BlackRock Z Score
BLK  Stock  USD 712.98 9.20 1.27% 
BlackRock  Z Score 
BlackRock Z Score Analysis
BlackRock's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..Current BlackRock Z Score  7.2 
Most of BlackRock's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BlackRock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

BlackRock Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for BlackRock is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since BlackRock's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BlackRock's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BlackRock's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, BlackRock has a Z Score of 7.2. This is 198.76% higher than that of the Capital Markets sector and 11.46% higher than that of the Financials industry. The z score for all United States stocks is 17.43% higher than that of the company.
BlackRock Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackRock's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BlackRock could also be used in its relative valuation, which is a method of valuing BlackRock by comparing valuation metrics of similar companies.BlackRock is currently under evaluation in z score category among related companies.
BlackRock Current Valuation Drivers
We derive many important indicators used in calculating different scores of BlackRock from analyzing BlackRock's financial statements. These drivers represent accounts that assess BlackRock's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BlackRock's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  357.55 K  288.93 K  276.3 K  298.09 K  320.71 K  283.19 K  
Revenue Per Employee  898.63 K  952.89 K  897.47 K  979.44 K  1.05 M  941.72 K  
Average Assets  222.22 B  186.5 B  165.21 B  162.12 B  168.28 B  171.37 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  5.7 B  5.77 B  6.27 B  7.07 B  8.77 B  9.47 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  5.67 B  5.79 B  6.34 B  6.85 B  8.63 B  7.73 B  
Earnings before Tax  5.22 B  5.38 B  5.74 B  6.17 B  7.87 B  7.01 B  
Average Equity  30.14 B  32.22 B  32.29 B  33.72 B  36.48 B  36.29 B  
Enterprise Value  81.12 B  60.41 B  79.11 B  110.76 B  140.15 B  114.38 B  
Free Cash Flow  3.79 B  2.87 B  2.63 B  3.55 B  4.6 B  4.19 B  
Invested Capital  187.61 B  126.7 B  135.82 B  143.52 B  118.84 B  132.38 B  
Invested Capital Average  190.62 B  154.06 B  133.85 B  130.09 B  134.95 B  141.19 B  
Market Capitalization  82.36 B  61.95 B  77.6 B  110.04 B  139.09 B  113.22 B  
Tangible Asset Value  189.63 B  128.21 B  135.69 B  144.17 B  118.84 B  132.21 B 
BlackRock ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, BlackRock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BlackRock's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
BlackRock Institutional Holders
Institutional Holdings refers to the ownership stake in BlackRock that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BlackRock's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing BlackRock's value.Security Type  Shares  Value  
Zwj Investment Counsel Inc  Common Shares  702  361 K  
Zwj Investment Counsel Inc  Common Shares  707  316 K  
Zwj Investment Counsel Inc  Common Shares  688  291 K  
Zwj Investment Counsel Inc  Common Shares  685  263 K  
Zweigdimenna Associates Llc  Common Shares  3.5 K  1.3 M  
Zweig Advisers Llc  Common Shares  24.8 K  9.1 M  
Zweig Advisers Llc  Common Shares  32 K  10.9 M 
BlackRock Fundamentals
Return On Equity  15.04 %  
Return On Asset  0.0307 %  
Profit Margin  0.30 %  
Operating Margin  0.38 %  
Current Valuation  112.38 B  
Shares Outstanding  150.2 M  
Shares Owned by Insiders  1.03 %  
Shares Owned by Institutions  80.37 %  
Number of Shares Shorted  3.22 M  
Price to Earning  19.81 X  
Price to Book  2.98 X  
Price to Sales  5.74 X  
Revenue  19.37 B  
Gross Profit  9.82 B  
EBITDA  8.49 B  
Net Income  5.9 B  
Cash and Equivalents  9.32 B  
Cash per Share  43.42 X  
Total Debt  7.45 B  
Debt to Equity  0.22 %  
Current Ratio  1.74 X  
Book Value Per Share  246.99 X  
Cash Flow from Operations  4.94 B  
Short Ratio  3.41 X  
Earnings Per Share  36.30 X  
Price to Earnings To Growth  14.42 X  
Target Price  648.08  
Number of Employees  19.9 K  
Beta  1.31  
Market Capitalization  107.09 B  
Total Asset  152.65 B  
Retained Earnings  17.71 B  
Working Capital  5.28 B  
Current Asset  8.32 B  
Current Liabilities  3.04 B  
Z Score  7.2  
Annual Yield  0.0273 %  
Five Year Return  2.38 %  
Net Asset  152.65 B  
Last Dividend Paid  18.77 
About BlackRock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackRock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackRock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackRock based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, thirdparty mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts London, United Kingdom Gurgaon, India Hong Kong Greenwich, Connecticut Princeton, New Jersey Edinburgh, United Kingdom Sydney, Australia Taipei, Taiwan Singapore Sao Paulo, Brazil Philadelphia, Pennsylvania Washington, District of Columbia Toronto, Canada Wilmington, Delaware and San Francisco, California. Blackrock operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 19900 people.
BlackRock Investors Sentiment
The influence of BlackRock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in BlackRock. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to BlackRock's public news can be used to forecast risks associated with investment in BlackRock. The trend in average sentiment can be used to explain how an investor holding BlackRock can time the market purely based on public headlines and social activities around BlackRock. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
BlackRock's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BlackRock's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BlackRock's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BlackRock.
BlackRock Implied Volatility  33.81 
BlackRock's implied volatility exposes the market's sentiment of BlackRock stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BlackRock's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that BlackRock stock will not fluctuate a lot when BlackRock's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlackRock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlackRock's short interest history, or implied volatility extrapolated from BlackRock options trading.
Pair Trading with BlackRock
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with BlackRock
+  0.7  BGCP  BGC Partners  Aggressive Push  PairCorr  
+  0.9  C  Citigroup  Fiscal Year End 13th of January 2023  PairCorr  
+  0.68  CBSH  Commerce Bancshares  Split  PairCorr 
The ability to find closely correlated positions to BlackRock could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace BlackRock 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  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 to buy it.
The correlation of BlackRock is a statistical measure of how it moves in relation to other equities. 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock 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 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to BlackRock Piotroski F Score and BlackRock Valuation analysis. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for analysis
When running BlackRock price analysis, check to measure BlackRock'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 is operating at the current time. Most of BlackRock's value examination focuses on studying past and present price action to predict the probability of BlackRock's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BlackRock's price. Additionally, you may evaluate how the addition of BlackRock to your portfolios can decrease your overall portfolio volatility.
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Is BlackRock's industry 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. 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 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 YOY (0.15)  Market Capitalization 107.1 B  Quarterly Revenue Growth YOY (0.15)  Return On Assets 0.0307  Return On Equity 15.04 
The market value of BlackRock 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's value that differs from its market value or its book value, called intrinsic value, which is BlackRock'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's market value can be influenced by many factors that don't directly affect BlackRock'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's value and its price as these two are different measures arrived at by different means. Investors typically determine BlackRock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock'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.