Blackstonegso Long Short Credit Fund Market Value
| XXBGX Fund | USD 13.42 0.02 0.15% |
| Symbol | Blackstonegso |
Please note, there is a significant difference between Blackstonegso Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstonegso Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstonegso Long'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.
Blackstonegso Long '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 Blackstonegso Long'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 Blackstonegso Long.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Blackstonegso Long on October 13, 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 Blackstonegso Long over 60 days. Blackstonegso Long is related to or competes with Locorr Dynamic, Us Strategic, Touchstone International, Artisan Select, Dreyfusnewton International, Ab Select, and Qs Global. Blackstonegso Long is entity of United States More
Blackstonegso Long 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 Blackstonegso Long'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.
| Downside Deviation | 0.5196 | |||
| Information Ratio | (0.64) | |||
| Maximum Drawdown | 1.04 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.15 |
Blackstonegso Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackstonegso Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackstonegso Long's standard deviation. In reality, there are many statistical measures that can use Blackstonegso Long historical prices to predict the future Blackstonegso Long's volatility.| Risk Adjusted Performance | 0.0161 | |||
| Jensen Alpha | 0.0013 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 1.24 |
Blackstonegso Long Backtested Returns
At this stage we consider Blackstonegso Mutual Fund to be very steady. Blackstonegso Long secures Sharpe Ratio (or Efficiency) of 0.0601, which signifies that the fund had a 0.0601% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Blackstonegso Long Short Credit, which you can use to evaluate the volatility of the entity. Please confirm Blackstonegso Long's mean deviation of 0.089, and Risk Adjusted Performance of 0.0161 to double-check if the risk estimate we provide is consistent with the expected return of 0.0108%. The fund shows a Beta (market volatility) of 0.0012, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackstonegso Long's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackstonegso Long is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Blackstonegso Long Short Credit has average predictability. Overlapping area represents the amount of predictability between Blackstonegso Long time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th of December 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 Blackstonegso Long price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Blackstonegso Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackstonegso Long lagged returns against current returns
Autocorrelation, which is Blackstonegso Long 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 Blackstonegso Long's mutual fund expected returns. We can calculate the autocorrelation of Blackstonegso Long returns to help us make a trade decision. For example, suppose you find that Blackstonegso Long 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 |
Blackstonegso Long 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 Blackstonegso Long mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackstonegso Long mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackstonegso Long mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blackstonegso Long Lagged Returns
When evaluating Blackstonegso Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackstonegso Long mutual fund have on its future price. Blackstonegso Long 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, Blackstonegso Long autocorrelation shows the relationship between Blackstonegso Long 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 |
Also Currently Popular
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 Blackstonegso Mutual Fund
Blackstonegso Long financial ratios help investors to determine whether Blackstonegso 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 Blackstonegso with respect to the benefits of owning Blackstonegso Long security.
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