Slate Office Reit Stock Probability of Future Stock Price Finishing Over 0.51
| SOT-UN Stock | CAD 0.45 0.02 4.26% |
Slate |
Slate Office Target Price Odds to finish over 0.51
The tendency of Slate 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 move over C$ 0.51 or more in 90 days |
| 0.45 | 90 days | 0.51 | about 52.85 |
Based on a normal probability distribution, the odds of Slate Office to move over C$ 0.51 or more in 90 days from now is about 52.85 (This Slate Office REIT probability density function shows the probability of Slate Stock to fall within a particular range of prices over 90 days) . Probability of Slate Office REIT price to stay between its current price of C$ 0.45 and C$ 0.51 at the end of the 90-day period is about 16.3 .
Assuming the 90 days trading horizon Slate Office REIT has a beta of -0.56. This usually implies as returns on the benchmark increase, returns on holding Slate Office are expected to decrease at a much lower rate. During a bear market, however, Slate Office REIT is likely to outperform the market. Additionally Slate Office REIT has an alpha of 0.7262, implying that it can generate a 0.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Slate Office Price Density |
| Price |
Predictive Modules for Slate Office
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Slate Office REIT. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Slate Office's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Slate Office Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Slate Office is not an exception. The market had few large corrections towards the Slate Office'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 Slate Office REIT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Slate Office within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.73 | |
β | Beta against Dow Jones | -0.56 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | 0.07 |
Slate Office 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 Slate Office for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Slate Office REIT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Slate Office REIT is way too risky over 90 days horizon | |
| Slate Office REIT has some characteristics of a very speculative penny stock | |
| Slate Office REIT appears to be risky and price may revert if volatility continues | |
| Slate Office REIT has high likelihood to experience some financial distress in the next 2 years | |
| Slate Office REIT has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Slate Office REIT has accumulated 983.01 M in total debt with debt to equity ratio (D/E) of 186.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Slate Office REIT has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Slate Office until it has trouble settling it off, either with new capital or with free cash flow. So, Slate Office's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Slate Office REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Slate to invest in growth at high rates of return. When we think about Slate Office's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 197.62 M. Net Loss for the year was (113.12 M) with profit before overhead, payroll, taxes, and interest of 91.16 M. | |
| Latest headline from news.google.com: Slate Office REIT Announces Changes To Board Of Trustees - Barchart |
Slate Office 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 Slate Stock often depends not only on the future outlook of the current and potential Slate Office'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. Slate Office's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 80 M | |
| Cash And Short Term Investments | 11.3 M |
Slate Office Technical Analysis
Slate Office's future price can be derived by breaking down and analyzing its technical indicators over time. Slate Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Slate Office REIT. In general, you should focus on analyzing Slate Stock price patterns and their correlations with different microeconomic environments and drivers.
Slate Office Predictive Forecast Models
Slate Office's time-series forecasting models is one of many Slate Office'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 Slate Office'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 Slate Office REIT
Checking the ongoing alerts about Slate Office for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Slate Office REIT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Slate Office REIT is way too risky over 90 days horizon | |
| Slate Office REIT has some characteristics of a very speculative penny stock | |
| Slate Office REIT appears to be risky and price may revert if volatility continues | |
| Slate Office REIT has high likelihood to experience some financial distress in the next 2 years | |
| Slate Office REIT has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Slate Office REIT has accumulated 983.01 M in total debt with debt to equity ratio (D/E) of 186.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Slate Office REIT has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Slate Office until it has trouble settling it off, either with new capital or with free cash flow. So, Slate Office's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Slate Office REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Slate to invest in growth at high rates of return. When we think about Slate Office's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 197.62 M. Net Loss for the year was (113.12 M) with profit before overhead, payroll, taxes, and interest of 91.16 M. | |
| Latest headline from news.google.com: Slate Office REIT Announces Changes To Board Of Trustees - Barchart |
Other Information on Investing in Slate Stock
Slate Office financial ratios help investors to determine whether Slate 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 Slate with respect to the benefits of owning Slate Office security.