Sixth Street Specialty Stock Price on March 29, 2024
| TSLX Stock | USD 21.23 0.07 0.33% |
Below is the normalized historical share price chart for Sixth Street Specialty extending back to March 21, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sixth Street stands at 21.23, as last reported on the 20th of May, with the highest price reaching 21.37 and the lowest price hitting 21.19 during the day.
If you're considering investing in Sixth Stock, it is important to understand the factors that can impact its price. We consider Sixth Street very steady. Sixth Street Specialty owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0122, which indicates the firm had a 0.0122% 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 1.14, coefficient of variation of 11705.08, and Risk Adjusted Performance of 0.0092 to confirm if the risk estimate we provide is consistent with the expected return of 0.0123%.
Total Stockholder Equity is likely to drop to about 1 B in 2024. Common Stock Shares Outstanding is likely to drop to about 64.9 M in 2024. At this time, Sixth Street's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.1 in 2024, whereas Price To Sales Ratio is likely to drop 4.15 in 2024. Sixth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of March 2014 | 200 Day MA 20.8753 | 50 Day MA 21.105 | Beta 1.046 |
Sixth |
Sharpe Ratio = 0.0122
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TSLX |
Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sixth Street is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sixth Street by adding Sixth Street to a well-diversified portfolio.
Price Book 1.2817 | Price Sales 4.3779 | Dividend Share 2.09 | Wall Street Target Price 22.65 | Earnings Share 2.61 |
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Sixth Street Valuation on March 29, 2024
It is possible to determine the worth of Sixth Street on a given historical date. On March 29, 2024 Sixth was worth 21.32 at the beginning of the trading date compared to the closed value of 21.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sixth Street stock. Still, in general, we apply an absolute valuation method to find Sixth Street's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sixth Street where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sixth Street's related companies.
| Open | High | Low | Close | Volume | |
| 21.32 | 21.52 | 21.31 | 21.43 | 959,341 | |
03/29/2024 | 21.32 | 21.52 | 21.31 | 21.43 | 959,341 |
| 21.45 | 21.45 | 21.13 | 21.16 | 505,523 |
| Backtest Sixth Street | | | Sixth Street History | | | Sixth Street Valuation | Previous | Next |
Sixth Street Trading Date Momentum on March 29, 2024
| On April 01 2024 Sixth Street Specialty was traded for 21.16 at the closing time. The top price for the day was 21.45 and the lowest listed price was 21.13 . The trading volume for the day was 505.5 K. The trading history from April 1, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.26% . The trading price change against the current closing price is 2.01% . |
Sixth Street Specialty Fundamentals Correlations and Trends
By evaluating Sixth Street's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sixth Street's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sixth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sixth Street Stock history
Sixth Street investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sixth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sixth Street Specialty will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sixth Street stock prices may prove useful in developing a viable investing in Sixth Street
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 85.1 M | 64.9 M | |
| Net Income Applicable To Common Shares | 124.9 M | 127.6 M |
Sixth Street Stock Technical Analysis
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.
Price Boundaries
Sixth Street Period Price Range
Low | March 29, 2024
| High |
21.32 | 21.43 |
Sixth Street May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Sixth Street stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sixth Street shares will generate the highest return on investment. By undertsting and applying Sixth Street stock market strength indicators, traders can identify Sixth Street Specialty entry and exit signals to maximize returns
Sixth Street Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sixth Street's price direction in advance. Along with the technical and fundamental analysis of Sixth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sixth to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0092 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.01) |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sixth Street Specialty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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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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.