CubeSmart (Germany) Price on October 1, 2024

UK8 Stock  EUR 40.98  0.39  0.96%   
If you're considering investing in CubeSmart Stock, it is important to understand the factors that can impact its price. As of today, the current price of CubeSmart stands at 40.98, as last reported on the 27th of December, with the highest price reaching 40.98 and the lowest price hitting 40.51 during the day. CubeSmart secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of standard deviation over the last 3 months. CubeSmart exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CubeSmart's risk adjusted performance of (0.14), and Mean Deviation of 0.9926 to double-check the risk estimate we provide.
  
CubeSmart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1821

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsUK8

Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  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.

CubeSmart Valuation on October 1, 2024

It is possible to determine the worth of CubeSmart on a given historical date. On October 1, 2024 CubeSmart was worth 47.6 at the beginning of the trading date compared to the closed value of 47.79. 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
  46.93    47.64    46.75    47.64    109.00  
10/01/2024
  47.60    47.89    47.60    47.79    1.00  
  47.56    47.56    47.12    47.30    1.00  
Backtest CubeSmart  |  CubeSmart History  |  CubeSmart Valuation   PreviousNext  
Open Value
47.6
47.79
Closing Value
51.46
Upside

CubeSmart Trading Date Momentum on October 1, 2024

On October 02 2024 CubeSmart was traded for  47.30  at the closing time. The highest daily price throughout the period was 47.56  and the lowest price was  47.12 . There was no trading activity during the period 1.0. Lack of trading volume on 10/02/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.03% . The overall trading delta to current closing price is 5.00% .

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
CubeSmart is a self-administered and self-managed real estate investment trust. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. CUBESMART operates under REITIndustrial classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3111 people.

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.
A focus of CubeSmart technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CubeSmart trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CubeSmart Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CubeSmart cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 27, 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.

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.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Equity Valuation
Check real value of public entities based on technical and fundamental data