We consider Blackstone Group not too risky. The Blackstone Group secures Sharpe Ratio (or Efficiency) of 0.13 which signifies that The Blackstone Group had 0.13% 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-six 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 0.6459, Risk Adjusted Performance of 0.0248 and Semi Deviation of 0.8308 to double-check if risk estimate we provide are consistent with the epected return of 0.104%.
|Investment Horizon||30 Days Login to change|
Blackstone Group Market Sensitivity
|Blackstone Group returns are very sensitive to returns on the market. As market goes up or down, Blackstone Group is expected to follow.One Month Beta |Analyze The Blackstone Group Demand TrendCheck current 30 days Blackstone Group correlation with market (DOW)|
β = 0.8609
The Blackstone Group Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Blackstone Group has beta of 0.8609 . This suggests The Blackstone Group L P market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Blackstone Group is expected to follow. Additionally, The Blackstone Group L P has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Allowing for the 30-days total investment horizon, the coefficient of variation of Blackstone Group is 769.39. The daily returns are destributed with a variance of 0.64 and standard deviation of 0.8. The mean deviation of The Blackstone Group L P is currently at 0.58. For similar time horizon, the selected benchmark (DOW) has volatility of 0.49