Block (Australia) Market Value
| SQ2 Stock | 88.47 0.25 0.28% |
| Symbol | Block |
Block '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 Block'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 Block.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Block on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Block Inc or generate 0.0% return on investment in Block over 90 days. Block is related to or competes with Sonic Healthcare, Everest Metals, Lunnon Metals, and Oneview Healthcare. Block is entity of Australia. It is traded as Stock on AU exchange. More
Block 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 Block'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 Block Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 18.34 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 3.65 |
Block Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Block's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Block's standard deviation. In reality, there are many statistical measures that can use Block historical prices to predict the future Block's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (0.75) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (2.10) |
Block Inc Backtested Returns
Block Inc secures Sharpe Ratio (or Efficiency) of -0.27, which signifies that the company had a -0.27 % return per unit of risk over the last 3 months. Block Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Block's Risk Adjusted Performance of (0.23), standard deviation of 2.91, and Mean Deviation of 2.03 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Block's returns are expected to increase less than the market. However, during the bear market, the loss of holding Block is expected to be smaller as well. At this point, Block Inc has a negative expected return of -0.79%. Please make sure to confirm Block's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Block Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Block Inc has good predictability. Overlapping area represents the amount of predictability between Block time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Block Inc price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Block price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 346.93 |
Block Inc lagged returns against current returns
Autocorrelation, which is Block 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 Block's stock expected returns. We can calculate the autocorrelation of Block returns to help us make a trade decision. For example, suppose you find that Block 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 |
Block 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 Block stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Block stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Block stock over time.
Current vs Lagged Prices |
| Timeline |
Block Lagged Returns
When evaluating Block's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Block stock have on its future price. Block 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, Block autocorrelation shows the relationship between Block stock current value and its past values and can show if there is a momentum factor associated with investing in Block Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Block Stock Analysis
When running Block's price analysis, check to measure Block'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 Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.