Safehold (SAFE, $28.74)Record-breaking daily growth volume of 397%
Safehold Inc. (SAFE) experienced an unprecedented increase in trading volume over the past two days. This surge in volume resulted in a record-breaking daily growth of 397% compared to the 65-Day Volume Moving Average, with the total volume sitting at 754.9K. Despite the significant increase in trading activity, the stock's price remained almost unchanged, with a small -1.29% price change, leaving the stock's price at $29.18.
The increase in trading volume could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor, an artificial intelligence tool, analyzed 19 similar cases and found that 14 of them were successful. Based on this data, the odds of success for Safehold Inc. are calculated at +74%.
In addition to the increase in trading volume, it's worth noting that the RSI (Relative Strength Index) indicator for Safehold Inc. has remained in the oversold zone for seven consecutive days. This indicates that the stock is potentially undervalued and may experience a price increase in the near future. In fact, the longer the RSI indicator remains in the oversold zone, the more likely an uptrend is expected.
When looking at the company's earnings results, Safehold Inc. reported revenue of $44.2 million for the fourth quarter of 2022, a 9% increase from the same period in the previous year. The company's net income for the quarter was $7.6 million, or $0.18 per share, compared to $7.4 million, or $0.19 per share, in the same period of the previous year.
The significant increase in trading volume for Safehold Inc. suggests a potential change in trend, and the RSI indicator remaining in the oversold zone indicates a possible price increase in the near future. The company's earnings results indicate steady growth, which further supports the potential for a positive price trend. However, investors should always exercise caution and conduct their own research before making any investment decisions.
Momentum Indicator for SAFE turns positive, indicating new upward trend
SAFE saw its Momentum Indicator move above the 0 level on June 07, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 77 similar instances where the indicator turned positive. In of the 77 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SAFE's RSI Indicator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where SAFE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SAFE advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .
SAFE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SAFE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SAFE entered a downward trend on May 31, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. SAFE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.771) is normal, around the industry mean (2.503). P/E Ratio (13.947) is within average values for comparable stocks, (46.329). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (6.621). Dividend Yield (0.027) settles around the average of (0.071) among similar stocks. P/S Ratio (5.605) is also within normal values, averaging (6.337).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SAFE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a real estate investment trust
Industry RealEstateInvestmentTrusts
SAFE and
Correlation & Price change
A.I.dvisor indicates that over the last year, SAFE has been closely correlated with BRX. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if SAFE jumps, then BRX could also see price increases.
| Ticker / NAME | Correlation To SAFE | 1D Price Change % | ||
|---|---|---|---|---|
| SAFE | 100% | -1.89% | ||
| BRX - SAFE | 70% Closely correlated | +0.61% | ||
| STAG - SAFE | 69% Closely correlated | -0.63% | ||
| EPRT - SAFE | 69% Closely correlated | +0.67% | ||
| KIM - SAFE | 68% Closely correlated | +0.91% | ||
| AKR - SAFE | 68% Closely correlated | +0.17% | ||
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