Extra Space Technical Analysis

Extra Space Storage Inc -- USA Stock  

USD 86.28  1.58  1.8%

Extra Space Storage Inc shows Coefficient Of Variation of 888.81, Mean Deviation of 0.5939 and Downside Deviation of 0.9756. Extra Space Storage technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Extra Space Storage Inc which can be compared to its rivals. Please confirm Extra Space Storage Variance and Potential Upside to decide if Extra Space Storage is priced favorably providing market reflects its regular price of 86.28 per share. Given that Extra Space has Jensen Alpha of 0.0751, we urge you verify Extra Space Storage Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Extra Space Storage Trend Analysis

Use this graph to draw trend lines for Extra Space Storage Inc. You can use it to identify possible trend reversals for Extra Space as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Extra Space price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Extra Space Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Extra Space Storage Inc applied against its price change over selected period. The best fit line has a slop of 0.06 % which may imply that the returns on investment in Extra Space Storage Inc will continue to fail. It has 34 observation points and a regression sum of squares at 3.44, which is the sum of squared deviations for the predicted Extra Space price change compared to its average price change.

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Extra Space Storage Inc is rated below average in mean deviation category among related companies. It is rated # 5 in standard deviation category among related companies creating about  1.51  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Extra Space Storage Inc is roughly  1.51