Slate Grocery Reit Stock Market Value
| SRRTF Stock | USD 10.60 0.09 0.86% |
| Symbol | Slate |
Slate Grocery '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 Slate Grocery's pink sheet 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 Slate Grocery.
| 09/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Slate Grocery on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Slate Grocery REIT or generate 0.0% return on investment in Slate Grocery over 60 days. Slate Grocery is related to or competes with Smart REIT, Phillips Edison, Simon Property, Plaza Retail, Inventrust Properties, Site Centers, and Kite Realty. Slate Grocery REIT is an owner and operator of U.S More
Slate Grocery 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 Slate Grocery's pink sheet 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 Slate Grocery REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.1378 | |||
| Maximum Drawdown | 5.88 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.29 |
Slate Grocery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Slate Grocery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Slate Grocery's standard deviation. In reality, there are many statistical measures that can use Slate Grocery historical prices to predict the future Slate Grocery's volatility.| Risk Adjusted Performance | 0.1749 | |||
| Jensen Alpha | 0.246 | |||
| Total Risk Alpha | 0.1088 | |||
| Sortino Ratio | 0.1657 | |||
| Treynor Ratio | 0.9673 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Slate Grocery'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 Grocery REIT Backtested Returns
Slate Grocery appears to be not too volatile, given 3 months investment horizon. Slate Grocery REIT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Slate Grocery REIT, which you can use to evaluate the volatility of the company. Please review Slate Grocery's Coefficient Of Variation of 446.26, semi deviation of 0.7757, and Risk Adjusted Performance of 0.1749 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Slate Grocery holds a performance score of 15. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Slate Grocery's returns are expected to increase less than the market. However, during the bear market, the loss of holding Slate Grocery is expected to be smaller as well. Please check Slate Grocery's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Slate Grocery's existing price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Slate Grocery REIT has weak reverse predictability. Overlapping area represents the amount of predictability between Slate Grocery time series from 23rd of September 2024 to 23rd of October 2024 and 23rd of October 2024 to 22nd 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 Slate Grocery REIT price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Slate Grocery price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Slate Grocery REIT lagged returns against current returns
Autocorrelation, which is Slate Grocery pink sheet'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 Slate Grocery's pink sheet expected returns. We can calculate the autocorrelation of Slate Grocery returns to help us make a trade decision. For example, suppose you find that Slate Grocery has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
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Slate Grocery 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 Slate Grocery pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Slate Grocery pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Slate Grocery pink sheet over time.
Current vs Lagged Prices |
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Slate Grocery Lagged Returns
When evaluating Slate Grocery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Slate Grocery pink sheet have on its future price. Slate Grocery 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, Slate Grocery autocorrelation shows the relationship between Slate Grocery pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Slate Grocery REIT.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Slate Pink Sheet
Slate Grocery financial ratios help investors to determine whether Slate Pink Sheet 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 Grocery security.