Cubesmart Stock Market Value
| CUBE Stock | USD 42.41 0.82 1.90% |
| Symbol | CubeSmart |
CubeSmart Price To Book Ratio
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 2.04 | Earnings Share 1.78 | Revenue Per Share | Quarterly Revenue Growth 0.008 |
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CubeSmart '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 CubeSmart'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 CubeSmart.
| 11/04/2023 |
| 02/26/2025 |
If you would invest 0.00 in CubeSmart on November 4, 2023 and sell it all today you would earn a total of 0.00 from holding CubeSmart or generate 0.0% return on investment in CubeSmart over 480 days. CubeSmart is related to or competes with Public Storage, National Storage, Prologis, Extra Space, EastGroup Properties, Rexford Industrial, and Plymouth Industrial. CubeSmart is a self-administered and self-managed real estate investment trust More
CubeSmart 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 CubeSmart'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 CubeSmart upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 6.84 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.21 |
CubeSmart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CubeSmart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CubeSmart's standard deviation. In reality, there are many statistical measures that can use CubeSmart historical prices to predict the future CubeSmart's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.49) |
CubeSmart Backtested Returns
CubeSmart secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14 % 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 mean deviation of 1.03, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CubeSmart's returns are expected to increase less than the market. However, during the bear market, the loss of holding CubeSmart is expected to be smaller as well. At this point, CubeSmart has a negative expected return of -0.2%. Please make sure to confirm CubeSmart's maximum drawdown, day median price, and the relationship between the jensen alpha and kurtosis , to decide if CubeSmart performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
CubeSmart has poor predictability. Overlapping area represents the amount of predictability between CubeSmart time series from 4th of November 2023 to 1st of July 2024 and 1st of July 2024 to 26th of February 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 CubeSmart price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current CubeSmart price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 13.24 |
CubeSmart lagged returns against current returns
Autocorrelation, which is CubeSmart 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 CubeSmart's stock expected returns. We can calculate the autocorrelation of CubeSmart returns to help us make a trade decision. For example, suppose you find that CubeSmart 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 |
CubeSmart 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 CubeSmart stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CubeSmart stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CubeSmart stock over time.
Current vs Lagged Prices |
| Timeline |
CubeSmart Lagged Returns
When evaluating CubeSmart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CubeSmart stock have on its future price. CubeSmart 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, CubeSmart autocorrelation shows the relationship between CubeSmart stock current value and its past values and can show if there is a momentum factor associated with investing in CubeSmart.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Correlation, CubeSmart Volatility and CubeSmart Alpha and Beta module to complement your research on CubeSmart. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.