Smartstop Self Storage Stock Market Value
| STSFF Stock | USD 8.90 0.00 0.00% |
| Symbol | SmartStop |
SmartStop Self '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 SmartStop Self's pink sheet 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 SmartStop Self.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in SmartStop Self on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding SmartStop Self Storage or generate 0.0% return on investment in SmartStop Self over 570 days. SmartStop Self is related to or competes with LXP Industrial, First Industrial, Plymouth Industrial, Terreno Realty, Rexford Industrial, EastGroup Properties, and Extra Space. SmartStop is a self-managed REIT with a fully integrated operations team of approximately 0 self storage professionals f... More
SmartStop Self 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 SmartStop Self's pink sheet 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 SmartStop Self Storage upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 6.07 |
SmartStop Self Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SmartStop Self's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SmartStop Self's standard deviation. In reality, there are many statistical measures that can use SmartStop Self historical prices to predict the future SmartStop Self's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (4.07) |
SmartStop Self Storage Backtested Returns
SmartStop Self Storage owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.057, which indicates the firm had a -0.057% return per unit of risk over the last 3 months. SmartStop Self Storage exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SmartStop Self's Risk Adjusted Performance of (0.03), coefficient of variation of (2,190), and Variance of 0.7079 to confirm the risk estimate we provide. The entity has a beta of 0.0119, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SmartStop Self's returns are expected to increase less than the market. However, during the bear market, the loss of holding SmartStop Self is expected to be smaller as well. At this point, SmartStop Self Storage has a negative expected return of -0.0489%. Please make sure to validate SmartStop Self's information ratio, as well as the relationship between the kurtosis and relative strength index , to decide if SmartStop Self Storage performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
SmartStop Self Storage has very weak reverse predictability. Overlapping area represents the amount of predictability between SmartStop Self time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 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 SmartStop Self Storage price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current SmartStop Self price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
SmartStop Self Storage lagged returns against current returns
Autocorrelation, which is SmartStop Self pink sheet'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 SmartStop Self's pink sheet expected returns. We can calculate the autocorrelation of SmartStop Self returns to help us make a trade decision. For example, suppose you find that SmartStop Self has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
SmartStop Self 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 SmartStop Self pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SmartStop Self pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SmartStop Self pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SmartStop Self Lagged Returns
When evaluating SmartStop Self's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SmartStop Self pink sheet have on its future price. SmartStop Self 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, SmartStop Self autocorrelation shows the relationship between SmartStop Self pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SmartStop Self Storage.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SmartStop Pink Sheet
SmartStop Self financial ratios help investors to determine whether SmartStop Pink Sheet 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 SmartStop with respect to the benefits of owning SmartStop Self security.