Sl Green Realty Preferred Stock Odds of Future Preferred Stock Price Finishing Under 23.53
SLG-PI Preferred Stock | USD 23.81 0.07 0.29% |
SLG-PI |
SL Green Target Price Odds to finish below 23.53
The tendency of SLG-PI Preferred 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 $ 23.53 or more in 90 days |
23.81 | 90 days | 23.53 | about 42.67 |
Based on a normal probability distribution, the odds of SL Green to drop to $ 23.53 or more in 90 days from now is about 42.67 (This SL Green Realty probability density function shows the probability of SLG-PI Preferred Stock to fall within a particular range of prices over 90 days) . Probability of SL Green Realty price to stay between $ 23.53 and its current price of $23.81 at the end of the 90-day period is about 15.0 .
Assuming the 90 days trading horizon SL Green has a beta of 0.0422. This usually implies as returns on the market go up, SL Green average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SL Green Realty will be expected to be much smaller as well. Additionally SL Green Realty has an alpha of 0.1341, implying that it can generate a 0.13 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 preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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 | 0.13 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.02 |
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.The company reported the revenue of 826.74 M. Net Loss for the year was (71.63 M) with profit before overhead, payroll, taxes, and interest of 429.55 M. |
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-PI Preferred 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 | 64.4 M |
SL Green Technical Analysis
SL Green's future price can be derived by breaking down and analyzing its technical indicators over time. SLG-PI Preferred 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-PI Preferred 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 preferred 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 preferred 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.
The company reported the revenue of 826.74 M. Net Loss for the year was (71.63 M) with profit before overhead, payroll, taxes, and interest of 429.55 M. |
Other Information on Investing in SLG-PI Preferred Stock
SL Green financial ratios help investors to determine whether SLG-PI Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SLG-PI with respect to the benefits of owning SL Green security.