PUBLIC STORAGE (Germany) Market Value
| PUP0 Stock | 16.50 0.10 0.61% |
| Symbol | PUBLIC |
PUBLIC 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 PUBLIC 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 PUBLIC STORAGE.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in PUBLIC STORAGE on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding PUBLIC STORAGE PRFO or generate 0.0% return on investment in PUBLIC STORAGE over 360 days. PUBLIC STORAGE is related to or competes with Lyxor 1, Xtrackers ShortDAX, Xtrackers LevDAX, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. More
PUBLIC 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 PUBLIC 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 PUBLIC STORAGE PRFO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.42 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.84 |
PUBLIC STORAGE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PUBLIC STORAGE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PUBLIC STORAGE's standard deviation. In reality, there are many statistical measures that can use PUBLIC STORAGE historical prices to predict the future PUBLIC STORAGE's volatility.| Risk Adjusted Performance | 0.0427 | |||
| Jensen Alpha | 0.0563 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.58) |
PUBLIC STORAGE PRFO Backtested Returns
At this point, PUBLIC STORAGE is very steady. PUBLIC STORAGE PRFO retains Efficiency (Sharpe Ratio) of 0.0794, which implies the firm had a 0.0794% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PUBLIC STORAGE, which you can use to evaluate the volatility of the company. Please check PUBLIC STORAGE's market risk adjusted performance of (0.57), and Semi Deviation of 0.915 to confirm if the risk estimate we provide is consistent with the expected return of 0.0837%. PUBLIC STORAGE has a performance score of 6 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0794, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PUBLIC STORAGE are expected to decrease at a much lower rate. During the bear market, PUBLIC STORAGE is likely to outperform the market. PUBLIC STORAGE PRFO currently owns a risk of 1.05%. Please check PUBLIC STORAGE PRFO coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if PUBLIC STORAGE PRFO will be following its current price history.
Auto-correlation | -0.34 |
Poor reverse predictability
PUBLIC STORAGE PRFO has poor reverse predictability. Overlapping area represents the amount of predictability between PUBLIC STORAGE time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PUBLIC STORAGE PRFO price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current PUBLIC STORAGE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
PUBLIC STORAGE PRFO lagged returns against current returns
Autocorrelation, which is PUBLIC 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 PUBLIC STORAGE's stock expected returns. We can calculate the autocorrelation of PUBLIC STORAGE returns to help us make a trade decision. For example, suppose you find that PUBLIC 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 |
PUBLIC 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 PUBLIC STORAGE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PUBLIC STORAGE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PUBLIC STORAGE stock over time.
Current vs Lagged Prices |
| Timeline |
PUBLIC STORAGE Lagged Returns
When evaluating PUBLIC STORAGE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PUBLIC STORAGE stock have on its future price. PUBLIC 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, PUBLIC STORAGE autocorrelation shows the relationship between PUBLIC STORAGE stock current value and its past values and can show if there is a momentum factor associated with investing in PUBLIC STORAGE PRFO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PUBLIC Stock
PUBLIC STORAGE financial ratios help investors to determine whether PUBLIC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PUBLIC with respect to the benefits of owning PUBLIC STORAGE security.