Extra Space Storage Inc. Announces Change in Transfer Agent
EXR Stock | USD 149.71 1.13 0.76% |
Slightly above 58% of all Extra Space's retail investors are looking to take a long position. The analysis of overall sentiment of trading Extra Space Storage stock suggests that some investors are interested 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.
Extra Space Storage Inc. , a leading self-storage company, has announced a significant change in its transfer agent services. Effective October 18, 2024,
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Extra Space Storage Current Investor Sentiment
Comfort Level 58
Interested
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.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
Extra Space Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Extra Space can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Extra Space Storage Historical Investor Sentiment
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.
Extra Space's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Extra Space and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Extra Space news discussions. The higher the estimate score, the more favorable the investor's outlook on Extra Space.
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.
Annual Yield
Annual Yield Comparative Analysis
Extra Space is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
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
SELF | Global Self | 8.58 | ||||
IIPR | Innovative Industrial | 3.30 | ||||
NSA | National Storage | 2.26 | ||||
CUBE | CubeSmart | 1.69 | ||||
REXR | Rexford Industrial | 1.59 | ||||
EGP | EastGroup Properties | 1.32 | ||||
COLD | Americold Realty | 1.06 | ||||
STAG | STAG Industrial | 0.68 | ||||
PSA | Public Storage | 0.39 | ||||
LXP | LXP Industrial | 0.36 | ||||
PLD | Prologis | 0.02 | ||||
PLYM | Plymouth Industrial | 0.18 |
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.