Sl Green Realty Stock Odds of Future Stock Price Finishing Under 47.71
| SLG Stock | USD 68.01 1.22 1.83% |
SLG |
SL Green Target Price Odds to finish below 47.71
The tendency of SLG Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 47.71 or more in 90 days |
| 68.01 | 90 days | 47.71 | near 1 |
Based on a normal probability distribution, the odds of SL Green to drop to $ 47.71 or more in 90 days from now is near 1 (This SL Green Realty probability density function shows the probability of SLG Stock to fall within a particular range of prices over 90 days) . Probability of SL Green Realty price to stay between $ 47.71 and its current price of $68.01 at the end of the 90-day period is about 8.01 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.21 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SL Green will likely underperform. Additionally SL Green Realty has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. SL Green Price Density |
| Price |
Predictive Modules for SL Green
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SL Green Realty. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.SL Green Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SL Green is not an exception. The market had few large corrections towards the SL Green's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SL Green Realty, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SL Green within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 1.21 | |
σ | Overall volatility | 4.16 | |
Ir | Information ratio | -0.04 |
SL Green Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SL Green for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SL Green Realty can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SL Green Realty generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 913.71 M. Reported Net Loss for the year was (599.34 M) with profit before taxes, overhead, and interest of 424.15 M. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 SL Green paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: SL Green Realty Corp. to Release Fourth Quarter 2024 Financial Results After Market Close on ... |
SL Green Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SLG Stock often depends not only on the future outlook of the current and potential SL Green's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SL Green's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 68 M | |
| Cash And Short Term Investments | 231.4 M |
SL Green Technical Analysis
SL Green's future price can be derived by breaking down and analyzing its technical indicators over time. SLG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SL Green Realty. In general, you should focus on analyzing SLG Stock price patterns and their correlations with different microeconomic environments and drivers.
SL Green Predictive Forecast Models
SL Green's time-series forecasting models is one of many SL Green's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SL Green's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about SL Green Realty
Checking the ongoing alerts about SL Green for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SL Green Realty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SL Green Realty generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 913.71 M. Reported Net Loss for the year was (599.34 M) with profit before taxes, overhead, and interest of 424.15 M. | |
| Over 84.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 SL Green paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: SL Green Realty Corp. to Release Fourth Quarter 2024 Financial Results After Market Close on ... |
Check out SL Green Backtesting, SL Green Valuation, SL Green Correlation, SL Green Hype Analysis, SL Green Volatility, SL Green History as well as SL Green Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Diversified REITs space 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 SL Green. If investors know SLG 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 SL Green 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 (0.98) | Dividend Share 3.042 | Earnings Share (2.55) | Revenue Per Share 14.377 | Quarterly Revenue Growth 0.098 |
The market value of SL Green Realty is measured differently than its book value, which is the value of SLG that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green'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 SL Green's market value can be influenced by many factors that don't directly affect SL Green'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 SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if SL Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green'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.