SL Green Stock Forecast - Daily Balance Of Power

SLG Stock  USD 66.24  1.83  2.69%   
SLG Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of SL Green's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, SL Green's Fixed Asset Turnover is most likely to increase slightly in the upcoming years. The SL Green's current Asset Turnover is estimated to increase to 0.13, while Inventory Turnover is projected to decrease to (7.10). . The SL Green's current Common Stock Shares Outstanding is estimated to increase to about 69.1 M, while Net Loss is forecasted to increase to (101.6 M).
On January 9, 2024 SL Green Realty had Daily Balance Of Power of 0.5. Balance of Power indicator (or BOP) measures the strength of SL Green Realty market sensitivity to bulls and bears. It estimates the ability of SL Green buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SL Green Balance of Power indicator one can determine a trend of the price direction.
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SL Green Trading Date Momentum

On January 10 2024 SL Green Realty was traded for  44.07  at the closing time. Highest SL Green's price during the trading hours was 45.09  and the lowest price during the day was  43.24 . The net volume was 1.3 M. The overall trading history on the 10th of January contributed to the next trading period price rise. The trading price change to the next next day price was 1.50% . The trading price change to current price is 2.10% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for SL Green

For every potential investor in SLG, whether a beginner or expert, SL Green's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SLG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SLG. Basic forecasting techniques help filter out the noise by identifying SL Green's price trends.

SL Green Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SL Green stock to make a market-neutral strategy. Peer analysis of SL Green could also be used in its relative valuation, which is a method of valuing SL Green by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

SL Green Realty Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of SL Green's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of SL Green's current price.

SL Green Market Strength Events

Market strength indicators help investors to evaluate how SL Green stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SL Green shares will generate the highest return on investment. By undertsting and applying SL Green stock market strength indicators, traders can identify SL Green Realty entry and exit signals to maximize returns.

SL Green Risk Indicators

The analysis of SL Green's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in SL Green's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting slg stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

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 Historical Fundamental Analysis of SL Green to cross-verify your projections.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Diversified REITs space 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
3.042
Earnings Share
(2.55)
Revenue Per Share
14.377
Quarterly Revenue Growth
0.098
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.