Blackstone Gso Correlations

BSL Fund

USD 14.26 0.01 0.07%

The current 90-days correlation between Blackstone Gso Senior and Apollo Senior Floating is -0.08 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackstone Gso moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackstone Gso Senior moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Blackstone Gso Correlation With Market

Average diversification

The correlation between Blackstone Gso Senior and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blackstone Gso Senior and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Gso Senior. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Blackstone Fund

0.71	VTSAX	Vanguard Total Stock	Pair Corr
0.71	VFIAX	Vanguard 500 Index	Pair Corr
0.73	VTSMX	Vanguard Total Stock	Pair Corr
0.73	VITSX	Vanguard Total Stock	Pair Corr
0.73	VSTSX	Vanguard Total Stock	Pair Corr
0.73	VSMPX	Vanguard Total Stock	Pair Corr
0.73	VFINX	Vanguard 500 Index	Pair Corr
0.74	VFFSX	Vanguard 500 Index	Pair Corr
0.64	CCHYX	Calamos High Income	Pair Corr
0.83	HSUAX	Rational Defensive Growth	Pair Corr
0.89	JAMFX	Jacob Internet	Pair Corr
0.84	NFRFX	Nuveen Symphony Floating	Pair Corr
0.83	ENTIX	Entrepreneurshares	Pair Corr
0.65	TIHPX	Tiaa Cref High	Pair Corr
0.83	CLM	Cornerstone Strategic	Pair Corr
0.86	QLEIX	Aqr Long Short	Pair Corr
0.68	RYIFX	Guggenheim Managed	Pair Corr
0.68	PSHCX	Pioneer Short Term	Pair Corr
0.67	PTY	Pimco Corporate Income	Pair Corr
0.73	HWHAX	Hotchkis Wiley High	Pair Corr
0.82	LWHIX	Western Asset Short	Pair Corr
0.68	GSSRX	Goldman Sachs Short	Pair Corr

Moving against Blackstone Fund

0.81	KF	Korea Closed	Pair Corr
0.63	VTIAX	Vanguard Total Inter	Pair Corr
0.58	VGTSX	Vanguard Total Inter	Pair Corr
0.58	CAF	Morgan Stanley China	Pair Corr
0.52	AEF	Abrdn Emerging Markets	Pair Corr
0.55	CHN	China Fund	Pair Corr

Related Correlations Analysis

	AFT	FAM	BGX	FSD	FCT	NSL	JRO	EVF	BGB	BGT
AFT		0.74	0.61	0.87	0.73	0.4	0.2	0.55	0.53	0.23	AFT
FAM	0.74		0.58	0.85	0.76	0.63	0.49	0.27	0.45	0.1	FAM
BGX	0.61	0.58		0.7	0.83	0.4	0.27	0.64	0.91	0.68	BGX
FSD	0.87	0.85	0.7		0.82	0.62	0.42	0.41	0.6	0.32	FSD
FCT	0.73	0.76	0.83	0.82		0.61	0.47	0.47	0.79	0.46	FCT
NSL	0.4	0.63	0.4	0.62	0.61		0.95	-0.02	0.38	0.02	NSL
JRO	0.2	0.49	0.27	0.42	0.47	0.95		-0.12	0.28	-0.09	JRO
EVF	0.55	0.27	0.64	0.41	0.47	-0.02	-0.12		0.67	0.44	EVF
BGB	0.53	0.45	0.91	0.6	0.79	0.38	0.28	0.67		0.7	BGB
BGT	0.23	0.1	0.68	0.32	0.46	0.02	-0.09	0.44	0.7		BGT
	AFT	FAM	BGX	FSD	FCT	NSL	JRO	EVF	BGB	BGT

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

JRO	+ 0.95	NSL
BGB	+ 0.91	BGX
FSD	+ 0.87	AFT
FSD	+ 0.85	FAM
FCT	+ 0.83	BGX
FCT	+ 0.82	FSD

High negative correlations

EVF	- 0.12	JRO
BGT	- 0.09	JRO
EVF	- 0.02	NSL

Risk-Adjusted Indicators

There is a big difference between Blackstone Fund performing well and Blackstone Gso Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Blackstone Gso's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AFT	0.61	0.14	0.15	(1.16)	0.72	(0.67)	1.35	(1.65)	4.04
FAM	0.55	0.10	0.13	(1.11)	0.61	(0.65)	1.10	(1.06)	3.16
BGX	0.53	0.02	0.03	0.20	0.79	(0.52)	0.94	(1.09)	4.24
FSD	0.46	0.14	0.23	(2.50)	0.41	(0.54)	1.07	(0.77)	3.17
FCT	0.48	0.04	0.07	0.33	0.48	(0.56)	1.00	(0.90)	3.32
NSL	0.45	0.02	0.04	0.12	0.49	(0.56)	0.90	(1.09)	2.24
JRO	0.48	0.01	0.01	0.03	0.72	(0.45)	0.92	(1.17)	2.86
EVF	0.32	0.01	0.03	0.17	0.37	(0.36)	0.49	(0.65)	2.12
BGB	0.43	0.02	0.03	0.11	0.54	(0.44)	0.82	(0.89)	3.11
BGT	0.57	(0.01)	(0.01)	(0.05)	0.79	(0.61)	1.03	(1.25)	4.09

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