Blackrock Multi Price To Sales vs. Shares Outstanding

BIT Stock  USD 14.80  0.12  0.82%   
Considering the key profitability indicators obtained from Blackrock Multi's historical financial statements, Blackrock Multi Sector is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Blackrock Multi's ability to earn profits and add value for shareholders.

Blackrock Multi Price To Sales Ratio

22.25

Price To Sales Ratio is likely to gain to 22.25 in 2024. Days Sales Outstanding is likely to gain to 399.02 in 2024. At this time, Blackrock Multi's Operating Income is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 29.6 M in 2024, whereas Interest Income is likely to drop slightly above 44.4 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.70.71
Fairly Down
Slightly volatile
Operating Profit Margin0.861.15
Way Down
Pretty Stable
Pretax Profit Margin0.720.71
Fairly Up
Pretty Stable
For Blackrock Multi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blackrock Multi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blackrock Multi Sector utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blackrock Multi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blackrock Multi Sector over time as well as its relative position and ranking within its peers.
  
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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 Multi. 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 Multi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.6
Return On Equity
(4.92)
The market value of Blackrock Multi Sector 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 Multi's value that differs from its market value or its book value, called intrinsic value, which is Blackrock Multi'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 Multi's market value can be influenced by many factors that don't directly affect Blackrock Multi'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 Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Multi'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 Multi Sector Shares Outstanding vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Blackrock Multi's current stock value. Our valuation model uses many indicators to compare Blackrock Multi value to that of its competitors to determine the firm's financial worth.
Blackrock Multi Sector is number one stock in price to sales category among its peers. It is rated fourth in shares outstanding category among its peers creating about  1,608,108  of Shares Outstanding per Price To Sales. At this time, Blackrock Multi's Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Blackrock Multi by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Blackrock Shares Outstanding vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Blackrock Multi

P/S

 = 

MV Per Share

Revenue Per Share

 = 
24.05 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Blackrock Multi

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
38.68 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Blackrock Shares Outstanding Comparison

Blackrock Multi is currently under evaluation in shares outstanding category among its peers.

Blackrock Multi Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Blackrock Multi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blackrock Multi will eventually generate negative long term returns. The profitability progress is the general direction of Blackrock Multi's change in net profit over the period of time. It can combine multiple indicators of Blackrock Multi, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income21.6 M13.6 M
Operating Income20.5 M32.7 M
Income Before Tax20.5 M29.6 M
Total Other Income Expense Net-12.7 M-12.1 M
Net Income20.5 M29.6 M
Interest Income63 M44.4 M
Net Income Applicable To Common Shares78.1 M52.9 M
Income Tax Expense-12.9 M-12.2 M
Net Interest Income36.5 M41.2 M
Net Income From Continuing Ops20.5 M23.7 M
Net Income Per Share 0.69  0.99 
Income Quality 1.99  2.09 
Net Income Per E B T 0.73  0.65 

Blackrock Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Blackrock Multi. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Blackrock Multi position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Blackrock Multi's important profitability drivers and their relationship over time.

Use Blackrock Multi in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackrock Multi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackrock Multi will appreciate offsetting losses from the drop in the long position's value.

Blackrock Multi Pair Trading

Blackrock Multi Sector Pair Trading Analysis

The ability to find closely correlated positions to Blackrock Multi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Multi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackrock Multi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackrock Multi Sector to buy it.
The correlation of Blackrock Multi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackrock Multi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Multi Sector moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackrock Multi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Blackrock Multi position

In addition to having Blackrock Multi in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Broad Municipals ETFs Theme
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Additional Tools for Blackrock Stock Analysis

When running Blackrock Multi's price analysis, check to measure Blackrock Multi'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 Multi is operating at the current time. Most of Blackrock Multi's value examination focuses on studying past and present price action to predict the probability of Blackrock Multi'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 Multi's price. Additionally, you may evaluate how the addition of Blackrock Multi to your portfolios can decrease your overall portfolio volatility.