Blackstone Group Stock Piotroski F Score
BX Stock  USD 121.17 2.30 1.86% 
Blackstone  Piotroski F Score 
At this time, it appears that Blackstone's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski FScore model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient longterm portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score  Strong
Current Return On Assets  Positive  Focus 
Change in Return on Assets  Increased  Focus 
Cash Flow Return on Assets  Positive  Focus 
Current Quality of Earnings (accrual)  Improving  Focus 
Asset Turnover Growth  Decrease  Focus 
Current Ratio Change  Decrease  Focus 
Long Term Debt Over Assets Change  Lower Leverage  Focus 
Change In Outstending Shares  Decrease  Focus 
Change in Gross Margin  Increase  Focus 
Blackstone Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Blackstone is to make sure Blackstone is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Blackstone's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Blackstone's financial numbers are properly reported.
Current Value  Last Year  Change From Last Year  10 Year Trend  

Asset Turnover  0.15  0.1907 

 
Gross Profit Margin  1.02  0.9671 

 
Total Current Liabilities  2.3 B  2.4 B 

 
Non Current Liabilities Total  23.3 B  22.2 B 

 
Total Assets  27.8 B  40.3 B 

 
Total Current Assets  5.8 B  3 B 


Blackstone Group F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Blackstone's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Blackstone in a muchoptimized way.
Click cells to compare fundamentals
About Blackstone Piotroski F Score
FScore is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his FScore binary model can help to predict the performance of low pricetobook stocks.Pretax Profit Margin 

Blackstone Current Valuation Drivers
We derive many important indicators used in calculating different scores of Blackstone from analyzing Blackstone's financial statements. These drivers represent accounts that assess Blackstone's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Blackstone's important valuation drivers and their relationship over time.
2019  2020  2021  2022  2023  2024 (projected)  
Market Cap  37.8B  45.2B  93.1B  54.9B  98.9B  103.8B  
Enterprise Value  47.4B  49.5B  99.7B  64.2B  107.9B  113.3B 
Blackstone ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Blackstone's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Blackstone's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
About Blackstone Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackstone Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackstone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackstone Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Blackstone
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackstone Stock
0.64  V  Visa Class A Earnings Call This Week  PairCorr 
0.66  BK  Bank of New York Earnings Call Today  PairCorr 
Moving against Blackstone Stock
0.57  AC  Associated Capital  PairCorr 
0.41  DHIL  Diamond Hill Investment  PairCorr 
The ability to find closely correlated positions to Blackstone could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Blackstone 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  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 Group to buy it.
The correlation of Blackstone 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackstone Group 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 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Check out Blackstone Altman Z Score, Blackstone Correlation, Blackstone Valuation, as well as analyze Blackstone Alpha and Beta and Blackstone Hype Analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Blackstone Stock analysis
When running Blackstone's price analysis, check to measure Blackstone'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 is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to predict the probability of Blackstone'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's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.
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Is Blackstone'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. 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 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 (0.73)  Dividend Share 3.35  Earnings Share 1.84  Revenue Per Share 10.175  Quarterly Revenue Growth (0.30) 
The market value of Blackstone Group 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's value that differs from its market value or its book value, called intrinsic value, which is Blackstone'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's market value can be influenced by many factors that don't directly affect Blackstone'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone'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.