CubeSmart (Germany) Probability of Future Stock Price Finishing Over 41.38
| UK8 Stock | EUR 40.98 0.39 0.96% |
CubeSmart |
CubeSmart Target Price Odds to finish over 41.38
The tendency of CubeSmart Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over € 41.38 or more in 90 days |
| 40.98 | 90 days | 41.38 | close to 99 |
Based on a normal probability distribution, the odds of CubeSmart to move over € 41.38 or more in 90 days from now is close to 99 (This CubeSmart probability density function shows the probability of CubeSmart Stock to fall within a particular range of prices over 90 days) . Probability of CubeSmart price to stay between its current price of € 40.98 and € 41.38 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon CubeSmart has a beta of 0.0386. This usually implies as returns on the market go up, CubeSmart average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CubeSmart will be expected to be much smaller as well. Additionally CubeSmart has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CubeSmart Price Density |
| Price |
Predictive Modules for CubeSmart
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CubeSmart. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.CubeSmart Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CubeSmart is not an exception. The market had few large corrections towards the CubeSmart's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold CubeSmart, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CubeSmart within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.68 | |
Ir | Information ratio | -0.22 |
CubeSmart Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CubeSmart for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CubeSmart can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CubeSmart generated a negative expected return over the last 90 days | |
| CubeSmart has accumulated 2.94 B in total debt with debt to equity ratio (D/E) of 1.07, which is about average as compared to similar companies. CubeSmart has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist CubeSmart until it has trouble settling it off, either with new capital or with free cash flow. So, CubeSmart's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CubeSmart sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CubeSmart to invest in growth at high rates of return. When we think about CubeSmart's use of debt, we should always consider it together with cash and equity. | |
| Over 99.0% of CubeSmart outstanding shares are owned by institutional investors |
CubeSmart Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CubeSmart Stock often depends not only on the future outlook of the current and potential CubeSmart's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CubeSmart's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 224.6 M |
CubeSmart Technical Analysis
CubeSmart's future price can be derived by breaking down and analyzing its technical indicators over time. CubeSmart Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CubeSmart. In general, you should focus on analyzing CubeSmart Stock price patterns and their correlations with different microeconomic environments and drivers.
CubeSmart Predictive Forecast Models
CubeSmart's time-series forecasting models is one of many CubeSmart's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary CubeSmart's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about CubeSmart
Checking the ongoing alerts about CubeSmart for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CubeSmart help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CubeSmart generated a negative expected return over the last 90 days | |
| CubeSmart has accumulated 2.94 B in total debt with debt to equity ratio (D/E) of 1.07, which is about average as compared to similar companies. CubeSmart has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist CubeSmart until it has trouble settling it off, either with new capital or with free cash flow. So, CubeSmart's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CubeSmart sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CubeSmart to invest in growth at high rates of return. When we think about CubeSmart's use of debt, we should always consider it together with cash and equity. | |
| Over 99.0% of CubeSmart outstanding shares are owned by institutional investors |
Additional Information and Resources on Investing in CubeSmart Stock
When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:Check out CubeSmart Backtesting, CubeSmart Valuation, CubeSmart Correlation, CubeSmart Hype Analysis, CubeSmart Volatility, CubeSmart History as well as CubeSmart Performance. For more detail on how to invest in CubeSmart Stock please use our How to Invest in CubeSmart guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.