Slate Stock Today

SGR-UN
  

CAD 15.40  0.33  2.10%   

Market Performance
11 of 100
Odds Of Distress
Less than 41
Slate Grocery is trading at 15.40 as of the 1st of December 2022, a -2.1 percent decrease since the beginning of the trading day. The stock's open price was 15.73. Slate Grocery has about a 41 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Slate Grocery REIT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of October 2022 and ending today, the 1st of December 2022. Click here to learn more.
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REITs resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. The company has 58.34 M outstanding shares of which 1.63 M shares are at this time shorted by private and institutional investors with about 13.35 days to cover all short positions. More on Slate Grocery REIT

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Follow Valuation Odds of Bankruptcy
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Slate Grocery Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Slate Grocery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Slate Grocery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company has accumulated 978.59 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.
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Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Slate Grocery's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Slate Grocery REIT (SGR-UN) is traded on Toronto Exchange in Canada . The company currently falls under 'Small-Cap' category with current market capitalization of 922.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Slate Grocery's market, we take the total number of its shares issued and multiply it by Slate Grocery's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Slate Grocery REIT operates under Real Estate sector and is part of REIT—Retail industry. The entity has 58.34 M outstanding shares of which 1.63 M shares are at this time shorted by private and institutional investors with about 13.35 days to cover all short positions. Slate Grocery REIT has accumulated about 14.08 M in cash with 48.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Check Slate Grocery Probability Of Bankruptcy
Ownership
Slate Grocery maintains a total of 58.34 Million outstanding shares. About 84.0 % of Slate Grocery outstanding shares are held by regular investors with 0.58 (%) owned by insiders and only 15.41 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Slate Ownership Details

Slate Stock Price Odds Analysis

What are Slate Grocery's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Slate Grocery jumping above the current price in 90 days from now is about 6.23%. The Slate Grocery REIT probability density function shows the probability of Slate Grocery stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Slate Grocery has a beta of 0.2001. This usually implies as returns on the market go up, Slate Grocery average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Slate Grocery REIT will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1438, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 15.4HorizonTargetOdds Above 15.4
93.70%90 days
 15.40 
6.23%
Based on a normal probability distribution, the odds of Slate Grocery to move above the current price in 90 days from now is about 6.23 (This Slate Grocery REIT probability density function shows the probability of Slate Stock to fall within a particular range of prices over 90 days) .

Slate Grocery REIT Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Slate Grocery market risk premium is the additional return an investor will receive from holding Slate Grocery long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Slate Grocery. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Slate Grocery's alpha and beta are two of the key measurements used to evaluate Slate Grocery's performance over the market, the standard measures of volatility play an important role as well.

Slate Stock Against Markets

Picking the right benchmark for Slate Grocery stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Slate Grocery stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Slate Grocery is critical whether you are bullish or bearish towards Slate Grocery REIT at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Slate Grocery without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Slate Grocery REIT?

The danger of trading Slate Grocery REIT is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Slate Grocery is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Slate Grocery. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Slate Grocery REIT is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Slate Grocery REIT 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 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.
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Please note, there is a significant difference between Slate Grocery's value and its price as these two are different measures arrived at by different means. Investors typically determine Slate Grocery value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Slate Grocery'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.