National Storage Affiliates Stock Market Value
| NSA Stock | USD 36.61 0.27 0.73% |
| Symbol | National |
National Storage Aff Price To Book Ratio
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 National Storage. If investors know National 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 National Storage 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 (0.30) | Dividend Share 2.24 | Earnings Share 1.74 | Revenue Per Share | Quarterly Revenue Growth (0.15) |
The market value of National Storage Aff is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Storage's value that differs from its market value or its book value, called intrinsic value, which is National Storage'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 National Storage's market value can be influenced by many factors that don't directly affect National Storage'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 National Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Storage'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.
National Storage 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to National Storage's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of National Storage.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in National Storage on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding National Storage Affiliates or generate 0.0% return on investment in National Storage over 30 days. National Storage is related to or competes with Extra Space, Americold Realty, Public Storage, Terreno Realty, Plymouth Industrial, EastGroup Properties, and LXP Industrial. National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acq... More
National Storage Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure National Storage's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess National Storage Affiliates upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 2.01 |
National Storage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Storage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Storage's standard deviation. In reality, there are many statistical measures that can use National Storage historical prices to predict the future National Storage's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Storage'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.
National Storage Aff Backtested Returns
National Storage Aff has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. National Storage exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Storage's Standard Deviation of 1.59, risk adjusted performance of (0.13), and Mean Deviation of 1.18 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, National Storage's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Storage is expected to be smaller as well. At this point, National Storage Aff has a negative expected return of -0.23%. Please make sure to verify National Storage's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if National Storage Aff performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
National Storage Affiliates has weak reverse predictability. Overlapping area represents the amount of predictability between National Storage time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of National Storage Aff price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current National Storage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
National Storage Aff lagged returns against current returns
Autocorrelation, which is National Storage stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting National Storage's stock expected returns. We can calculate the autocorrelation of National Storage returns to help us make a trade decision. For example, suppose you find that National Storage has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
National Storage regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If National Storage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Storage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Storage stock over time.
Current vs Lagged Prices |
| Timeline |
National Storage Lagged Returns
When evaluating National Storage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Storage stock have on its future price. National Storage autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, National Storage autocorrelation shows the relationship between National Storage stock current value and its past values and can show if there is a momentum factor associated with investing in National Storage Affiliates.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out National Storage Correlation, National Storage Volatility and National Storage Alpha and Beta module to complement your research on National Storage. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
National Storage technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.