Blackrock Long Term Municipal Stock Market Value
| BTA Stock | USD 9.88 0.02 0.20% |
| Symbol | BlackRock |
BlackRock Long Term 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 Long. 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 Long 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 (0.83) | Dividend Share 0.522 | Earnings Share 0.89 | Revenue Per Share 0.799 | Quarterly Revenue Growth (0.01) |
The market value of BlackRock Long Term 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 Long's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Long'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 Long's market value can be influenced by many factors that don't directly affect BlackRock Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Long'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 Long '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 Long'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 Long.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in BlackRock Long on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding BlackRock Long Term Municipal or generate 0.0% return on investment in BlackRock Long over 30 days. BlackRock Long is related to or competes with DTF Tax, MFS High, MFS High, John Hancock, Blackrock Muniyield, Blackrock Muniyield, and MFS Municipal. BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc More
BlackRock Long 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 Long'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 Long Term Municipal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.22 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.54 |
BlackRock Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlackRock Long's standard deviation. In reality, there are many statistical measures that can use BlackRock Long historical prices to predict the future BlackRock Long's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 5.39 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlackRock Long's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BlackRock Long Term Backtested Returns
BlackRock Long Term secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. BlackRock Long Term Municipal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlackRock Long's mean deviation of 0.6567, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0171, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BlackRock Long are expected to decrease at a much lower rate. During the bear market, BlackRock Long is likely to outperform the market. At this point, BlackRock Long Term has a negative expected return of -0.1%. Please make sure to confirm BlackRock Long's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if BlackRock Long Term performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
BlackRock Long Term Municipal has poor reverse predictability. Overlapping area represents the amount of predictability between BlackRock Long time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th of December 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 Long Term price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current BlackRock Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
BlackRock Long Term lagged returns against current returns
Autocorrelation, which is BlackRock Long 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 Long's stock expected returns. We can calculate the autocorrelation of BlackRock Long returns to help us make a trade decision. For example, suppose you find that BlackRock Long 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 Long 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 Long stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlackRock Long stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlackRock Long stock over time.
Current vs Lagged Prices |
| Timeline |
BlackRock Long Lagged Returns
When evaluating BlackRock Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlackRock Long stock have on its future price. BlackRock Long 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 Long autocorrelation shows the relationship between BlackRock Long stock current value and its past values and can show if there is a momentum factor associated with investing in BlackRock Long Term Municipal.
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 Long Term offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackRock Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackrock Long Term Municipal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackrock Long Term Municipal Stock:Check out BlackRock Long Correlation, BlackRock Long Volatility and BlackRock Long Alpha and Beta module to complement your research on BlackRock Long. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
BlackRock Long 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.