CubeSmart (Germany) Price on November 18, 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.
CubeSmart |
Sharpe Ratio = -0.1821
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | UK8 |
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 November 18, 2024
It is possible to determine the worth of CubeSmart on a given historical date. On November 18, 2024 CubeSmart was worth 45.64 at the beginning of the trading date compared to the closed value of 45.79. 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 | |
45.01 | 45.85 | 45.01 | 45.77 | 1.00 | |
11/18/2024 | 45.64 | 45.79 | 45.51 | 45.79 | 1.00 |
45.69 | 46.33 | 45.64 | 46.03 | 1.00 |
Backtest CubeSmart | | | CubeSmart History | | | CubeSmart Valuation | Previous | Next |
CubeSmart Trading Date Momentum on November 18, 2024
On November 19 2024 CubeSmart was traded for 46.03 at the closing time. The highest daily price throughout the period was 46.33 and the lowest price was 45.64 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.52% . The overall trading delta to current closing price is 1.88% . |
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.
Price Boundaries
CubeSmart Period Price Range
Low | December 27, 2024
| 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.
Risk Adjusted Performance | (0.14) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (6.31) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |