National Storage (Germany) Market Value
| 4GC Stock | EUR 33.26 0.12 0.36% |
| Symbol | National |
National Storage 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to National Storage's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of National Storage.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in National Storage on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding National Storage Affiliates or generate 0.0% return on investment in National Storage over 90 days. National Storage is related to or competes with Citic Telecom, Eidesvik Offshore, Southern Cross, Atresmedia Corporación, COMBA TELECOM, SOLSTAD OFFSHORE, and Solstad Offshore. National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acq... More
National Storage Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure National Storage's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess National Storage Affiliates upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 2.63 |
National Storage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Storage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Storage's standard deviation. In reality, there are many statistical measures that can use National Storage historical prices to predict the future National Storage's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.642 |
National Storage Aff Backtested Returns
National Storage Aff has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14 % return per unit of risk over the last 3 months. National Storage exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Storage's Standard Deviation of 1.62, risk adjusted performance of (0.13), and Mean Deviation of 1.2 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning National Storage are expected to decrease at a much lower rate. During the bear market, National Storage is likely to outperform the market. At this point, National Storage Aff has a negative expected return of -0.23%. Please make sure to verify National Storage's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if National Storage Aff performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
National Storage Affiliates has poor reverse predictability. Overlapping area represents the amount of predictability between National Storage time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of National Storage Aff price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current National Storage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
National Storage Aff lagged returns against current returns
Autocorrelation, which is National Storage stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting National Storage's stock expected returns. We can calculate the autocorrelation of National Storage returns to help us make a trade decision. For example, suppose you find that National Storage has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
National Storage regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If National Storage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Storage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Storage stock over time.
Current vs Lagged Prices |
| Timeline |
National Storage Lagged Returns
When evaluating National Storage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Storage stock have on its future price. National Storage autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, National Storage autocorrelation shows the relationship between National Storage stock current value and its past values and can show if there is a momentum factor associated with investing in National Storage Affiliates.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in National Stock
When determining whether National Storage Aff offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Storage Affiliates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Storage Affiliates Stock:Check out National Storage Correlation, National Storage Volatility and National Storage Alpha and Beta module to complement your research on National Storage. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
National Storage 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.