Blackstone Mortgage Trust Stock Market Value
| BXMT Stock | USD 17.07 0.60 3.40% |
| Symbol | Blackstone |
Blackstone Mortgage Trust Price To Book Ratio
Is Blackstone Mortgage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackstone Mortgage. If investors know Blackstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackstone Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Dividend Share 2.48 | Earnings Share 0.04 | Revenue Per Share 0.948 | Quarterly Revenue Growth 15.955 |
The market value of Blackstone Mortgage Trust is measured differently than its book value, which is the value of Blackstone that is recorded on the company's balance sheet. Investors also form their own opinion of Blackstone Mortgage's value that differs from its market value or its book value, called intrinsic value, which is Blackstone Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackstone Mortgage's market value can be influenced by many factors that don't directly affect Blackstone Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackstone Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Blackstone Mortgage 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Blackstone Mortgage's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Blackstone Mortgage.
| 11/26/2023 |
| 05/24/2024 |
If you would invest 0.00 in Blackstone Mortgage on November 26, 2023 and sell it all today you would earn a total of 0.00 from holding Blackstone Mortgage Trust or generate 0.0% return on investment in Blackstone Mortgage over 180 days. Blackstone Mortgage is related to or competes with Two Harbors, Chimera Investment, Orchid Island, and New York. Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial pro... More
Blackstone Mortgage Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Blackstone Mortgage's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Blackstone Mortgage Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.56 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 2.06 |
Blackstone Mortgage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackstone Mortgage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackstone Mortgage's standard deviation. In reality, there are many statistical measures that can use Blackstone Mortgage historical prices to predict the future Blackstone Mortgage's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackstone Mortgage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blackstone Mortgage Trust Backtested Returns
Blackstone Mortgage Trust secures Sharpe Ratio (or Efficiency) of -0.0867, which signifies that the company had a -0.0867% return per unit of standard deviation over the last 3 months. Blackstone Mortgage Trust exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackstone Mortgage's mean deviation of 1.27, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.44, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blackstone Mortgage will likely underperform. Blackstone Mortgage Trust has an expected return of -0.15%. Please make sure to confirm Blackstone Mortgage Trust jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Blackstone Mortgage Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Blackstone Mortgage Trust has good predictability. Overlapping area represents the amount of predictability between Blackstone Mortgage time series from 26th of November 2023 to 24th of February 2024 and 24th of February 2024 to 24th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blackstone Mortgage Trust price movement. The serial correlation of 0.77 indicates that around 77.0% of current Blackstone Mortgage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Blackstone Mortgage Trust lagged returns against current returns
Autocorrelation, which is Blackstone Mortgage stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Blackstone Mortgage's stock expected returns. We can calculate the autocorrelation of Blackstone Mortgage returns to help us make a trade decision. For example, suppose you find that Blackstone Mortgage has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Blackstone Mortgage regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Blackstone Mortgage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackstone Mortgage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackstone Mortgage stock over time.
Current vs Lagged Prices |
| Timeline |
Blackstone Mortgage Lagged Returns
When evaluating Blackstone Mortgage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackstone Mortgage stock have on its future price. Blackstone Mortgage autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Blackstone Mortgage autocorrelation shows the relationship between Blackstone Mortgage stock current value and its past values and can show if there is a momentum factor associated with investing in Blackstone Mortgage Trust.
Regressed Prices |
| Timeline |
Pair Trading with Blackstone Mortgage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackstone Mortgage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackstone Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackstone Stock
| 0.61 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
Moving against Blackstone Stock
| 0.68 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.68 | RM | Regional Management Corp | PairCorr |
| 0.65 | DB | Deutsche Bank AG Sell-off Trend | PairCorr |
| 0.65 | SF | Stifel Financial Earnings Call This Week | PairCorr |
| 0.54 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
The ability to find closely correlated positions to Blackstone Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackstone Mortgage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackstone Mortgage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackstone Mortgage Trust to buy it.
The correlation of Blackstone Mortgage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackstone Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackstone Mortgage Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackstone Mortgage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Blackstone Mortgage Correlation, Blackstone Mortgage Volatility and Blackstone Mortgage Alpha and Beta module to complement your research on Blackstone Mortgage. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Blackstone Stock analysis
When running Blackstone Mortgage's price analysis, check to measure Blackstone Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackstone Mortgage is operating at the current time. Most of Blackstone Mortgage's value examination focuses on studying past and present price action to predict the probability of Blackstone Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone Mortgage's price. Additionally, you may evaluate how the addition of Blackstone Mortgage to your portfolios can decrease your overall portfolio volatility.
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Blackstone Mortgage technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.