Blackstone Group Backtesting

The Blackstone Group L P -- USA Stock  

USD 33.26  0.33  1%

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
Investment Horizon     30 Days    Login   to change
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Backtest

Blackstone Group 'What if' Analysis

September 16, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 16, 2017
 0.00 
If you would invest  0.00  in Blackstone Group on September 16, 2017 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 firm also offer financial advisory services to its clients

Blackstone Group Upside/Downside Indicators

  

Blackstone Group Market Premium Indicators

The Blackstone Group lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Blackstone Group regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

The Blackstone Group Backtested Returns

We consider Blackstone Group not too risky. The Blackstone Group secures Sharpe Ratio (or Efficiency) of 0.1622 which signifies that The Blackstone Group had 0.1622% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for The Blackstone Group L P which you can use to evaluate future volatility of the firm. Please confirm The Blackstone Group Mean Deviation of 0.5269, Risk Adjusted Performance of 0.0532 and Semi Deviation of 0.4279 to double-check if risk estimate we provide are consistent with the epected return of 0.1085%. Blackstone Group has performance score of 11 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.071 which signifies that as returns on market increase, Blackstone Group returns are expected to increase less than the market. However during bear market, the loss on holding Blackstone Group will be expected to be smaller as well.. Although it is extremely important to respect The Blackstone Group historical returns, it is better to be realistic regarding the information on equity current trending patternss. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing The Blackstone Group technical indicators you can presently evaluate if the expected return of 0.1085% will be sustainable into the future. The Blackstone Group right now shows a risk of 0.6688%. Please confirm The Blackstone Group Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if The Blackstone Group will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.25) 

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 September 16, 2017 to October 1, 2017 and October 1, 2017 to October 16, 2017. 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 -0.25 indicates that over 25.0% 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 -0.25
Spearman Rank Test -0.3
Price Variance 0.05
Lagged Price Variance 0.11

Blackstone Group Lagged Returns

 Regressed Prices 
      Timeline 

Blackstone Group Performance vs DOW

The median price of Blackstone Group for the period between Sat, Sep 16, 2017 and Mon, Oct 16, 2017 is 33.13 with a coefficient of variation of 1.14. The daily time series for the period is distributed with a sample standard deviation of 0.38, arithmetic mean of 33.03, and mean deviation of 0.3. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline