Cubesmart Stock Alpha and Beta Analysis
| CUBE Stock | USD 48.60 0.29 0.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CubeSmart. It also helps investors analyze the systematic and unsystematic risks associated with investing in CubeSmart over a specified time horizon. Remember, high CubeSmart's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to CubeSmart's market risk premium analysis include:
Beta (0.25) | Alpha 0.006016 | Risk 1.27 | Sharpe Ratio (0.05) | Expected Return (0.07) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
CubeSmart |
CubeSmart Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CubeSmart market risk premium is the additional return an investor will receive from holding CubeSmart long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CubeSmart. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate CubeSmart's performance over market.| α | 0.01 | β | -0.25 |
CubeSmart expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of CubeSmart's Buy-and-hold return. Our buy-and-hold chart shows how CubeSmart performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CubeSmart Market Price Analysis
Market price analysis indicators help investors to evaluate how CubeSmart stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CubeSmart shares will generate the highest return on investment. By understating and applying CubeSmart stock market price indicators, traders can identify CubeSmart position entry and exit signals to maximize returns.
CubeSmart Return and Market Media
The median price of CubeSmart for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 50.47 with a coefficient of variation of 4.03. The daily time series for the period is distributed with a sample standard deviation of 2.03, arithmetic mean of 50.46, and mean deviation of 1.74. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Christopher Marr of 35958 shares of CubeSmart subject to Rule 16b-3 | 09/06/2024 |
2 | CubeSmart goes ex dividend tomorrow | 09/30/2024 |
| CubeSmart dividend paid on 15th of October 2024 | 10/15/2024 |
4 | How To Put 100 In Your Retirement Fund Each Month With CubeSmart Stock | 10/24/2024 |
5 | CubeSmart Q3 2024 Earnings Preview | 10/30/2024 |
6 | CubeSmart earnings missed by 0.01, revenue topped estimates | 10/31/2024 |
7 | Earnings call CubeSmart maintains steady growth amid market challenges | 11/01/2024 |
8 | WORLD RECORD EVENT IN THE DOMINICAN REPUBLIC RUBIKS CUBE MOSAIC TO SET NEW GUINNESS WORLD RECORD | 11/06/2024 |
9 | CubeSmart Benefitted From Lower Interest Rate | 11/14/2024 |
10 | Lindenwold Advisors INC Buys 430 Shares of CubeSmart | 11/19/2024 |
About CubeSmart Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including CubeSmart or other stocks. Alpha measures the amount that position in CubeSmart has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0236 | 0.0428 | 0.0423 | 0.0474 | Price To Sales Ratio | 14.1 | 8.97 | 9.95 | 6.01 |
CubeSmart Upcoming Company Events
As portrayed in its financial statements, the presentation of CubeSmart's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CubeSmart's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CubeSmart's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CubeSmart. Please utilize our Beneish M Score to check the likelihood of CubeSmart's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out CubeSmart Backtesting, CubeSmart Valuation, CubeSmart Correlation, CubeSmart Hype Analysis, CubeSmart Volatility, CubeSmart History and analyze CubeSmart Performance. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
CubeSmart 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.