Slate Office Reit Stock Market Value
| SLTTF Stock | USD 0.29 0.02 7.41% |
| Symbol | Slate |
Slate Office '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 Slate Office's pink sheet 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 Slate Office.
| 06/18/2024 |
| 12/15/2024 |
If you would invest 0.00 in Slate Office on June 18, 2024 and sell it all today you would earn a total of 0.00 from holding Slate Office REIT or generate 0.0% return on investment in Slate Office over 180 days. Slate Office is related to or competes with Ashford Hospitality, Ashford Hospitality, Braemar Hotels, Braemar Hotels, Ashford Hospitality, Ashford Hospitality, and Ashford Hospitality. Slate Office REIT is an owner and operator of North American office real estate More
Slate Office 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 Slate Office's pink sheet 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 Slate Office REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.12 | |||
| Information Ratio | 0.0464 | |||
| Maximum Drawdown | 75.79 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 15.38 |
Slate Office Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Slate Office's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Slate Office's standard deviation. In reality, there are many statistical measures that can use Slate Office historical prices to predict the future Slate Office's volatility.| Risk Adjusted Performance | 0.0513 | |||
| Jensen Alpha | 0.5592 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.0281 | |||
| Treynor Ratio | (0.61) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Slate Office'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.
Slate Office REIT Backtested Returns
Slate Office appears to be out of control, given 3 months investment horizon. Slate Office REIT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0581, which indicates the firm had a 0.0581% return per unit of risk over the last 3 months. By inspecting Slate Office's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Slate Office's Risk Adjusted Performance of 0.0513, coefficient of variation of 1720.42, and Semi Deviation of 4.85 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Slate Office holds a performance score of 4. The entity has a beta of -0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Slate Office are expected to decrease at a much lower rate. During the bear market, Slate Office is likely to outperform the market. Please check Slate Office's jensen alpha and the relationship between the value at risk and day typical price , to make a quick decision on whether Slate Office's existing price patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Slate Office REIT has poor reverse predictability. Overlapping area represents the amount of predictability between Slate Office time series from 18th of June 2024 to 16th of September 2024 and 16th of September 2024 to 15th of December 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 Slate Office REIT price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Slate Office price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Slate Office REIT lagged returns against current returns
Autocorrelation, which is Slate Office pink sheet'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 Slate Office's pink sheet expected returns. We can calculate the autocorrelation of Slate Office returns to help us make a trade decision. For example, suppose you find that Slate Office has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Slate Office 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 Slate Office pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Slate Office pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Slate Office pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Slate Office Lagged Returns
When evaluating Slate Office's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Slate Office pink sheet have on its future price. Slate Office 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, Slate Office autocorrelation shows the relationship between Slate Office pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Slate Office REIT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Slate Pink Sheet
Slate Office financial ratios help investors to determine whether Slate Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Slate with respect to the benefits of owning Slate Office security.