National Storage Affiliates Stock Buy Hold or Sell Recommendation

NSA Stock  USD 39.16  0.24  0.62%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding National Storage Affiliates is 'Hold'. Macroaxis provides National Storage buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NSA positions. The advice algorithm takes into account all of National Storage's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting National Storage's buy or sell advice are summarized below:
Real Value
38.8
Target Price
34.33
Hype Value
39.16
Market Value
39.16
Naive Value
38.02
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell National Storage Affiliates given historical horizon and risk tolerance towards National Storage. When Macroaxis issues a 'buy' or 'sell' recommendation for National Storage Affiliates, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out National Storage Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as National and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards National Storage Affiliates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Execute National Storage Buy or Sell Advice

The National recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on National Storage Affiliates. Macroaxis does not own or have any residual interests in National Storage Affiliates or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute National Storage's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell National StorageBuy National Storage
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

HoldDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon National Storage Affiliates has a Risk Adjusted Performance of (0.01), Jensen Alpha of (0.27), Total Risk Alpha of (0.42) and Treynor Ratio of (0.03)
National Storage Aff trade recommendations module can be used to check and cross-verify current advice provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure National Storage Aff is not overpriced, please verify all National Storage Affiliates fundamentals, including its revenue, current ratio, beta, as well as the relationship between the cash and equivalents and earnings per share . Given that National Storage Aff has a price to book of 2.88 X, we recommend you to check National Storage market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

National Storage Trading Alerts and Improvement Suggestions

National Storage Aff generated a negative expected return over the last 90 days
Over 93.0% of the company shares are owned by institutional investors
Latest headline from investing.com: National Storage Affiliates names new CMO

National Storage Returns Distribution Density

The distribution of National Storage's historical returns is an attempt to chart the uncertainty of National Storage's future price movements. The chart of the probability distribution of National Storage daily returns describes the distribution of returns around its average expected value. We use National Storage Affiliates price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of National Storage returns is essential to provide solid investment advice for National Storage.
Mean Return
-0.04
Value At Risk
-3.01
Potential Upside
2.43
Standard Deviation
1.67
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of National Storage historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

National Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as National Storage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading National Storage Affiliates backward and forwards among themselves. National Storage's institutional investor refers to the entity that pools money to purchase National Storage's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Massachusetts Financial Services Company2023-12-31
1.3 M
Dimensional Fund Advisors, Inc.2023-12-31
1.1 M
Anchor Capital Advisors Inc2023-12-31
M
Charles Schwab Investment Management Inc2023-09-30
996.3 K
Morgan Stanley - Brokerage Accounts2023-09-30
994.4 K
Timessquare Capital Management, Llc2023-12-31
917.9 K
Cincinnati Insurance Co2023-09-30
893.7 K
Norges Bank2023-12-31
881.8 K
Wellington Management Company Llp2023-09-30
878.6 K
Vanguard Group Inc2023-09-30
11.6 M
Blackrock Inc2023-09-30
9.4 M
Note, although National Storage's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

National Storage Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash7.9M(2.6M)6.2M14.3M45.5M47.8M
Free Cash Flow175.2M203.9M303.3M400.1M406.0M426.3M
Depreciation105.1M117.2M158.3M233.2M222.0M112.3M
Other Non Cash Items1.5M2.0M2.7M15.0M(42.5M)(40.4M)
Capital Expenditures21.5M16.8M28.0M43.7M35.5M18.5M
Net Income66.0M79.5M146.9M183.8M237.0M248.8M
End Period Cash Flow24.3M21.7M27.9M42.2M87.7M92.1M
Investments(213K)3.6M(800K)(584.2M)161.1M169.2M
Net Borrowings251.9M380.9M1.0B611.6M703.4M370.8M
Dividends Paid86.9M103.2M144.8M209.1M(209.9M)(199.4M)
Change To Netincome21.2M18.6M19.8M96.9M111.4M117.0M

National Storage Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to National Storage or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that National Storage's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a National stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.27
β
Beta against NYSE Composite1.81
σ
Overall volatility
1.68
Ir
Information ratio -0.1

National Storage Volatility Alert

National Storage Affiliates exhibits very low volatility with skewness of -0.35 and kurtosis of 1.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure National Storage's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact National Storage's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

National Storage Fundamentals Vs Peers

Comparing National Storage's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze National Storage's direct or indirect competition across all of the common fundamentals between National Storage and the related equities. This way, we can detect undervalued stocks with similar characteristics as National Storage or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of National Storage's fundamental indicators could also be used in its relative valuation, which is a method of valuing National Storage by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare National Storage to competition
FundamentalsNational StoragePeer Average
Return On Equity0.11-0.31
Return On Asset0.0356-0.14
Profit Margin0.18 %(1.27) %
Operating Margin0.41 %(5.51) %
Current Valuation7.07 B16.62 B
Shares Outstanding79.98 M571.82 M
Shares Owned By Insiders8.59 %10.09 %
Shares Owned By Institutions92.70 %39.21 %
Number Of Shares Shorted4.28 M4.71 M
Price To Earning73.55 X28.72 X
Price To Book2.88 X9.51 X
Price To Sales6.10 X11.42 X
Revenue858.06 M9.43 B
Gross Profit605.54 M27.38 B
EBITDA565.23 M3.9 B
Net Income236.99 M570.98 M
Cash And Equivalents35.31 M2.7 B
Cash Per Share0.65 X5.01 X
Total Debt3.68 B5.32 B
Debt To Equity1.26 %48.70 %
Current Ratio1.30 X2.16 X
Book Value Per Share13.15 X1.93 K
Cash Flow From Operations441.58 M971.22 M
Short Ratio4.32 X4.00 X
Earnings Per Share1.48 X3.12 X
Price To Earnings To Growth3.14 X4.89 X
Target Price37.79
Number Of Employees1.11 K18.84 K
Beta0.85-0.15
Market Capitalization5.28 B19.03 B
Total Asset5.93 B29.47 B
Retained Earnings(449.91 M)9.33 B
Working Capital173.59 M1.48 B
Note: Conversion by Steven Treadwell of 24000 shares of National Storage [view details]

National Storage Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as National . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About National Storage Buy or Sell Advice

When is the right time to buy or sell National Storage Affiliates? Buying financial instruments such as National Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.0B3.6B3.7B3.9B
Total Assets5.6B6.1B5.9B3.1B

Use Investing Ideas to Build Portfolios

In addition to having National Storage in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Investing Thematic Idea Now

Investing
Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
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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 Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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Is National Storage's industry 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 National Storage. If investors know National 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 National Storage 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
1.35
Dividend Share
2.23
Earnings Share
1.48
Revenue Per Share
9.967
Quarterly Revenue Growth
0.031
The market value of National Storage Aff is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Storage's value that differs from its market value or its book value, called intrinsic value, which is National Storage'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 National Storage's market value can be influenced by many factors that don't directly affect National Storage'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 National Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Storage'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.