Blackstone Group Probability of Target Price Finishing Above 33.56

The Blackstone Group L P -- USA Stock  

USD 35.39  0.86  2.49%

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
 Time Horizon     30 Days    Login   to change
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Blackstone Group Target Price Odds to finish below 33.56

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 35.39 30 days 33.56  about 20.94% about 78.79%
Based on normal probability distribution, the odds of Blackstone Group to drop to $ 33.56  or more in 30 days from now is about 78.79%. Probability of The Blackstone Group price to stay between $ 33.56  and its current price of $35.39 at the end of the 30-day period is about 20.5%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.0858 . 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 an alpha of 0.20298425283636362 implying that it can potentially generate 0.20298425283636362% excess return over DOW after adjusting for the inherited market risk (beta).
Odds to drop to $ 33.56  or more in 30 days
 Blackstone Group Price Density 
Current Price   Target Price   
Alpha over DOW
Beta against DOW=1.09
Overall volatility
Information ratio =0.19