Blackstone Group Probability of Target Price

The Blackstone Group L P -- USA Stock  

USD 34.72  0.26  0.75%

Blackstone Group probability of target price tool provides mechanism to make assumptions about upside and downside potential of The Blackstone Group L P performance during a given time horizon utilizing its historical volatility. Please specify Blackstone Group time horizon, a valid symbol (red box) and a target price (blue box) you would like Blackstone Group odds to be computed. Check also Blackstone Group Backtesting, Blackstone Group Valuation, Blackstone Group Correlation, Blackstone Group Hype Analysis, Blackstone Group Volatility, Blackstone Group History as well as Blackstone Group Performance
Investment Horizon     30 Days    Login   to change
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Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 34.72 30 days 33.56  about 23.94% about 75.37%
Based on normal probability distribution, the odds of Blackstone Group to drop to $ 33.56  or more in 30 days from now is about 75.37%. Probability of The Blackstone Group price to stay between $ 33.56  and its current price of $34.72 at the end of the 30-day period is about 23.93%.
Allowing for the 30-days total investment horizon, Blackstone Group has beta of 0.5623 . 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. Additionally The Blackstone Group L P has an alpha of 0.12698378472272726 implying that it can potentially generate 0.12698378472272726% excess return over DOW after adjusting for the inherited market risk (beta).
75.0%
Odds to drop to $ 33.56  or more in 30 days
 Blackstone Group Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.13
βBeta against DOW=0.56
σ
Overall volatility
=0.39
 IrInformation ratio =0.059216