Macroaxis considers Blackstone Group not too risky given 1 month investment horizon. The Blackstone Group secures Sharpe Ratio (or Efficiency) of 0.2995 which signifies that The Blackstone Group had 0.2995% 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 makes use of The Blackstone Group Mean Deviation of 0.9745, Risk Adjusted Performance of 0.1618 and Semi Deviation of 0.2787 to double-check if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
Blackstone Group Market Sensitivity
|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.One Month Beta |Analyze The Blackstone Group Demand TrendCheck current 30 days Blackstone Group correlation with market (DOW)|
β = 0.7768
The Blackstone Group Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Blackstone Group has beta of 0.7768 . This suggests as returns on market go up, Blackstone Group average returns are expected to increase less than the benchmark. However during bear market, the loss on holding The Blackstone Group L P will be expected to be much smaller as well. Moreover, The Blackstone Group L P has an alpha of 0.2229 implying that it can potentially generate 0.2229% excess return over DOW after adjusting for the inherited market risk (beta).
Allowing for the 30-days total investment horizon, the coefficient of variation of Blackstone Group is 333.92. The daily returns are destributed with a variance of 1.18 and standard deviation of 1.09. The mean deviation of The Blackstone Group L P is currently at 0.94. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44