Score 9 (out of 10): BLACKSTONE INC poised to seasonally rally by +9.8% during the next 30 days.

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What’s Going On Here?

BLACKSTONE’s share price tends to do well in January. The investment management company focuses on real estate, hedge funds, private equity, leveraged lending and rescue financing. In 2021, Blackstone’s shares have been up almost +100%.

Why Now?

BLACKSTONE INC indicates an interesting 30 days seasonal set up. During similar occasions, BLACKSTONE INC shares had a median return of +9.8% – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for BLACKSTONE INC received a high score of 9 (out of 10). This insight was generated with last price of 128.5.

What’s This Company About?

BLACKSTONE INC is in the Private Equity business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 17.4% more (average). Ticker symbol: BX US.

What’s My Risk / Reward and Time Horizon?

We found 30 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 141.05 (+9.8%) has been reached. Based on BLACKSTONE INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 116.6 (last price at 128.5), which is equivalent to a -9.3% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

9.5% (December-2021), 9% (December-2020), 9.8% (December-2019), 13.4% (December-2018), 14.6% (December-2017), -6.8% (December-2016), 9.7% (December-2015), 3.3% (December-2014), 13.7% (December-2013), 12.2% (December- 2012)

Historical Chart:

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Summary:

NameBLACKSTONE INC
ViewUp
Star (1 to 10)9.0
Target+9.8%
Time30 days
Hit Rate90%

Popular Insights:

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