Blackrock California Municipal Stock Performance
| BFZ Stock | USD 11.67 0.09 0.78% |
The firm shows a Beta (market volatility) of 0.0061, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlackRock California's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlackRock California is expected to be smaller as well. At this point, BlackRock California has a negative expected return of -0.0053%. Please make sure to confirm BlackRock California's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if BlackRock California performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days BlackRock California Municipal has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical and fundamental indicators, BlackRock California is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 0.78 | Five Day Return 1.74 | Year To Date Return (2.26) | Ten Year Return (20.93) | All Time Return (22.72) |
Forward Dividend Yield 0.0607 | Payout Ratio 1.4634 | Forward Dividend Rate 0.71 | Dividend Date 2023-04-03 | Ex Dividend Date 2024-11-15 |
1 | Disposition of 1713 shares by Wells Fargo Companymn of BlackRock California at 100303.25137 subject to Rule 16b-3 | 09/27/2024 |
| BlackRock California dividend paid on 1st of October 2024 | 10/01/2024 |
2 | California A State Like No Other - BlackRock | 10/04/2024 |
3 | Disposition of 731 shares by Ubs Ag of BlackRock California subject to Rule 16b-3 | 10/18/2024 |
4 | Disposition of 6313 shares by Saba Capital Management, L.p. of BlackRock California at 11.89 subject to Rule 16b-3 | 10/28/2024 |
5 | BlackRock California Municipal Income Trust director buys shares for 117 | 10/30/2024 |
| BlackRock California dividend paid on 1st of November 2024 | 11/01/2024 |
6 | BlackRock California Municipal Income Trust declares 0.059 dividend | 11/04/2024 |
7 | Disposition of 30293 shares by Saba Capital Management, L.p. of BlackRock California at 11.82 subject to Rule 16b-3 | 11/08/2024 |
8 | Saba Capital Management, L.P. Sells 30,293 Shares of BlackRock California Municipal Income Trust Stock | 11/14/2024 |
| Begin Period Cash Flow | 384 K |
BlackRock |
BlackRock California Relative Risk vs. Return Landscape
If you would invest 1,172 in BlackRock California Municipal on September 2, 2024 and sell it today you would lose (5.00) from holding BlackRock California Municipal or give up 0.43% of portfolio value over 90 days. BlackRock California Municipal is generating negative expected returns assuming volatility of 0.5239% on return distribution over 90 days investment horizon. In other words, 4% of stocks are less volatile than BlackRock, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
BlackRock California Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlackRock California's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BlackRock California Municipal, and traders can use it to determine the average amount a BlackRock California's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0102
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BFZ |
Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BlackRock California is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BlackRock California by adding BlackRock California to a well-diversified portfolio.
BlackRock California Fundamentals Growth
BlackRock Stock prices reflect investors' perceptions of the future prospects and financial health of BlackRock California, and BlackRock California fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BlackRock Stock performance.
| Return On Equity | 0.0308 | ||||
| Return On Asset | 0.0217 | ||||
| Profit Margin | 0.48 % | ||||
| Operating Margin | 0.81 % | ||||
| Current Valuation | 516.45 M | ||||
| Shares Outstanding | 30.06 M | ||||
| Price To Earning | 13.39 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 14.08 X | ||||
| Revenue | 24.91 M | ||||
| Gross Profit | 23.96 M | ||||
| EBITDA | 12.01 M | ||||
| Net Income | 12.01 M | ||||
| Cash And Equivalents | 430.8 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 4.98 K | ||||
| Debt To Equity | 0.65 % | ||||
| Current Ratio | 0.03 X | ||||
| Book Value Per Share | 12.86 X | ||||
| Cash Flow From Operations | 17.6 M | ||||
| Earnings Per Share | 0.41 X | ||||
| Market Capitalization | 350.84 M | ||||
| Total Asset | 597.02 M | ||||
| Retained Earnings | (35.76 M) | ||||
About BlackRock California Performance
Evaluating BlackRock California's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if BlackRock California has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if BlackRock California has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 15.2 K | 16 K | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.03 | 0.03 |
Things to note about BlackRock California performance evaluation
Checking the ongoing alerts about BlackRock California for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BlackRock California help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| BlackRock California generated a negative expected return over the last 90 days | |
| BlackRock California Municipal has 4.98 K in debt with debt to equity (D/E) ratio of 0.65, which is OK given its current industry classification. BlackRock California has a current ratio of 0.03, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for BlackRock to invest in growth at high rates of return. | |
| On 1st of November 2024 BlackRock California paid $ 0.059 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Saba Capital Management, L.P. Sells 30,293 Shares of BlackRock California Municipal Income Trust Stock |
- Analyzing BlackRock California's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether BlackRock California's stock is overvalued or undervalued compared to its peers.
- Examining BlackRock California's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating BlackRock California's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BlackRock California's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of BlackRock California's stock. These opinions can provide insight into BlackRock California's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for BlackRock Stock Analysis
When running BlackRock California's price analysis, check to measure BlackRock California'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 California is operating at the current time. Most of BlackRock California's value examination focuses on studying past and present price action to predict the probability of BlackRock California'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 California's price. Additionally, you may evaluate how the addition of BlackRock California to your portfolios can decrease your overall portfolio volatility.