Sl Green Realty Stock Price on December 31, 2023

SLG Stock  USD 49.67  0.16  0.32%   
Below is the normalized historical share price chart for SL Green Realty extending back to August 15, 1997. 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 SL Green stands at 49.67, as last reported on the 2nd of May, with the highest price reaching 49.67 and the lowest price hitting 49.67 during the day.
IPO Date
15th of August 1997
200 Day MA
41.6074
50 Day MA
50.573
Beta
1.696
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SLG Stock, it is important to understand the factors that can impact its price. SL Green appears to be very steady, given 3 months investment horizon. SL Green Realty retains Efficiency (Sharpe Ratio) of 0.0741, which indicates the firm had a 0.0741% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for SL Green, which you can use to evaluate the volatility of the company. Please review SL Green's Risk Adjusted Performance of 0.0422, mean deviation of 2.26, and Downside Deviation of 2.87 to confirm if our risk estimates are consistent with your expectations.
  
At this time, SL Green's Liabilities And Stockholders Equity is most likely to decrease significantly in the upcoming years. The SL Green's current Other Stockholder Equity is estimated to increase to about 5 B, while Treasury Stock is projected to decrease to (152.3 M). . 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 5.79, while Price Book Value Ratio is projected to decrease to 0.69. SLG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0741

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Estimated Market Risk

 2.76
  actual daily
24
76% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average SL Green is performing at about 5% of its full potential. 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 SL Green by adding it to a well-diversified portfolio.
Price Book
0.9306
Enterprise Value Ebitda
(37.46)
Price Sales
3.9808
Shares Float
64.7 M
Dividend Share
3.166

SL Green Valuation on December 31, 2023

It is possible to determine the worth of SL Green on a given historical date. On December 31, 2023 SLG was worth 46.44 at the beginning of the trading date compared to the closed value of 44.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SL Green stock. Still, in general, we apply an absolute valuation method to find SL Green'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 SL Green where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SL Green's related companies.
 Open High Low Close Volume
  46.15    47.27    45.96    45.96    789,459  
12/29/2023
  46.44    46.61    44.26    44.26    1,121,715  
  45.03    46.70    44.84    44.99    1,215,423  
Backtest SL Green  |  SL Green History  |  SL Green Valuation   PreviousNext  
Open Value
46.44
44.26
Closing Value
54.73
Upside

SL Green Trading Date Momentum on December 31, 2023

On January 02 2024 SL Green Realty was traded for  44.99  at the closing time. Highest SL Green's price during the trading hours was 46.70  and the lowest price during the day was  44.84 . The net volume was 1.2 M. The overall trading history on the 2nd of January contributed to the next trading period price rise. The trading price change to the next next day price was 1.65% . The trading price change to current price is 0.18% .

SL Green Realty Fundamentals Correlations and Trends

By evaluating SL Green'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 SL Green's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SLG financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SL Green Stock history

SL Green 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 SLG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SL Green Realty 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 SL Green stock prices may prove useful in developing a viable investing in SL Green
Last ReportedProjected for Next Year
Common Stock Shares Outstanding63.8 M68.9 M
Net Loss-107 M-101.6 M

SL Green Stock Technical Analysis

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...

Price Boundaries

SL Green Period Price Range

Low
December 29, 2023
-2.18  -4.69%
High

 46.44 

     

 44.26 

SL Green May 2, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SL Green's price direction in advance. Along with the technical and fundamental analysis of SLG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SLG 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.
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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
3.166
Earnings Share
(8.29)
Revenue Per Share
12.622
Quarterly Revenue Growth
(0.01)
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.