minuit.fund

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BLK

HOLD

BlackRock, Inc.

NYSE · Financial Services · Asset Management

Prix analyse

1 062,4 USD

2026-09-10

Prix

—

Position

BLK

Quantité

1,5

Valeur

1 396 €

% NAV

0.29 %

PnL

107 €

Mark

1 079,65

Action

Narrative undervaluation intact vs Sep 7 price_ref; spot softer. Still markets-beta in a leveraged book into CPI — hold, no add; trim only if overweight.

Stance

cautiously_bullish

Conviction

medium

Horizon

12 mois / event CPI-FOMC

Entrée

neutral_reclaim_watch

Zone

947.21 – 1061.55

Stop / invalidation

988.03

Take profit

1211.14

Confiance

low

Prix > SMA200 mais < SMA50 (1093.86): attendre reclaim SMA50 ou support 20j. Stop-loss relevé à 988.03 (max(structurel 947.21, spot×0.93=988.03)). Take-profit=1…

Prix > SMA200 mais < SMA50 (1093.86): attendre reclaim SMA50 ou support 20j. Stop-loss relevé à 988.03 (max(structurel 947.21, spot×0.93=988.03)). Take-profit=1211.14 (médiane rr/tech/fair, k=2 (UV SWS 14.9%), clamp R:R [1–3]).

Narrative

Migration depuis pack-rest / holdings-pack (provisional_public_sws, credit_used=false). Flag portefeuille: hold. SWS undervalued_pct=14.9 (FV=1318.96, price_ref=1122.29). Narrative undervaluation intact vs Sep 7 price_ref; spot softer. Still markets-beta in a leveraged book into CPI — hold, no add; trim only if overweight.

SWS

—

Fair value

1318.96

Undervalued %

14.9 %

P/E

—

EV/EBITDA

—

Ouvrir SWS →

TA

neutral_reclaim_watch

RSI

35.28

SMA20

1136.84

SMA50

1093.86

SMA200

1048.75

Dist. SMA50

-2.88 %

Dist. SMA200

1.30 %

Supports

1061.55 · 947.21

Résistances

1187.17 · 1093.86

Bull

Popular SWS narrative FV ~$1,319 still above recent/spot prices

  • Popular SWS narrative FV ~$1,319 still above recent/spot prices
  • Alts, tech platform, and ETF distribution scale support long-term fee franchise

Bear

Markets/AUM beta — fee pools and flows sensitive to risk-off and CPI volatility

  • Markets/AUM beta — fee pools and flows sensitive to risk-off and CPI volatility
  • Fee pressure / operating-leverage debate after Q2 commentary
  • PE above fair-ratio/peers in SWS commentary despite narrative discount

Risques

  • Markets/AUM beta — fee pools and flows sensitive to risk-off and CPI volatilityhigh

    Markets/AUM beta — fee pools and flows sensitive to risk-off and CPI volatility

  • Fee pressure / operating-leverage debate after Q2 commentaryhigh

    Fee pressure / operating-leverage debate after Q2 commentary

  • PE above fair-ratio/peers in SWS commentary despite narrative discountmedium

    PE above fair-ratio/peers in SWS commentary despite narrative discount

Opportunités

  • Popular SWS narrative FV ~$1,319 still above recent/spot pricesmedium

    Popular SWS narrative FV ~$1,319 still above recent/spot prices

  • Alts, tech platform, and ETF distribution scale support long-term fee franchisemedium

    Alts, tech platform, and ETF distribution scale support long-term fee franchise

News

Alertes

  • medMarkets/AUM beta — fee pools and flows sensitive to risk-off and CPI volatility in a leveraged book.
  • lowSWS popular narrative ~14.9% undervalued (FV $1,318.96 vs price_ref $1,122.29 as of 2026-09-07); spot ~$1,062.60 on 2026-09-10.
  • medFee pressure / operating-leverage debate after Q2 commentary; PE above fair-ratio/peers in SWS commentary despite narrative discount.

Risques

Book: high

—

Contexte book : Book levier 2.72× (stock 484983.91 € / NAV 178315.03 €, cash -306416.16 €) avec EL estimée 58959.39 € — au-dessus des seuils 40 k€ / 25 k€, donc pas Critique EL, mais buffer mince pour une semaine Oman + FOMC. Sentiment pouls = peur (score 32). Trois poches dominantes : CSPX 71.6 % NAV (CAPE ~40,98), BTCWUSD 40.7 % NAV (vol ~40 %), RDDT 30.0 % NAV sous SMA50/SMA200. Risques macro pouls Élevé : pétrole/Hormuz/pipeline Est-Ouest, Fed hike ~87 % +25 pb, inflation sticky (core +0,3 % m/m). Consigne : freeze adds jusqu’après FOMC ; ne pas tailler BTCW pour le P&L FIFO ; CSPX = levier de liquidité seulement si EL menacée.

Surveillance

  • CPI/FOMC
  • écart spot vs FV SWS
  • levier/EL IBKR