Blackstone (Germany) Market Value
| BBN1 Stock | EUR 183.84 1.04 0.57% |
| Symbol | Blackstone |
Blackstone '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 Blackstone'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 Blackstone.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Blackstone on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Blackstone Group or generate 0.0% return on investment in Blackstone over 30 days. Blackstone is related to or competes with JAPAN TOBACCO, BRIT AMER, THAI BEVERAGE, LIFEWAY FOODS, and Warner Music. The Blackstone Group Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fun... More
Blackstone 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 Blackstone'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 Blackstone Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.2294 | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 5.06 |
Blackstone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackstone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackstone's standard deviation. In reality, there are many statistical measures that can use Blackstone historical prices to predict the future Blackstone's volatility.| Risk Adjusted Performance | 0.231 | |||
| Jensen Alpha | 0.4591 | |||
| Total Risk Alpha | 0.2653 | |||
| Sortino Ratio | 0.3185 | |||
| Treynor Ratio | 0.5679 |
Blackstone Group Backtested Returns
Blackstone appears to be very steady, given 3 months investment horizon. Blackstone Group secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of standard deviation over the last 3 months. By analyzing Blackstone's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Blackstone's risk adjusted performance of 0.231, and Mean Deviation of 1.47 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blackstone holds a performance score of 23. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Blackstone returns are very sensitive to returns on the market. As the market goes up or down, Blackstone is expected to follow. Please check Blackstone's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Blackstone's price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
Blackstone Group has good predictability. Overlapping area represents the amount of predictability between Blackstone time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blackstone Group price movement. The serial correlation of 0.74 indicates that around 74.0% of current Blackstone price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 44.24 |
Blackstone Group lagged returns against current returns
Autocorrelation, which is Blackstone 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 Blackstone's stock expected returns. We can calculate the autocorrelation of Blackstone returns to help us make a trade decision. For example, suppose you find that Blackstone 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Blackstone 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 Blackstone stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackstone stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackstone stock over time.
Current vs Lagged Prices |
| Timeline |
Blackstone Lagged Returns
When evaluating Blackstone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackstone stock have on its future price. Blackstone 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, Blackstone autocorrelation shows the relationship between Blackstone stock current value and its past values and can show if there is a momentum factor associated with investing in Blackstone Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Blackstone Stock
When determining whether Blackstone Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blackstone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackstone Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackstone Group Stock:Check out Blackstone Correlation, Blackstone Volatility and Blackstone Alpha and Beta module to complement your research on Blackstone. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Blackstone 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.