HR Block Stock Market Value

HRB
 Stock
  

USD 43.71  0.79  1.84%   

HR Block's market value is the price at which a share of HR Block stock trades on a public exchange. It measures the collective expectations of HR Block investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of HR Block and determine expected loss or profit from investing in HR Block over a given investment horizon. Please check HR Block Correlation, HR Block Volatility and HR Block Alpha and Beta module to complement your research on HR Block.
Symbol


Is HR Block'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 HR Block. If investors know HR Block 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 HR Block 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
1.46
Market Capitalization
6.7 B
Quarterly Revenue Growth YOY
(0.07) 
Return On Assets
0.15
The market value of HR Block is measured differently than its book value, which is the value of HR Block that is recorded on the company's balance sheet. Investors also form their own opinion of HR Block's value that differs from its market value or its book value, called intrinsic value, which is HR Block'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 HR Block's market value can be influenced by many factors that don't directly affect HR Block'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 HR Block's value and its price as these two are different measures arrived at by different means. Investors typically determine HR Block value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Block'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.

HR 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 HR 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 HR Block.
0.00
01/04/2022
No Change 0.00  0.0 
In 10 months and 27 days
11/30/2022
0.00
If you would invest  0.00  in HR Block on January 4, 2022 and sell it all today you would earn a total of 0.00 from holding HR Block or generate 0.0% return on investment in HR Block over 330 days. HR Block is related to or competes with Aecom Technology, Accenture Plc, Booz Allen, Marsh Mclennan, Goldman Sachs, Patterson-Uti Energy, and Lasertec Corp. HR Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself tax return ... More

HR 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 HR 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 HR Block upside and downside potential and time the market with a certain degree of confidence.

HR Block Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HR Block's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HR Block's standard deviation. In reality, there are many statistical measures that can use HR Block historical prices to predict the future HR Block's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of HR Block'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. Please use the tools below to analyze the current value of HR Block in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
41.6843.6945.70
Details
Intrinsic
Valuation
LowReal ValueHigh
33.1835.1948.09
Details
Naive
Forecast
LowNext ValueHigh
43.1345.1447.14
Details
6 Analysts
Consensus
LowTarget PriceHigh
26.0027.6030.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HR Block. Your research has to be compared to or analyzed against HR Block's peers to derive any actionable benefits. When done correctly, HR Block's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in HR Block.

HR Block Backtested Returns

HR Block retains Efficiency (Sharpe Ratio) of -0.0087, which attests that the entity had -0.0087% of return per unit of price deviation over the last 3 months. Macroaxis outlook to determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. HR Block exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out HR Block standard deviation of 1.98, and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
The company owns a Beta (Systematic Risk) of 0.7319, which attests to possible diversification benefits within a given portfolio. Let's try to break down what HR Block's beta means in this case. As returns on the market increase, HR Block returns are expected to increase less than the market. However, during the bear market, the loss on holding HR Block will be expected to be smaller as well. Even though it is essential to pay attention to HR Block existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. HR Block exposes twenty-eight different technical indicators, which can help you to evaluate its performance. HR Block has an expected return of -0.0176%. Please be advised to check out HR Block treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside to decide if HR Block performance from the past will be repeated sooner or later.

Auto-correlation

    
  0.24  

Weak predictability

HR Block has weak predictability. Overlapping area represents the amount of predictability between HR Block time series from 4th of January 2022 to 18th of June 2022 and 18th of June 2022 to 30th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HR Block price movement. The serial correlation of 0.24 indicates that over 24.0% of current HR Block price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.36
Residual Average0.0
Price Variance12.58

HR Block lagged returns against current returns

Autocorrelation, which is HR 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 HR Block's stock expected returns. We can calculate the autocorrelation of HR Block returns to help us make a trade decision. For example, suppose you find that HR Block stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

HR 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 HR Block stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HR Block stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HR Block stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

HR Block Lagged Returns

When evaluating HR Block's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HR Block stock have on its future price. HR 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, HR Block autocorrelation shows the relationship between HR Block stock current value and its past values and can show if there is a momentum factor associated with investing in HR Block.
   Regressed Prices   
Share
       Timeline  

HR Block Investors Sentiment

The influence of HR Block's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in HR Block. The overall investor sentiment generally increases the direction of a stock movement in a one-year 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 HR Block's public news can be used to forecast risks associated with investment in HR Block. The trend in average sentiment can be used to explain how an investor holding HR Block can time the market purely based on public headlines and social activities around HR Block. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
HR Block'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 HR Block'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 HR Block's news discussions. The higher the estimated score, the more favorable is the investor's outlook on HR Block.

HR Block Implied Volatility

    
  18.46  
HR Block's implied volatility exposes the market's sentiment of HR Block stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if HR Block'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 HR Block stock will not fluctuate a lot when HR Block'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 HR Block 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, HR Block's short interest history, or implied volatility extrapolated from HR Block options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as HR Block using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check HR Block Correlation, HR Block Volatility and HR Block Alpha and Beta module to complement your research on HR Block. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for analysis

When running HR Block price analysis, check to measure HR 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 HR Block is operating at the current time. Most of HR Block's value examination focuses on studying past and present price action to predict the probability of HR Block's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HR Block's price. Additionally, you may evaluate how the addition of HR Block to your portfolios can decrease your overall portfolio volatility.
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HR Block 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.
A focus of HR Block technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HR Block trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...