CubeSmart Skewness
| CUBE Stock | | | USD 39.17 0.12 0.31% |
Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average. Below is CubeSmart's current Skewness with peer comparisons and related risk metrics.
Current Skewness Value
CubeSmart registers a Skewness of 0.01, reflecting near-symmetric return distribution. CubeSmart's positive and negative returns are roughly balanced in frequency and magnitude.
Skewness Peers Comparison
The peer group averages -0.22 for Skewness, with CubeSmart at 0.01 falling above that level. Readings span -1.1399 (National Retail Properties) to 0.4655 (Lineage Common Stock).
Skewness Relative To Other Indicators
The chart below plots Skewness against Maximum Drawdown for CubeSmart and its peers. Each point represents one equity — position along the horizontal axis shows Skewness while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
With Skewness at
0.01 and Maximum Drawdown at
8.26 , CubeSmart shows a
826.05 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Skewness for CubeSmart.
Methodology, Assumptions & Data Sources
CubeSmart has a current Skewness reading of 0.01. Skewness for CubeSmart is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. CubeSmart operates in the real estate sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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