Cubesmart Stock Probability of Future Stock Price Finishing Under 36.72
| CUBE Stock | USD 49.56 0.58 1.16% |
CubeSmart |
CubeSmart Target Price Odds to finish below 36.72
The tendency of CubeSmart Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 36.72 or more in 90 days |
| 49.56 | 90 days | 36.72 | near 1 |
Based on a normal probability distribution, the odds of CubeSmart to drop to $ 36.72 or more in 90 days from now is near 1 (This CubeSmart probability density function shows the probability of CubeSmart Stock to fall within a particular range of prices over 90 days) . Probability of CubeSmart price to stay between $ 36.72 and its current price of $49.56 at the end of the 90-day period is about 33.38 .
Given the investment horizon of 90 days CubeSmart has a beta of -0.22 suggesting as returns on the benchmark increase, returns on holding CubeSmart are expected to decrease at a much lower rate. During a bear market, however, CubeSmart is likely to outperform the market. Additionally CubeSmart has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CubeSmart Price Density |
| Price |
Predictive Modules for CubeSmart
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CubeSmart. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.CubeSmart Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CubeSmart is not an exception. The market had few large corrections towards the CubeSmart's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold CubeSmart, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CubeSmart within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 2.03 | |
Ir | Information ratio | -0.12 |
CubeSmart Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CubeSmart for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CubeSmart can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CubeSmart generated a negative expected return over the last 90 days | |
| CubeSmart currently holds 2.99 B in liabilities with Debt to Equity (D/E) ratio of 1.06, which is about average as compared to similar companies. CubeSmart has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about CubeSmart's use of debt, we should always consider it together with its cash and equity. | |
| CubeSmart has a very strong financial position based on the latest SEC filings | |
| Over 100.0% of CubeSmart shares are held by institutions such as insurance companies | |
| On 15th of October 2024 CubeSmart paid $ 0.51 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: CubeSmart Shares Up 3.13 percent on Nov 25 |
CubeSmart Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CubeSmart Stock often depends not only on the future outlook of the current and potential CubeSmart's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CubeSmart's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 226.2 M | |
| Cash And Short Term Investments | 6.5 M |
CubeSmart Technical Analysis
CubeSmart's future price can be derived by breaking down and analyzing its technical indicators over time. CubeSmart Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CubeSmart. In general, you should focus on analyzing CubeSmart Stock price patterns and their correlations with different microeconomic environments and drivers.
CubeSmart Predictive Forecast Models
CubeSmart's time-series forecasting models is one of many CubeSmart's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary CubeSmart's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about CubeSmart
Checking the ongoing alerts about CubeSmart for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CubeSmart help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CubeSmart generated a negative expected return over the last 90 days | |
| CubeSmart currently holds 2.99 B in liabilities with Debt to Equity (D/E) ratio of 1.06, which is about average as compared to similar companies. CubeSmart has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about CubeSmart's use of debt, we should always consider it together with its cash and equity. | |
| CubeSmart has a very strong financial position based on the latest SEC filings | |
| Over 100.0% of CubeSmart shares are held by institutions such as insurance companies | |
| On 15th of October 2024 CubeSmart paid $ 0.51 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: CubeSmart Shares Up 3.13 percent on Nov 25 |
Check out CubeSmart Backtesting, CubeSmart Valuation, CubeSmart Correlation, CubeSmart Hype Analysis, CubeSmart Volatility, CubeSmart History as well as CubeSmart Performance. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Self-Storage REITs space 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 CubeSmart. If investors know CubeSmart 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 CubeSmart 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 (0.02) | Dividend Share 2.04 | Earnings Share 1.78 | Revenue Per Share 4.724 | Quarterly Revenue Growth 0.008 |
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart'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 CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart'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 CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart'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.