Blackstonegso Long Short Credit Fund Market Value
| XXBGX Fund | USD 13.29 0.01 0.08% |
| Symbol | Blackstone/gso |
Please note, there is a significant difference between Blackstone/gso Long-short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone/gso Long-short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone/gso Long-short'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/gso Long-short '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/gso Long-short's mutual fund 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/gso Long-short.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Blackstone/gso Long-short on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Blackstonegso Long Short Credit or generate 0.0% return on investment in Blackstone/gso Long-short over 150 days. Blackstone/gso Long-short is related to or competes with Simt High, Calvert High, Msift High, Buffalo High, Jpmorgan High, and Dunham High. Blackstonegso Long-short is entity of United States More
Blackstone/gso Long-short 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/gso Long-short's mutual fund 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 Blackstonegso Long Short Credit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.64 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.1502 |
Blackstone/gso Long-short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackstone/gso Long-short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackstone/gso Long-short's standard deviation. In reality, there are many statistical measures that can use Blackstone/gso Long-short historical prices to predict the future Blackstone/gso Long-short's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.7419 |
Blackstone/gso Long-short Backtested Returns
Blackstone/gso Long-short secures Sharpe Ratio (or Efficiency) of -0.0157, which signifies that the fund had a -0.0157 % return per unit of standard deviation over the last 3 months. Blackstonegso Long Short Credit exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackstone/gso Long-short's mean deviation of 0.1142, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0345, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blackstone/gso Long-short are expected to decrease at a much lower rate. During the bear market, Blackstone/gso Long-short is likely to outperform the market.
Auto-correlation | -0.49 |
Modest reverse predictability
Blackstonegso Long Short Credit has modest reverse predictability. Overlapping area represents the amount of predictability between Blackstone/gso Long-short time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. 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/gso Long-short price movement. The serial correlation of -0.49 indicates that about 49.0% of current Blackstone/gso Long-short price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Blackstone/gso Long-short lagged returns against current returns
Autocorrelation, which is Blackstone/gso Long-short mutual fund'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/gso Long-short's mutual fund expected returns. We can calculate the autocorrelation of Blackstone/gso Long-short returns to help us make a trade decision. For example, suppose you find that Blackstone/gso Long-short has exhibited high autocorrelation historically, and you observe that the mutual fund 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/gso Long-short 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/gso Long-short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackstone/gso Long-short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackstone/gso Long-short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackstone/gso Long-short Lagged Returns
When evaluating Blackstone/gso Long-short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackstone/gso Long-short mutual fund have on its future price. Blackstone/gso Long-short 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/gso Long-short autocorrelation shows the relationship between Blackstone/gso Long-short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blackstonegso Long Short Credit.
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.Other Information on Investing in Blackstone/gso Mutual Fund
Blackstone/gso Long-short financial ratios help investors to determine whether Blackstone/gso Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackstone/gso with respect to the benefits of owning Blackstone/gso Long-short security.
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