Extra Competitors

Stocks . USA . 
Stock . Extra Space Storage
EXR Stock  USD 133.28  0.54  0.41%   
Extra Space Storage competes with CubeSmart, National Storage, Public Storage, EastGroup Properties, and Prologis; as well as few others. The company runs under Diversified REITs sector within Real Estate industry. Analyzing Extra Space competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Extra Space to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Extra Space Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Extra Space competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Extra Space's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
131.56133.28135.00
Details
Intrinsic
Valuation
LowRealHigh
130.23131.95133.67
Details
Naive
Forecast
LowNextHigh
124.94126.66128.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
130.07141.25152.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Extra Space. Your research has to be compared to or analyzed against Extra Space's peers to derive any actionable benefits. When done correctly, Extra Space's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Extra Space Storage.

Extra Space Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Extra Space and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Extra and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Extra Space Storage does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
REXR
+ 0.9
EGP
STAG
+ 0.83
PSA
STAG
+ 0.82
PLD
PLD
+ 0.79
PSA
PLYM
+ 0.77
REXR
PLYM
+ 0.74
EGP
  
High negative correlations   
COLD
- 0.01
CUBE
PLYM
- 0.0
LSI
REXR
- 0.0
LSI
COLD
- 0.0
LSI
STAG
- 0.0
LSI
LSI
- 0.0
PLD

Risk-Adjusted Indicators

There is a big difference between Extra Stock performing well and Extra Space Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Extra Space's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
CUBE  1.14 (0.23) 0.00 (0.07) 0.00 
 0.00 
 1.84 
(2.69)
 10.46 
NSA  1.25 (0.12) 0.00 (0.67) 0.00 
 0.00 
 2.52 
(2.96)
 11.69 
PSA  1.14 (0.16) 0.00 (2.35) 0.00 
 0.00 
 1.99 
(2.28)
 10.62 
EGP  1.00 (0.25) 0.00 (0.09) 0.00 
 0.00 
 2.16 
(2.10)
 6.22 
PLD  1.07 (0.32) 0.00 (0.60) 0.00 
 0.00 
 1.99 
(1.93)
 10.16 
LSI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
STAG  1.01 (0.11) 0.00 (0.48) 0.00 
 0.00 
 2.12 
(2.08)
 5.27 
COLD  1.26 (0.32) 0.00  1.35  0.00 
 0.00 
 1.86 
(2.33)
 12.58 
REXR  1.25 (0.46) 0.00 (0.21) 0.00 
 0.00 
 2.78 
(3.21)
 8.76 
PLYM  1.24 (0.23) 0.00 (0.05) 0.00 
 0.00 
 2.28 
(2.75)
 7.79 

Extra Space Competitive Analysis

The better you understand Extra Space competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Extra Space's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Extra Space's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
EXR CUBE NSA PSA EGP PLD LSI STAG COLD REXR
 0.41 
 133.28 
Extra
 0.85 
 41.80 
CubeSmart
 0.31 
 35.55 
National
 0.30 
 262.22 
Public
 4.28 
 158.66 
EastGroup
 0.72 
 104.83 
Prologis
 1.41 
 133.10 
Life
 0.20 
 35.41 
STAG
 0.04 
 22.79 
Americold
 1.67 
 43.73 
Rexford
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Below Average
Low
Low
Low
Below Average
Dangerous
Below Average
Above Average
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Buy
Not Available
Not Available
Buy
Not Available
Not Available
Not Available
Not Available
Buy
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Hold
Cautious Hold
Sell
Strong Hold
Strong Hold
Not Rated
Cautious Hold
Strong Sell
Strong Hold
Current Ratio
2.59
0.18
1.3
1.07
0.68
0.39
0.69
2.51
1.0
0.94
Net Asset
27.46 B
6.23 B
5.93 B
19.81 B
4.52 B
93.02 B
7.39 B
6.28 B
7.87 B
10.93 B
Profit Margin
0.31
0.39
0.18
0.47
0.35
0.37
0.34
0.27
-0.13
0.29
EBITDA
1.74 B
698.51 M
565.23 M
3.4 B
398.71 M
5.59 B
658.14 M
516.05 M
463.74 M
536.5 M
Operating Margin
0.45
0.49
0.41
0.49
0.41
0.36
0.45
0.36
0.0997
0.37
Current Valuation
40.38 B
12.6 B
7.47 B
59.11 B
9.45 B
132.95 B
15.45 B
9.01 B
9.91 B
13.05 B
Price To Book
2.07
3.54
2.68
8.44
3.14
2.07
2.53
2.0
1.88
1.32
Retained Earnings
(379.01 M)
(1.35 B)
(449.91 M)
(267.91 M)
(366.47 M)
(627.07 M)
(261.51 M)
(948.72 M)
(2 B)
(155.68 M)
Current Asset
244.2 M
96.46 M
37.47 M
104.28 M
31.58 M
454.46 M
1.31 B
41.88 M
N/A
8.24 M
Five Year Return
3.13
3.74
3.69
3.34
2.39
2.38
3.7
4.69
N/A
1.74
Beta
0.75
0.71
0.86
0.53
0.94
1.0
0.64
1.03
0.52
0.87
Number Of Employees
7.62 K
3.04 K
1.11 K
6.2 K
95
2.57 K
2.51 K
95
14.56 K
242
Shares Outstanding
211.62 M
226 M
78.13 M
175.7 M
48.01 M
925.05 M
85.09 M
181.84 M
284.03 M
217.82 M
Cash Flow From Operations
1.4 B
619.48 M
441.58 M
3.25 B
338.2 M
5.37 B
586.86 M
391.09 M
366.15 M
427.55 M
Annual Yield
0.0488
0.0488
0.0632
0.0459
0.0311
0.0369
0.0259
0.0424
0.0386
0.0382
Total Debt
11.4 B
3.04 B
3.68 B
9.1 B
1.7 B
31.8 B
3.38 B
2.69 B
3.49 B
2.23 B
Return On Equity
0.0873
0.14
0.11
0.21
0.0879
0.0587
0.0998
0.0571
-0.0878
0.0313
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
2.31
N/A
N/A
N/A
Return On Asset
0.0407
0.05
0.0356
0.078
0.0333
0.0239
0.0429
0.0241
0.0131
0.0169
Number Of Shares Shorted
3.88 M
5.3 M
4.67 M
3.55 M
867.74 K
10.13 M
1.08 M
6.31 M
2.65 M
15.02 M
Book Value Per Share
68.11
12.44
13.15
32.24
54.77
55.76
41.98
18.57
12.75
36.24
Current Liabilities
120.92 M
124.12 M
25.29 M
50.1 M
44.18 M
994.28 M
482.98 M
52.29 M
N/A
41.35 M
Total Asset
27.46 B
6.23 B
5.93 B
19.81 B
4.52 B
93.02 B
7.39 B
6.28 B
7.87 B
10.93 B
Debt To Equity
1.7
1.06
1.26
0.73
0.86
0.46
0.83
0.72
0.91
0.3
Short Ratio
3.01
3.53
4.57
4.47
2.68
3.37
1.99
5.37
0.83
7.03
Target Price
155.87
46.55
37.57
311.53
192.53
142.89
141.0
40.2
30.64
56.87
Last Dividend Paid
6.48
1.98
2.23
12.0
5.04
3.57
4.56
1.47
0.88
1.56
Shares Owned By Institutions
98.92
98.35
95.16
80.62
93.1
99.7
95.93
92.21
99.79
99.91
Market Capitalization
29.05 B
9.5 B
4.71 B
46.06 B
7.96 B
96.28 B
11.54 B
6.57 B
6.5 B
9.86 B
Price To Earning
35.2
35.61
73.55
44.51
55.02
64.13
49.94
24.8
263.36
89.83
Price To Earnings To Growth
4.43
6.31
3.14
8.91
5.78
0.6
5.34
-402.43
4.03
9.31
Price To Sales
11.77
9.44
5.69
10.55
14.38
13.21
9.17
9.75
2.55
12.96
Net Income
801.97 M
410.76 M
236.99 M
2.16 B
200.55 M
3.06 B
366.46 M
192.63 M
(330.38 M)
249.59 M
Earnings Per Share
4.74
1.82
1.48
11.06
4.43
3.29
4.3
1.07
-1.18
1.09
Shares Owned By Insiders
1.08
0.7
8.74
10.16
1.0
0.3
0.43
0.14
0.21
0.09
Revenue
2.56 B
1.05 B
858.06 M
4.52 B
570.59 M
8.02 B
1.02 B
707.84 M
2.67 B
797.83 M
Working Capital
(157.87 M)
(259.33 M)
173.59 M
(228.99 M)
(32.9 M)
(1.46 B)
(715.84 M)
(277.28 M)
(380.83 M)
(113.28 M)
Cash And Equivalents
92.87 M
5.18 M
35.31 M
775.25 M
45.98 M
278.48 M
24.41 M
50.51 M
56.52 M
49.71 M
Cash Per Share
0.67
0.02
0.65
5.78
1.06
0.86
0.39
0.28
0.21
0.14
Gross Profit
1.52 B
741.94 M
605.54 M
3.19 B
353.11 M
4.78 B
738.65 M
531.64 M
682.51 M
480.7 M
Day Typical Price
133.65
42.08
35.61
262.44
161.25
104.84
135.08
35.46
22.88
43.7
Accumulation Distribution
0.0184
0.0211
0.015
0.0109
0.0467
0.0146
0.045
0.0134
0.0152
0.0338
Market Facilitation Index
2.48
0.9
0.54
2.87
7.77
1.54
6.26
0.48
0.35
1.5
Daily Balance Of Power
0.2177
(0.40)
0.2037
0.2718
(0.91)
0.487
(0.30)
0.1458
(0.03)
0.48
Period Momentum Indicator
0.54
(0.36)
0.11
0.78
(7.09)
0.75
(1.90)
0.07
(0.01)
0.72
Rate Of Daily Change
1.0
0.99
1.0
1.0
0.96
1.01
0.99
1.0
1.0
1.02
Day Median Price
133.84
42.22
35.64
262.55
162.55
104.84
136.07
35.49
22.93
43.68
Price Action Indicator
(0.29)
(0.60)
(0.04)
0.065
(7.43)
0.37
(3.92)
(0.04)
(0.14)
0.41
Relative Strength Index
39.83
41.73
42.62
39.73
36.1
26.94
51.39
41.67
35.15
33.66
Coefficient Of Variation
(1,202)
(1,644)
(1,829)
(1,108)
(1,095)
(582.89)
N/A
(1,582)
(559.93)
(521.19)
Mean Deviation
1.28
1.14
1.25
1.14
0.9996
1.07
N/A
1.01
1.26
1.25
Jensen Alpha
(0.16)
(0.23)
(0.12)
(0.16)
(0.25)
(0.32)
N/A
(0.11)
(0.32)
(0.46)
Total Risk Alpha
(0.39)
(0.32)
(0.35)
(0.36)
(0.31)
(0.50)
N/A
(0.26)
(0.59)
(0.56)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Downside Variance
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Standard Deviation
1.72
1.55
1.79
1.56
1.3
1.57
N/A
1.27
1.83
1.68
Kurtosis
2.31
2.82
3.02
2.93
0.2824
5.76
N/A
(0.57)
7.2
0.7268
Potential Upside
2.23
1.84
2.52
1.99
2.16
1.99
N/A
2.12
1.86
2.78
Treynor Ratio
(1.15)
(0.07)
(0.67)
(2.35)
(0.09)
(0.60)
N/A
(0.48)
1.35
(0.21)
Maximum Drawdown
10.97
10.46
11.69
10.62
6.22
10.16
N/A
5.27
12.58
8.76
Variance
2.95
2.39
3.22
2.42
1.69
2.48
N/A
1.61
3.36
2.82
Market Risk Adjusted Performance
(1.14)
(0.06)
(0.66)
(2.34)
(0.08)
(0.59)
N/A
(0.47)
1.36
(0.20)
Risk Adjusted Performance
(0.05)
(0.03)
(0.03)
(0.05)
(0.05)
(0.10)
N/A
(0.03)
(0.10)
(0.11)
Skewness
(0.47)
(0.48)
(0.43)
(0.38)
0.2827
(1.28)
N/A
0.0145
(1.21)
(0.24)
Semi Deviation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Information Ratio
(0.14)
(0.12)
(0.11)
(0.15)
(0.16)
(0.23)
N/A
(0.14)
(0.23)
(0.25)
Value At Risk
(2.67)
(2.69)
(2.96)
(2.28)
(2.10)
(1.93)
N/A
(2.08)
(2.33)
(3.21)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Downside Deviation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Semi Variance
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

Extra Space Competition Performance Charts

Five steps to successful analysis of Extra Space Competition

Extra Space's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Extra Space Storage in relation to its competition. Extra Space's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Extra Space in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Extra Space's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Extra Space Storage, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Extra Space position

In addition to having Extra Space 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 Gold and Gold Mining Thematic Idea Now

Gold and Gold Mining
Gold and Gold Mining Theme
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 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 Gold and Gold Mining Theme or any other thematic opportunities.
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When determining whether Extra Space Storage is a strong investment it is important to analyze Extra Space'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 Extra Space's future performance. For an informed investment choice regarding Extra Stock, refer to the following important reports:
How To Invest In Extra
Details
Is Extra Stock a good investment?
Details
What is Extra Space's Net Worth?
Details
Largest Trading Companies
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Largest REIT - Industrial Companies
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Check out Extra Space Correlation with its peers.
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When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.
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Is Extra Space'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 Extra Space. If investors know Extra 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 Extra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Extra Space Storage is measured differently than its book value, which is the value of Extra that is recorded on the company's balance sheet. Investors also form their own opinion of Extra Space's value that differs from its market value or its book value, called intrinsic value, which is Extra Space'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 Extra Space's market value can be influenced by many factors that don't directly affect Extra Space's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Please note, there is a significant difference between Extra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Extra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extra Space'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.
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