National Storage Affiliates Trust secures Downside Deviation of 1.02, Mean Deviation of 0.8641 and Risk Adjusted Performance of 0.0084. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of National Storage Aff as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for National Storage which can be compared to its peers in the industry. Please verify National Storage AffInformation Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if National Storage Affiliates Trust is priced some-what accurately providing market reflects its recent price of 25.68 per share. Given that National Storage Aff has Jensen Alpha of (0.04352), we recommend you check National Storage last-minute market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of National Storage Aff volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
National Storage Aff Trend Analysis
Use this graph to draw trend lines for National Storage Affiliates Trust. You can use it to identify possible trend reversals for National Storage 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 National Storage price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
National Storage Best Fit Change Line
The following chart estimates an ordinary least squares regression model for National Storage Affiliates Trust applied against its price change over selected period. The best fit line has a slop of 0.11 % which may imply that the returns on investment in National Storage Affiliates Trust will continue to fail. It has 34 observation points and a regression sum of squares at 9.44, which is the sum of squared deviations for the predicted National Storage price change compared to its average price change.
Did you try this?
Run Portfolio Backtesting Now
Avoid under-diversification and over-optimization by backtesting your portfolios
National Storage Affiliates Trust is regarded fifth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.29 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for National Storage Affiliates Trust is roughly 1.29