Sixth Street Specialty Stock Market Value
| TSLX Stock | USD 21.14 0.04 0.19% |
| Symbol | Sixth |
Sixth Street Specialty Price To Book Ratio
Is Sixth Street'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 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 0.024 | Dividend Share 2.09 | Earnings Share 2.61 | Revenue Per Share 5.146 | Quarterly Revenue Growth 0.194 |
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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Sixth Street on March 26, 2024 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 30 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 | 1.05 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.17 |
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 | 0.0128 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0253 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sixth Street'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.
Sixth Street Specialty Backtested Returns
Sixth Street Specialty owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0029, which indicates the firm had a -0.0029% return per unit of risk over the last 3 months. Sixth Street Specialty exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sixth Street's Coefficient Of Variation of 6412.88, risk adjusted performance of 0.0128, and Semi Deviation of 0.9933 to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. 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 has an expected return of -0.0026%. Please make sure to validate Sixth Street maximum drawdown, skewness, as well as the relationship between the Skewness and day typical price , to decide if Sixth Street Specialty performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Sixth Street Specialty has good reverse predictability. Overlapping area represents the amount of predictability between Sixth Street time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 -0.53 indicates that about 53.0% of current Sixth Street price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
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 |
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 Sixth Street 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, Sixth Street's short interest history, or implied volatility extrapolated from Sixth Street options trading.
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When determining whether Sixth Street Specialty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sixth Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sixth Street Specialty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sixth Street Specialty Stock:Check out Sixth Street Correlation, Sixth Street Volatility and Sixth Street Alpha and Beta module to complement your research on Sixth Street. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary 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.
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Sixth Street 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.