows the relationship between BlackRock stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in BlackRock Stock
When determining whether BlackRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Stock. Highlighted below are key reports to facilitate an investment decision about Blackrock Stock:Check out BlackRock Correlation, BlackRock Volatility and BlackRock Alpha and Beta module to complement your research on BlackRock. For more detail on how to invest in BlackRock Stock please use our How to Invest in BlackRock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
BlackRock 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.