Slate Grocery Reit Stock Today
| SGR-U Stock | USD 7.80 0.16 2.01% |
Performance0 of 100
| Odds Of DistressOver 61
|
Slate Grocery is selling for under 7.80 as of the 8th of May 2024; that is -2.01 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 7.8. Slate Grocery has more than 61 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Slate Grocery REIT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | Category Real Estate |
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REITs resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. More on Slate Grocery REIT
Moving together with Slate Stock
| 0.74 | CSOC-A | Canso Select Opportu | PairCorr |
| 0.65 | MFC-PC | Manulife Finl Srs | PairCorr |
| 0.68 | PVF-UN | Partners Value Inves | PairCorr |
| 0.67 | SLF-PC | Sun Life Financial | PairCorr |
| 0.68 | SLF-PD | Sun Life Financial | PairCorr |
Moving against Slate Stock
| 0.83 | CEF | Sprott Physical Gold | PairCorr |
| 0.43 | SLF-PG | Sun Life Non | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Slate Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Slate Grocery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Slate Grocery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Trustee | Blair CA | ||||
| Thematic Idea | Processed Foods (View all Themes) | ||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, Processed Foods, Real Estate, Diversified REITs, REIT—Retail, Real Estate (View all Sectors) | ||||
Slate Grocery's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Slate Grocery's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Slate Grocery's financial leverage. It provides some insight into what part of Slate Grocery's total assets is financed by creditors.
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Slate Grocery REIT (SGR-U) is traded on Toronto Exchange in Canada and employs 19 people. Slate Grocery is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 470.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Slate Grocery's market, we take the total number of its shares issued and multiply it by Slate Grocery's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Slate Grocery REIT operates under Diversified REITs sector and is part of Real Estate industry.
Slate Grocery REIT has accumulated about 14.08 M in cash with 71.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Check Slate Grocery Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Slate Grocery is $470.28 Million. About 87.0 % of Slate Grocery outstanding shares are held by general public with 0.2 (%) owned by insiders and only 13.14 % by institutional holders. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Slate Ownership Details
Slate Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Slate Grocery jumping above the current price in 90 days from now is about 91.85%. The Slate Grocery REIT probability density function shows the probability of Slate Grocery stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Slate Grocery has a beta of 0.5198. This usually implies as returns on the market go up, Slate Grocery average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Slate Grocery REIT will be expected to be much smaller as well. Additionally, slate Grocery REIT has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Slate Grocery to move above the current price in 90 days from now is about 91.85 (This Slate Grocery REIT probability density function shows the probability of Slate Stock to fall within a particular range of prices over 90 days) .
Slate Grocery REIT Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Slate Grocery market risk premium is the additional return an investor will receive from holding Slate Grocery long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Slate Grocery. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Slate Grocery's alpha and beta are two of the key measurements used to evaluate Slate Grocery's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9651 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.38 | |||
| Risk Adjusted Performance | (0.08) |
Slate Stock Against Markets
Picking the right benchmark for Slate Grocery stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Slate Grocery stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Slate Grocery is critical whether you are bullish or bearish towards Slate Grocery REIT at a given time. Please also check how Slate Grocery's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Slate Grocery without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
Slate Grocery Corporate Management
Elected by the shareholders, the Slate Grocery's board of directors comprises two types of representatives: Slate Grocery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Slate. The board's role is to monitor Slate Grocery's management team and ensure that shareholders' interests are well served. Slate Grocery's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Slate Grocery's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Murray | Senior Legal | Profile | |
| CFA CFA | MD Presima | Profile | |
| Bozena Jankowska | MD ESG | Profile | |
| Katie Fasken | Managing Relations | Profile | |
| Lisa Rowe | Partner | Profile | |
| Nicole Trpcic | Ma Operations | Profile |
How to buy Slate Stock?
Before investing in Slate Grocery, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Slate Grocery. To buy Slate Grocery stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Slate Grocery. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Slate Grocery stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Slate Grocery REIT stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Slate Grocery REIT stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Slate Grocery REIT, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Slate Grocery REIT?
The danger of trading Slate Grocery REIT is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Slate Grocery is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Slate Grocery. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Slate Grocery REIT is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slate Grocery REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Slate Stock analysis
When running Slate Grocery's price analysis, check to measure Slate Grocery'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 Slate Grocery is operating at the current time. Most of Slate Grocery's value examination focuses on studying past and present price action to predict the probability of Slate Grocery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slate Grocery's price. Additionally, you may evaluate how the addition of Slate Grocery to your portfolios can decrease your overall portfolio volatility.
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