SL Green Stock Forward View - Simple Exponential Smoothing
| SLG Stock | USD 38.77 1.29 3.44% |
This reference view applies Simple Exponential Smoothing to SL Green Realty's historical closing prices. SL Green Realty's Simple Exponential Smoothing reference page summarizes the forecasted price and model accuracy metrics from daily trading data. SL Green Realty's forecast reference data is generated from the equity's historical trading prices. Mean absolute deviation and related metrics help quantify forecast uncertainty for SL Green Realty.
The Simple Exponential Smoothing forecasted value of SL Green Realty on the next trading day is expected to be 38.77 with a mean absolute deviation of 0.86 and the sum of the absolute errors of 52.68.This simple exponential smoothing model begins by setting SL Green Realty forecast for the second period equal to the observation of the first period. In other words, recent SL Green observations are given relatively more weight in forecasting than the older observations. All forecast values on this page for SL Green Realty are Simple Exponential Smoothing reference data derived from historical price series. Simple Exponential Smoothing Price Forecast For the 25th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of SL Green Realty on the next trading day is expected to be 38.77 with a mean absolute deviation of 0.86 , mean absolute percentage error of 1.10 , and the sum of the absolute errors of 52.68 .Please note that although there have been many attempts to predict SLG Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that SL Green's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest SL Green | SL Green Price Prediction | Research Analysis |
Forecasted Value
Forecasting SL Green Realty for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. No forecasting approach has been shown to beat all others over time. Investors should treat any model output as a guide, not a guarantee.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of SL Green stock data series using in forecasting. Note that when a statistical model is used to represent SL Green stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.2085 |
| Bias | Arithmetic mean of the errors | 0.0931 |
| MAD | Mean absolute deviation | 0.8636 |
| MAPE | Mean absolute percentage error | 0.0209 |
| SAE | Sum of the absolute errors | 52.68 |
Other Forecasting Options for SL Green
Volume-weighted price analysis for SLG Stock gives heavier weight to price levels where trading activity was highest. Crossovers in the MACD line and signal line can identify shifts in SLG momentum before they appear in raw price. Comparing SL Green's realized volatility to implied volatility reveals whether the options market expects larger or smaller moves. Readings above 80 or below 20 highlight potential reversal zones in SLG Stock price action.SL Green Related Equities
These stocks within the Real Estate space are often compared to SL Green by analysts and fund managers in the sector. Return on equity across these peers shows how well each firm turns capital into profit.
| Risk & Return | Correlation |
SL Green Market Strength Events
Evaluating the market strength of SL Green stock allows investors to gauge shifts in market momentum. Monitoring these indicators highlights periods where SL Green Realty trading conditions shift meaningfully. These metrics are particularly useful when SL Green stock shows divergence from broader market trends. Regularly reviewing SL Green Realty strength signals helps maintain a structured approach to position management.
SL Green Risk Indicators
Understanding SL Green's risk indicators is essential for any investor seeking to forecast its future price accurately. By identifying how much risk is embedded in SL Green's investment, investors can decide how to position their exposure. Reviewing SL Green's basic risk indicators is essential for managing investment risk effectively. The risk-return trade-off for slg stock becomes clearer when SL Green's risk indicators are properly assessed.
| Mean Deviation | 2.01 | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.32 |
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.
Story Coverage note for SL Green
A coverage review of SL Green Realty shows when the security is attracting above-average attention from contributors and market observers. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Contributor Headline
Latest Perspective From Macroaxis
SL Green Short Properties
Short-interest signals around SL Green Realty can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 76.5 M | |
| Cash And Short Term Investments | 336.5 M |