SL Green (Brazil) Odds of Future Stock Price Finishing Under 227.64
| S1LG34 Stock | BRL 231.54 1.45 0.62% |
S1LG34 |
SL Green Target Price Odds to finish below 227.64
The tendency of S1LG34 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 R$ 227.64 or more in 90 days |
| 231.54 | 90 days | 227.64 | about 88.86 |
Based on a normal probability distribution, the odds of SL Green to drop to R$ 227.64 or more in 90 days from now is about 88.86 (This SL Green Realty probability density function shows the probability of S1LG34 Stock to fall within a particular range of prices over 90 days) . Probability of SL Green Realty price to stay between R$ 227.64 and its current price of R$231.54 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon SL Green Realty has a beta of -0.073. This usually implies as returns on the benchmark increase, returns on holding SL Green are expected to decrease at a much lower rate. During a bear market, however, SL Green Realty is likely to outperform the market. Additionally SL Green Realty has an alpha of 0.3774, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 | 0.38 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 19.28 | |
Ir | Information ratio | 0.12 |
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 S1LG34 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 | 64.1 M |
SL Green Technical Analysis
SL Green's future price can be derived by breaking down and analyzing its technical indicators over time. S1LG34 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 S1LG34 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SL Green in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SL Green's short interest history, or implied volatility extrapolated from SL Green options trading.
Additional Information and Resources on Investing in S1LG34 Stock
When determining whether SL Green Realty is a strong investment it is important to analyze SL Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SL Green's future performance. For an informed investment choice regarding S1LG34 Stock, refer to the following important reports: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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.