Sl Green Realty Preferred Stock Market Value
| SLG-PI Preferred Stock | USD 23.81 0.07 0.29% |
| Symbol | SLG-PI |
SL Green 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SL Green's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SL Green.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in SL Green on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding SL Green Realty or generate 0.0% return on investment in SL Green over 30 days. SL Green is related to or competes with Cousins Properties, Franklin Street, Creative Media, Vornado Realty, Vornado Realty, Vornado Realty, and Hudson Pacific. More
SL Green Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SL Green's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SL Green Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7702 | |||
| Information Ratio | 0.0217 | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.37 |
SL Green Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SL Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SL Green's standard deviation. In reality, there are many statistical measures that can use SL Green historical prices to predict the future SL Green's volatility.| Risk Adjusted Performance | 0.1368 | |||
| Jensen Alpha | 0.1033 | |||
| Total Risk Alpha | 0.0066 | |||
| Sortino Ratio | 0.0238 | |||
| Treynor Ratio | 0.4692 |
SL Green Realty Backtested Returns
SL Green is very steady at the moment. SL Green Realty retains Efficiency (Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for SL Green, which you can use to evaluate the volatility of the company. Please validate SL Green's Mean Deviation of 0.6642, downside deviation of 0.7702, and Risk Adjusted Performance of 0.1368 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. SL Green has a performance score of 13 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SL Green's returns are expected to increase less than the market. However, during the bear market, the loss of holding SL Green is expected to be smaller as well. SL Green Realty today owns a risk of 0.84%. Please validate SL Green Realty semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to decide if SL Green Realty will be following its current price history.
Auto-correlation | 0.27 |
Poor predictability
SL Green Realty has poor predictability. Overlapping area represents the amount of predictability between SL Green time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SL Green Realty price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current SL Green price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
SL Green Realty lagged returns against current returns
Autocorrelation, which is SL Green preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SL Green's preferred stock expected returns. We can calculate the autocorrelation of SL Green returns to help us make a trade decision. For example, suppose you find that SL Green has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
SL Green regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SL Green preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SL Green preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SL Green preferred stock over time.
Current vs Lagged Prices |
| Timeline |
SL Green Lagged Returns
When evaluating SL Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SL Green preferred stock have on its future price. SL Green autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SL Green autocorrelation shows the relationship between SL Green preferred stock current value and its past values and can show if there is a momentum factor associated with investing in SL Green Realty.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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.