ASX Small Caps Weekly Wrap The ASX bounced back like an exonerated executive this week. Thanks, Wall Street.

EXR Stock  USD 170.96  1.72  1.00%   
Slightly above 56% of Extra Space's investor base is looking to short. The analysis of overall sentiment of trading Extra Space Storage stock suggests that many investors are alarmed at this time. Extra Space's investing sentiment overview a quick insight into current market opportunities from investing in Extra Space Storage. Many technical investors use Extra Space Storage stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
The ASX regained a lot of last weeks lost ground, thanks to a bumper week on Wall Street that helped push Tech stocks through the roof.

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Extra Space Storage Current Investor Sentiment

Panic Vs Confidence

44

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Extra Space's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Extra Space Storage.

Extra Space Fundamental Analysis

We analyze Extra Space's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Extra Space using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Extra Space based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Number Of Shares Shorted

Number Of Shares Shorted Comparative Analysis

Extra Space is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Extra Space Storage Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Extra Space stock to make a market-neutral strategy. Peer analysis of Extra Space could also be used in its relative valuation, which is a method of valuing Extra Space by comparing valuation metrics with similar companies.

Peers

Extra Space Related Equities

IIPRInnovative Industrial   0.14   
9.0%
PLYMPlymouth Industrial   0.43   
27.0%
NSANational Storage   0.62   
40.0%
LXPLXP Industrial   0.74   
47.0%
COLDAmericold Realty   0.75   
48.0%
PLDPrologis   0.87   
56.0%
PSAPublic Storage   0.94   
60.0%
EGPEastGroup Properties   0.94   
60.0%
REXRRexford Industrial   1.10   
70.0%
CUBECubeSmart   1.16   
74.0%
STAGSTAG Industrial   1.16   
74.0%
SELFGlobal Self   1.55   
100.0%

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.