SL Green Stock Market Value

SLG
 Stock
  

USD 41.46  1.20  2.98%   

SL Green's market value is the price at which a share of SL Green stock trades on a public exchange. It measures the collective expectations of SL Green Realty investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of SL Green Realty and determine expected loss or profit from investing in SL Green over a given investment horizon. Additionally, take a look at SL Green Correlation, SL Green Volatility and SL Green Alpha and Beta module to complement your research on SL Green.
Symbol


Is SL Green's industry 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 SL Green. If investors know SL Green 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 SL Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SL Green Realty is measured differently than its book value, which is the value of SL Green that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green'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 SL Green's market value can be influenced by many factors that don't directly affect SL Green'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 SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine SL Green value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green'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.

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 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.
0.00
09/04/2022
No Change 0.00  0.0 
In 31 days
10/04/2022
0.00
If you would invest  0.00  in SL Green on September 4, 2022 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 Amazon. SL Green Realty Corp., an SP 500 company and Manhattans largest office landlord, is a fully integrated real estate inves... 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 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SL Green'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. Please use the tools below to analyze the current value of SL Green in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
39.0441.6544.26
Details
Intrinsic
Valuation
LowReal ValueHigh
37.4051.4654.07
Details
10 Analysts
Consensus
LowTarget PriceHigh
72.0079.3690.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SL Green. Your research has to be compared to or analyzed against SL Green's peers to derive any actionable benefits. When done correctly, SL Green's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in SL Green Realty.

SL Green Realty Backtested Returns

SL Green Realty retains Efficiency (Sharpe Ratio) of -0.0445, which indicates the firm had -0.0445% of return per unit of price deviation over the last 3 months. Macroaxis outlook to measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. SL Green exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SL Green Realty risk adjusted performance of (0.07), and Mean Deviation of 2.04 to confirm the risk estimate we provide.
The entity owns a Beta (Systematic Risk) of 1.3334, which indicates a somewhat significant risk relative to the market. Let's try to break down what SL Green's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SL Green will likely underperform. Even though it is essential to pay attention to SL Green Realty existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SL Green exposes twenty-eight different technical indicators, which can help you to evaluate its performance. SL Green Realty has an expected return of -0.12%. Please be advised to validate SL Green Realty coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power to decide if SL Green Realty performance from the past will be repeated sooner or later.

Auto-correlation

    
  -0.24  

Weak reverse predictability

SL Green Realty has weak reverse predictability. Overlapping area represents the amount of predictability between SL Green time series from 4th of September 2022 to 19th of September 2022 and 19th of September 2022 to 4th of October 2022. 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 -0.24 indicates that over 24.0% of current SL Green price fluctuation can be explain by its past prices.
Correlation Coefficient-0.24
Spearman Rank Test0.28
Residual Average0.0
Price Variance6.72

SL Green Realty lagged returns against current returns

Autocorrelation, which is SL Green 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 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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SL Green 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 stock over time.
   Current vs Lagged Prices   
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       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 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 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   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SL Green in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SL Green's short interest history, or implied volatility extrapolated from SL Green options trading.

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Additionally, take a look at SL Green Correlation, SL Green Volatility and SL Green Alpha and Beta module to complement your research on SL Green. You can also try CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for analysis

When running SL Green Realty price analysis, check to measure SL Green'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 SL Green is operating at the current time. Most of SL Green's value examination focuses on studying past and present price action to predict the probability of SL Green's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SL Green's price. Additionally, you may evaluate how the addition of SL Green to your portfolios can decrease your overall portfolio volatility.
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SL Green technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of SL Green technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SL Green trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...