Cubesmart Stock Price on October 17, 2024
| CUBE Stock | USD 49.24 0.32 0.65% |
Below is the normalized historical share price chart for CubeSmart extending back to October 22, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CubeSmart stands at 49.24, as last reported on the 2nd of December, with the highest price reaching 49.76 and the lowest price hitting 48.97 during the day.
If you're considering investing in CubeSmart Stock, it is important to understand the factors that can impact its price. CubeSmart secures Sharpe Ratio (or Efficiency) of -0.0377, which signifies that the company had a -0.0377% return per unit of standard deviation over the last 3 months. CubeSmart exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CubeSmart's risk adjusted performance of (0.02), and Mean Deviation of 0.954 to double-check the risk estimate we provide.
At present, CubeSmart's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 4.3 B, whereas Common Stock Total Equity is forecasted to decline to about 1.5 M. . The current year's Price Earnings Ratio is expected to grow to 26.71, whereas Price To Sales Ratio is forecasted to decline to 6.01. CubeSmart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of October 2004 | 200 Day MA 46.6433 | 50 Day MA 49.8716 | Beta 0.859 |
CubeSmart |
Sharpe Ratio = -0.0377
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CUBE |
Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CubeSmart is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CubeSmart by adding CubeSmart to a well-diversified portfolio.
Price Book 4.0237 | Enterprise Value Ebitda 20.0984 | Price Sales 10.686 | Shares Float 224.2 M | Dividend Share 2.04 |
Related Headline
Prologis Headline on 17th of October 2024
Prologis accelerating earnings growth bodes well for its ability to continue increasing its dividend at a brisk pace.
CubeSmart Valuation on October 17, 2024
It is possible to determine the worth of CubeSmart on a given historical date. On October 17, 2024 CubeSmart was worth 50.27 at the beginning of the trading date compared to the closed value of 49.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CubeSmart stock. Still, in general, we apply an absolute valuation method to find CubeSmart's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CubeSmart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CubeSmart's related companies.
| Open | High | Low | Close | Volume | |
| 50.09 | 50.66 | 50.03 | 50.39 | 1,293,739 | |
10/17/2024 | 50.27 | 50.39 | 49.89 | 49.90 | 1,269,091 |
| 50.01 | 50.07 | 49.43 | 49.98 | 1,079,176 |
| Backtest CubeSmart | | | CubeSmart History | | | CubeSmart Valuation | Previous | Next |
CubeSmart Trading Date Momentum on October 17, 2024
| On October 18 2024 CubeSmart was traded for 49.98 at the closing time. The top price for the day was 50.07 and the lowest listed price was 49.43 . The trading volume for the day was 1.1 M. The trading history from October 18, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.16% . The overall trading delta against the current closing price is 2.77% . |
CubeSmart Fundamentals Correlations and Trends
By evaluating CubeSmart's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CubeSmart's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CubeSmart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CubeSmart Stock history
CubeSmart investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CubeSmart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CubeSmart will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CubeSmart stock prices may prove useful in developing a viable investing in CubeSmart
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 226.2 M | 129.6 M | |
| Net Income Applicable To Common Shares | 335 M | 351.7 M |
CubeSmart Stock Technical Analysis
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.
Price Boundaries
CubeSmart Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
CubeSmart cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CubeSmart December 2, 2024 Market Strength
Market strength 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 undertsting and applying CubeSmart stock market strength indicators, traders can identify CubeSmart entry and exit signals to maximize returns
CubeSmart Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CubeSmart's price direction in advance. Along with the technical and fundamental analysis of CubeSmart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CubeSmart to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.2077 |
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Complementary Tools for CubeSmart Stock analysis
When running CubeSmart's price analysis, check to measure CubeSmart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CubeSmart is operating at the current time. Most of CubeSmart's value examination focuses on studying past and present price action to predict the probability of CubeSmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CubeSmart's price. Additionally, you may evaluate how the addition of CubeSmart to your portfolios can decrease your overall portfolio volatility.
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