Slate Grocery Reit Stock Buy Hold or Sell Recommendation
| SGR-U Stock | USD 10.58 0.17 1.63% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Slate Grocery REIT is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Slate Grocery REIT given historical horizon and risk tolerance towards Slate Grocery. When Macroaxis issues a 'buy' or 'sell' recommendation for Slate Grocery REIT, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Slate Grocery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Slate and provide practical buy, sell, or hold advice based on investors' constraints. Slate Grocery REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Slate |
Execute Slate Grocery Buy or Sell Advice
The Slate recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Slate Grocery REIT. Macroaxis does not own or have any residual interests in Slate Grocery REIT or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Slate Grocery's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Slate Grocery Trading Alerts and Improvement Suggestions
| Slate Grocery REIT has accumulated 302.12 M in total debt with debt to equity ratio (D/E) of 1.36, which is about average as compared to similar companies. Slate Grocery REIT has a current ratio of 0.39, 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 Grocery until it has trouble settling it off, either with new capital or with free cash flow. So, Slate Grocery'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 Grocery 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 Grocery's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Slate Grocery REIT Announces Distribution for the Month of November 2024 - Yahoo Finance |
Slate Grocery Returns Distribution Density
The distribution of Slate Grocery's historical returns is an attempt to chart the uncertainty of Slate Grocery's future price movements. The chart of the probability distribution of Slate Grocery daily returns describes the distribution of returns around its average expected value. We use Slate Grocery REIT price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Slate Grocery returns is essential to provide solid investment advice for Slate Grocery.
| Mean Return | 0.27 | Value At Risk | -1.39 | Potential Upside | 3.83 | Standard Deviation | 1.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Slate Grocery historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Slate Grocery Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Slate Grocery or Retail REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Slate Grocery's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Slate stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 1.42 | |
Ir | Information ratio | 0.09 |
Slate Grocery Volatility Alert
Slate Grocery REIT has relatively low volatility with skewness of 1.42 and kurtosis of 2.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Slate Grocery's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Slate Grocery's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Slate Grocery Fundamentals Vs Peers
Comparing Slate Grocery's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Slate Grocery's direct or indirect competition across all of the common fundamentals between Slate Grocery and the related equities. This way, we can detect undervalued stocks with similar characteristics as Slate Grocery or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Slate Grocery's fundamental indicators could also be used in its relative valuation, which is a method of valuing Slate Grocery by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Slate Grocery to competition |
| Fundamentals | Slate Grocery | Peer Average |
| Return On Equity | 0.0461 | -0.31 |
| Return On Asset | 0.0372 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.76 % | (5.51) % |
| Current Valuation | 1.76 B | 16.62 B |
| Shares Owned By Insiders | 0.20 % | 10.09 % |
| Shares Owned By Institutions | 12.92 % | 39.21 % |
| Number Of Shares Shorted | 634.57 K | 4.71 M |
| Price To Earning | 11.98 X | 28.72 X |
| Price To Book | 0.92 X | 9.51 X |
| Price To Sales | 2.90 X | 11.42 X |
| Revenue | 203.28 M | 9.43 B |
| Gross Profit | 156.68 M | 27.38 B |
| EBITDA | 215.05 M | 3.9 B |
| Net Income | 15.02 M | 570.98 M |
| Cash And Equivalents | 14.08 M | 2.7 B |
| Cash Per Share | 0.23 X | 5.01 X |
| Total Debt | 302.12 M | 5.32 B |
| Debt To Equity | 1.36 % | 48.70 % |
| Current Ratio | 0.40 X | 2.16 X |
| Book Value Per Share | 11.36 X | 1.93 K |
| Cash Flow From Operations | 71.05 M | 971.22 M |
| Short Ratio | 471.80 X | 4.00 X |
| Earnings Per Share | 0.49 X | 3.12 X |
| Target Price | 10.7 | |
| Beta | 1.68 | -0.15 |
| Market Capitalization | 618.56 M | 19.03 B |
| Total Asset | 2.24 B | 29.47 B |
| Retained Earnings | 96.83 M | 9.33 B |
| Working Capital | (291.19 M) | 1.48 B |
| Annual Yield | 0.08 % | |
| Net Asset | 2.24 B | |
| Last Dividend Paid | 0.86 |
Slate Grocery Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Slate . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 10.58 | |||
| Day Typical Price | 10.58 | |||
| Price Action Indicator | 0.085 | |||
| Period Momentum Indicator | 0.17 | |||
| Relative Strength Index | 16.96 |
About Slate Grocery Buy or Sell Advice
When is the right time to buy or sell Slate Grocery REIT? Buying financial instruments such as Slate Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Slate Grocery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Robots And Drones Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Slate Stock Analysis
When running Slate Grocery's price analysis, check to measure Slate Grocery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Slate Grocery is operating at the current time. Most of Slate Grocery's value examination focuses on studying past and present price action to predict the probability of Slate Grocery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slate Grocery's price. Additionally, you may evaluate how the addition of Slate Grocery to your portfolios can decrease your overall portfolio volatility.