Blackstone Group Stock Market Value
| BX Stock | USD 199.05 5.04 2.60% |
| Symbol | Blackstone |
Blackstone Group Price To Book Ratio
Is Asset Management & Custody Banks space 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 Blackstone. If investors know Blackstone 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 Blackstone 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 0.396 | Dividend Share 3.45 | Earnings Share 2.91 | Revenue Per Share 14.505 | Quarterly Revenue Growth 0.541 |
The market value of Blackstone Group is measured differently than its book value, which is the value of Blackstone that is recorded on the company's balance sheet. Investors also form their own opinion of Blackstone's value that differs from its market value or its book value, called intrinsic value, which is Blackstone'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 Blackstone's market value can be influenced by many factors that don't directly affect Blackstone'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 Blackstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone'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.
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.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Blackstone on November 30, 2023 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 360 days. Blackstone is related to or competes with PowerUp Acquisition, Aurora Innovation, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, and Thrivent High. Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solution... 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 | 1.31 | |||
| Information Ratio | 0.2788 | |||
| Maximum Drawdown | 8.48 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 3.33 |
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 | 0.2772 | |||
| Jensen Alpha | 0.4145 | |||
| Total Risk Alpha | 0.3314 | |||
| Sortino Ratio | 0.3682 | |||
| Treynor Ratio | 0.3837 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackstone'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.
Blackstone Group Backtested Returns
Blackstone appears to be very steady, given 3 months investment horizon. Blackstone Group secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the company had a 0.32% 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 0.54% is justified by implied risk. Please makes use of Blackstone's mean deviation of 1.33, and Risk Adjusted Performance of 0.2772 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 25. The firm shows a Beta (market volatility) of 1.58, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blackstone will likely underperform. Please check Blackstone's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Blackstone's price patterns will revert.
Auto-correlation | 0.24 |
Weak predictability
Blackstone Group has weak predictability. Overlapping area represents the amount of predictability between Blackstone time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 0.24 indicates that over 24.0% of current Blackstone price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 364.84 |
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 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Blackstone Stock Analysis
When running Blackstone's price analysis, check to measure Blackstone'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 Blackstone is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to predict the probability of Blackstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.