Sl Green Realty Stock Technical Analysis

SLG Stock  USD 48.52  1.15  2.32%   
As of the 19th of April, SL Green owns the Risk Adjusted Performance of 0.0492, mean deviation of 2.31, and Downside Deviation of 2.87. In connection with fundamental indicators, the technical analysis model makes it possible for you to check timely technical drivers of SL Green Realty, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for SL Green, which can be compared to its peers in the sector. Please validate SL Green Realty coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if SL Green Realty is priced adequately, providing market reflects its prevailing price of 48.52 per share. Given that SL Green Realty has jensen alpha of 0.0011, we advise you to double-check SL Green's latest market performance to make sure the company can sustain itself sooner or later.

SL Green Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SLG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SLG
  
SL Green's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

SL Green Analyst Consensus

Target PriceAdvice# of Analysts
34.07Hold18Odds
SL Green Realty current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SLG analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SLG stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SL Green Realty, talking to its executives and customers, or listening to SLG conference calls.
SLG Analyst Advice Details
SL Green 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.
A focus of SL Green technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SL Green trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SL Green Realty Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SL Green Realty volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SL Green Realty Trend Analysis

Use this graph to draw trend lines for SL Green Realty. You can use it to identify possible trend reversals for SL Green as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SL Green price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SL Green Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SL Green Realty applied against its price change over selected period. The best fit line has a slop of   0.15  , which may imply that SL Green Realty will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 866.85, which is the sum of squared deviations for the predicted SL Green price change compared to its average price change.

About SL Green Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SL Green Realty on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SL Green Realty based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SL Green Realty price pattern first instead of the macroeconomic environment surrounding SL Green Realty. By analyzing SL Green's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SL Green's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SL Green specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.05750.120.08010.0841
Price To Sales Ratio5.592.613.155.79

SL Green April 19, 2024 Technical Indicators

Most technical analysis of SLG help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SLG from various momentum indicators to cycle indicators. When you analyze SLG charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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
2.416
Earnings Share
(9.12)
Revenue Per Share
12.185
Quarterly Revenue Growth
(0.13)
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.