A noninvasive blood measurement platform may be used to determine the amounts of various constituents of the blood based on the bulk absorption characteristics of the blood. The platform may measure bulk absorption of energy such as, a broad-spectrum light, to determine maximum and minimum blood volumes. The platform may measure bulk absorption of energy at the maximum and minimum blood volumes. The bulk absorption measurements may be transformed using a transformation operation to determine bulk absorption characteristics in terms of frequency and/or wavelength. A time-varying component of the bulk absorption characteristics may be derived by comparing the bulk absorption characteristics at the maximum blood volume to the bulk absorption characteristics at the minimum blood volume. Multivariate analysis may be performed on the time-varying component to determine the amount of the one or more constituents of the blood.