Public Storage (Germany) Market Value
| PUP Stock | EUR 329.20 8.10 2.52% |
| Symbol | Public |
Public 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 Public 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 Public Storage.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Public Storage on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Public Storage or generate 0.0% return on investment in Public Storage over 30 days. Public Storage is related to or competes with SEGRO Plc, and EastGroup Properties. Public Storage, a member of the SP 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates... More
Public 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 Public 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 Public Storage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 8.0E-4 | |||
| Maximum Drawdown | 6.54 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 3.09 |
Public Storage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Public Storage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Public Storage's standard deviation. In reality, there are many statistical measures that can use Public Storage historical prices to predict the future Public Storage's volatility.| Risk Adjusted Performance | 0.0733 | |||
| Jensen Alpha | 0.1052 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 8.0E-4 | |||
| Treynor Ratio | 0.9765 |
Public Storage Backtested Returns
At this point, Public Storage is very steady. Public Storage maintains Sharpe Ratio (i.e., Efficiency) of 0.0756, which implies the firm had a 0.0756% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Public Storage, which you can use to evaluate the volatility of the company. Please check Public Storage's Semi Deviation of 1.28, risk adjusted performance of 0.0733, and Coefficient Of Variation of 1114.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Public Storage has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Public Storage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Public Storage is expected to be smaller as well. Public Storage right now holds a risk of 1.45%. Please check Public Storage total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Public Storage will be following its historical price patterns.
Auto-correlation | 0.40 |
Average predictability
Public Storage has average predictability. Overlapping area represents the amount of predictability between Public Storage time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Public Storage price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Public Storage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 11.31 |
Public Storage lagged returns against current returns
Autocorrelation, which is Public 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 Public Storage's stock expected returns. We can calculate the autocorrelation of Public Storage returns to help us make a trade decision. For example, suppose you find that Public 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 |
Public 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 Public Storage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Public Storage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Public Storage stock over time.
Current vs Lagged Prices |
| Timeline |
Public Storage Lagged Returns
When evaluating Public Storage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Public Storage stock have on its future price. Public 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, Public Storage autocorrelation shows the relationship between Public Storage stock current value and its past values and can show if there is a momentum factor associated with investing in Public Storage.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Public Stock
When determining whether Public Storage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Public Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Public Storage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Public Storage Stock:Check out Public Storage Correlation, Public Storage Volatility and Public Storage Alpha and Beta module to complement your research on Public Storage. For more detail on how to invest in Public Stock please use our How to Invest in Public Storage guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Public 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.