Sixth Street Specialty Stock Market Value
| TSLX Stock | USD 20.78 0.22 1.07% |
| Symbol | Sixth |
Sixth Street Specialty Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sixth Street. If investors know Sixth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sixth Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 0.54 | Earnings Share 2.06 | Revenue Per Share 5.28 | Quarterly Revenue Growth 0.042 |
The market value of Sixth Street Specialty is measured differently than its book value, which is the value of Sixth that is recorded on the company's balance sheet. Investors also form their own opinion of Sixth Street's value that differs from its market value or its book value, called intrinsic value, which is Sixth Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sixth Street's market value can be influenced by many factors that don't directly affect Sixth Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sixth Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sixth Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sixth Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sixth Street '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 Sixth Street's 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 Sixth Street.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Sixth Street on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Sixth Street Specialty or generate 0.0% return on investment in Sixth Street over 660 days. Sixth Street is related to or competes with New Mountain, Carlyle Secured, BlackRock TCP, Fidus Investment, Golub Capital, Triplepoint Venture, and Hercules Capital. The fund provides senior secured loans , unsecured loans, mezzanine debt, and investments in corporate bonds and equity ... More
Sixth Street 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 Sixth Street's 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 Sixth Street Specialty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7516 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.08 |
Sixth Street Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sixth Street's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sixth Street's standard deviation. In reality, there are many statistical measures that can use Sixth Street historical prices to predict the future Sixth Street's volatility.| Risk Adjusted Performance | 0.0369 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.079 |
Sixth Street Specialty Backtested Returns
At this stage we consider Sixth Stock to be very steady. Sixth Street Specialty owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0188, which indicates the firm had a 0.0188% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sixth Street Specialty, which you can use to evaluate the volatility of the company. Please validate Sixth Street's Semi Deviation of 0.6896, coefficient of variation of 2072.94, and Risk Adjusted Performance of 0.0369 to confirm if the risk estimate we provide is consistent with the expected return of 0.0141%. Sixth Street has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sixth Street's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sixth Street is expected to be smaller as well. Sixth Street Specialty right now has a risk of 0.75%. Please validate Sixth Street maximum drawdown, skewness, as well as the relationship between the Skewness and day typical price , to decide if Sixth Street will be following its existing price patterns.
Auto-correlation | 0.58 |
Modest predictability
Sixth Street Specialty has modest predictability. Overlapping area represents the amount of predictability between Sixth Street time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 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 Sixth Street Specialty price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Sixth Street price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Sixth Street Specialty lagged returns against current returns
Autocorrelation, which is Sixth Street 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 Sixth Street's stock expected returns. We can calculate the autocorrelation of Sixth Street returns to help us make a trade decision. For example, suppose you find that Sixth Street has exhibited high autocorrelation historically, and you observe that the 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 |
Sixth Street 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 Sixth Street stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sixth Street stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sixth Street stock over time.
Current vs Lagged Prices |
| Timeline |
Sixth Street Lagged Returns
When evaluating Sixth Street's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sixth Street stock have on its future price. Sixth Street 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, Sixth Street autocorrelation shows the relationship between Sixth Street stock current value and its past values and can show if there is a momentum factor associated with investing in Sixth Street Specialty.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Sixth Stock Analysis
When running Sixth Street's price analysis, check to measure Sixth Street'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 Sixth Street is operating at the current time. Most of Sixth Street's value examination focuses on studying past and present price action to predict the probability of Sixth Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixth Street's price. Additionally, you may evaluate how the addition of Sixth Street to your portfolios can decrease your overall portfolio volatility.