Extra Space Storage Stock Price Prediction

EXR Stock  USD 170.41  2.27  1.35%   
As of today, the relative strength index (RSI) of Extra Space's share price is approaching 46 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Extra Space, making its price go up or down.

Oversold Vs Overbought

46

 
Oversold
 
Overbought
The successful prediction of Extra Space's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Extra Space and does not consider all of the tangible or intangible factors available from Extra Space's fundamental data. We analyze noise-free headlines and recent hype associated with Extra Space Storage, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Extra Space's stock price prediction:
Quarterly Earnings Growth
(0.05)
EPS Estimate Next Quarter
1.1
EPS Estimate Current Year
4.0369
EPS Estimate Next Year
4.5685
Wall Street Target Price
174.3889
Using Extra Space hype-based prediction, you can estimate the value of Extra Space Storage from the perspective of Extra Space response to recently generated media hype and the effects of current headlines on its competitors.

Extra Space Storage Hype to Price Pattern

Investor biases related to Extra Space's public news can be used to forecast risks associated with an investment in Extra. The trend in average sentiment can be used to explain how an investor holding Extra can time the market purely based on public headlines and social activities around Extra Space Storage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Extra Space's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Extra Space.
The fear of missing out, i.e., FOMO, can cause potential investors in Extra Space to buy its stock at a price that has no basis in reality. In that case, they are not buying Extra because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Extra Space after-hype prediction price

    
  USD 168.11  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Extra Space Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Extra Space's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
146.27147.66184.95
Details
Naive
Forecast
LowNextHigh
165.68167.07168.47
Details
19 Analysts
Consensus
LowTargetHigh
138.70152.42169.19
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.941.101.08
Details

Extra Space After-Hype Price Prediction Density Analysis

As far as predicting the price of Extra Space at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Extra Space or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Extra Space, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Extra Space Estimiated After-Hype Price Volatility

In the context of predicting Extra Space's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Extra Space's historical news coverage. Extra Space's after-hype downside and upside margins for the prediction period are 166.72 and 169.50, respectively. We have considered Extra Space's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
170.41
166.72
Downside
168.11
After-hype Price
169.50
Upside
Extra Space is very steady at this time. Analysis and calculation of next after-hype price of Extra Space Storage is based on 3 months time horizon.

Extra Space Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Extra Space is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Extra Space backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Extra Space, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.07 
1.39
  0.03 
  0.04 
11 Events / Month
9 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
170.41
168.11
0.02 
356.41  
Notes

Extra Space Hype Timeline

On the 25th of November Extra Space Storage is traded for 170.41. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.04. Extra is anticipated to decline in value after the next headline, with the price expected to drop to 168.11. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.02%, whereas the daily expected return is currently at -0.07%. The volatility of related hype on Extra Space is about 260.37%, with the expected price after the next announcement by competition of 170.45. About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Extra Space was currently reported as 66.09. The company last dividend was issued on the 16th of December 2024. Considering the 90-day investment horizon the next anticipated press release will be in about 11 days.
Check out Extra Space Basic Forecasting Models to cross-verify your projections.

Extra Space Related Hype Analysis

Having access to credible news sources related to Extra Space's direct competition is more important than ever and may enhance your ability to predict Extra Space's future price movements. Getting to know how Extra Space's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Extra Space may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CUBECubeSmart 0.03 9 per month 0.00 (0.12) 2.23 (1.69) 7.82 
NSANational Storage Affiliates(0.51)9 per month 1.48 (0.08) 2.03 (2.76) 6.48 
PSAPublic Storage 9.38 10 per month 1.50 (0.06) 2.31 (2.02) 7.24 
EGPEastGroup Properties 0.57 7 per month 0.00 (0.21) 1.43 (1.82) 5.66 
PLDPrologis 1.33 11 per month 0.00 (0.16) 2.29 (2.37) 8.46 
LSILife Storage(1.36)8 per month 0.00 (0.11) 2.09 (2.17) 8.35 
STAGSTAG Industrial 0.34 8 per month 0.00 (0.21) 1.87 (2.11) 6.06 
COLDAmericold Realty Trust(1.04)9 per month 0.00 (0.28) 1.65 (2.24) 10.83 
REXRRexford Industrial Realty(0.04)8 per month 0.00 (0.22) 2.08 (2.76) 12.54 
PLYMPlymouth Industrial REIT 0.14 9 per month 0.00 (0.31) 1.28 (3.15) 10.73 
LXPLXP Industrial Trust 0.22 9 per month 0.00 (0.17) 1.76 (2.08) 7.57 
SELFGlobal Self Storage(0.04)5 per month 1.40 (0.07) 2.41 (2.11) 8.25 
IIPRInnovative Industrial Properties(2.08)9 per month 0.00 (0.13) 2.47 (3.36) 13.47 

Extra Space Additional Predictive Modules

Most predictive techniques to examine Extra price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Extra using various technical indicators. When you analyze Extra charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Extra Space Predictive Indicators

The successful prediction of Extra Space stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Extra Space Storage, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Extra Space based on analysis of Extra Space hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Extra Space's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Extra Space's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01990.04080.03860.0442
Price To Sales Ratio19.1710.2510.66.04

Story Coverage note for Extra Space

The number of cover stories for Extra Space depends on current market conditions and Extra Space's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Extra Space is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Extra Space's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Extra Space Short Properties

Extra Space's future price predictability will typically decrease when Extra Space's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Extra Space Storage often depends not only on the future outlook of the potential Extra Space'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. Extra Space's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding169.2 M
Cash And Short Term Investments99.1 M

Additional Tools for Extra Stock Analysis

When running Extra Space's price analysis, check to measure Extra Space'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 Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.