Sl Green Realty Stock Odds of Future Stock Price Finishing Over 94.27

SLG Stock  USD 53.74  3.31  6.56%   
SL Green's implied volatility is one of the determining factors in the pricing options written on SL Green Realty. Implied volatility approximates the future value of SL Green based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in SL Green Realty over a specific time period. For example, 2024-04-19 CALL at $52.5 is a CALL option contract on SL Green's common stock with a strick price of 52.5 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:53:38 for $3.31 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $3.3, and an ask price of $3.5. The implied volatility as of the 28th of March is 49.73. View All SLG options

Closest to current price SLG long CALL Option Payoff at Expiration

SL Green's future price is the expected price of SL Green instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SL Green Realty performance during a given time horizon utilizing its historical volatility. Check out SL Green Backtesting, SL Green Valuation, SL Green Correlation, SL Green Hype Analysis, SL Green Volatility, SL Green History as well as SL Green Performance.
  
At this time, SL Green's Price Cash Flow Ratio is most likely to decrease significantly in the upcoming years. The SL Green's current Price Sales Ratio is estimated to increase to 4.26, while Price Book Value Ratio is projected to decrease to 0.69. Please specify SL Green's target price for which you would like SL Green odds to be computed.

SL Green Target Price Odds to finish over 94.27

The tendency of SLG Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 94.27  or more in 90 days
 53.74 90 days 94.27 
close to zero percent
Based on a normal probability distribution, the odds of SL Green to move over $ 94.27  or more in 90 days from now is close to zero percent (This SL Green Realty probability density function shows the probability of SLG Stock to fall within a particular range of prices over 90 days) . Probability of SL Green Realty price to stay between its current price of $ 53.74  and $ 94.27  at the end of the 90-day period is about 1.36 .
Considering the 90-day investment horizon the stock has the beta coefficient of 3.1 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SL Green will likely underperform. Additionally SL Green Realty has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   SL Green Price Density   
       Price  

Predictive Modules for SL Green

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SL Green Realty. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Hype
Prediction
LowEstimatedHigh
51.0053.6056.20
Details
Intrinsic
Valuation
LowRealHigh
39.9542.5559.11
Details
Naive
Forecast
LowNextHigh
48.8251.4254.02
Details
18 Analysts
Consensus
LowTargetHigh
31.0034.0737.82
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 toward taking a position in SL Green Realty.

SL Green Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SL Green is not an exception. The market had few large corrections towards the SL Green's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SL Green Realty, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SL Green within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.11
β
Beta against NYSE Composite3.10
σ
Overall volatility
3.10
Ir
Information ratio 0.05

SL Green Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SL Green for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SL Green Realty can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company reported the last year's revenue of 913.71 M. Reported Net Loss for the year was (557.3 M) with profit before taxes, overhead, and interest of 424.15 M.
SL Green Realty has a poor financial position based on the latest SEC disclosures
Over 93.0% of the company shares are owned by institutional investors
On 15th of March 2024 SL Green paid $ 0.25 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: SL Green Realty Upgraded to Buy What Does It Mean for the Stock

SL Green Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SLG Stock often depends not only on the future outlook of the current and potential SL Green's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SL Green's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding63.8 M
Cash And Short Term Investments335.5 M

SL Green Technical Analysis

SL Green's future price can be derived by breaking down and analyzing its technical indicators over time. SLG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SL Green Realty. In general, you should focus on analyzing SLG Stock price patterns and their correlations with different microeconomic environments and drivers.

SL Green Predictive Forecast Models

SL Green's time-series forecasting models is one of many SL Green's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SL Green's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about SL Green Realty

Checking the ongoing alerts about SL Green for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SL Green Realty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company reported the last year's revenue of 913.71 M. Reported Net Loss for the year was (557.3 M) with profit before taxes, overhead, and interest of 424.15 M.
SL Green Realty has a poor financial position based on the latest SEC disclosures
Over 93.0% of the company shares are owned by institutional investors
On 15th of March 2024 SL Green paid $ 0.25 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: SL Green Realty Upgraded to Buy What Does It Mean for the Stock
When determining whether SL Green Realty is a strong investment it is important to analyze SL Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SL Green's future performance. For an informed investment choice regarding SLG Stock, refer to the following important reports:
Check out SL Green Backtesting, SL Green Valuation, SL Green Correlation, SL Green Hype Analysis, SL Green Volatility, SL Green History as well as SL Green Performance.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for SLG Stock analysis

When running SL Green's 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 the 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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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 SLG 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.
Quarterly Earnings Growth
(0.98)
Dividend Share
3.229
Earnings Share
(9.12)
Revenue Per Share
13.12
Quarterly Revenue Growth
(0.09)
The market value of SL Green Realty is measured differently than its book value, which is the value of SLG 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 if SL Green is a good investment 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.