Blackstone Group Backtesting

The Blackstone Group L P -- USA Stock  

USD 34.04  0.22  0.64%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of The Blackstone Group L P and determine expected loss or profit from investing in Blackstone Group over given investment horizon. Check also Blackstone Group Hype Analysis, Blackstone Group Correlation, Blackstone Group Valuation, Blackstone Group Volatility as well as analyze Blackstone Group Alpha and Beta and Blackstone Group Performance
 Time Horizon     30 Days    Login   to change

Blackstone Group 'What if' Analysis

January 25, 2018
No Change 0.00  0.0%
In 31 days
February 24, 2018
If you would invest  0.00  in Blackstone Group on January 25, 2018 and sell it all today you would earn a total of 0.00 from holding The Blackstone Group L P or generate 0.0% return on investment in Blackstone Group over 30 days. Blackstone Group is related to or competes with Carlyle Group, Legg Mason, Mastercard Incorporated, Stifel Financial, and Western Union. The Blackstone Group L.P. is a publicly owned hedge fund sponsor

Blackstone Group Upside/Downside Indicators


Blackstone Group Market Premium Indicators

The Blackstone Group lagged returns against current returns

 Current and Lagged Values 

Blackstone Group regressed lagged prices vs. current prices

 Current vs Lagged Prices 

The Blackstone Group Backtested Returns

Macroaxis considers Blackstone Group to be not too volatile. The Blackstone Group secures Sharpe Ratio (or Efficiency) of -0.1701 which signifies that The Blackstone Group had -0.1701% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. The Blackstone Group L P exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm The Blackstone Group Mean Deviation of 1.23 and Risk Adjusted Performance of 0.25 to double-check risk estimate we provide. Macroaxis gives Blackstone Group performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.3335 which signifies that as returns on market increase, returns on owning Blackstone Group are expected to decrease at a much smaller rate. During bear market, Blackstone Group is likely to outperform the market.. Even though it is essential to pay attention to The Blackstone Group historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. The Blackstone Group L P exposes twenty-one different technical indicators which can help you to evaluate its performance. The Blackstone Group has expected return of -0.2695%. Please be advised to confirm The Blackstone Group Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if The Blackstone Group past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.30) 

Weak reverse predictability

The Blackstone Group L P has weak reverse predictability. Overlapping area represents the amount of predictability between Blackstone Group time series from January 25, 2018 to February 9, 2018 and February 9, 2018 to February 24, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Blackstone Group price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Blackstone Group price fluctuation can be explain by its past prices. Given that The Blackstone Group L P has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Blackstone Group for similar time interval.
Correlation Coefficient -0.3
Spearman Rank Test -0.66
Price Variance 0.26
Lagged Price Variance 0.75

Blackstone Group Lagged Returns

 Regressed Prices 

Blackstone Group Performance vs DOW

The median price of Blackstone Group for the period between Thu, Jan 25, 2018 and Sat, Feb 24, 2018 is 34.65 with a coefficient of variation of 3.42. The daily time series for the period is distributed with a sample standard deviation of 1.19, arithmetic mean of 34.87, and mean deviation of 1.02. The Stock received some media coverage during the period.
February 9, 2018Blackstone Group Dividend Paid
Price Growth (%)  
Acquisition by John Finley of 11578 shares of Blackstone Gro...02/23/2018