We consider National Storage not too volatile. National Storage Aff has Sharpe Ratio of 0.0771 which conveys that National Storage Aff had 0.0771% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for National Storage which you can use to evaluate future volatility of the firm. Please verify National Storage Affiliates Trust Downside Deviation of 2.06, Mean Deviation of 0.8027 and Risk Adjusted Performance of 0.0491 to check out if risk estimate we provide are consistent with the epected return of 0.1025%.
|Investment Horizon||30 Days Login to change|
National Storage Market Sensitivity
|As returns on market increase, National Storage returns are expected to increase less than the market. However during bear market, the loss on holding National Storage will be expected to be smaller as well.One Month Beta |Analyze National Storage Aff Demand TrendCheck current 30 days National Storage correlation with market (DOW)|
β = 0.5983
National Storage Aff Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, National Storage has beta of 0.5983 indicating as returns on market go up, National Storage average returns are expected to increase less than the benchmark. However during bear market, the loss on holding National Storage Affiliates Trust will be expected to be much smaller as well. Additionally, National Storage Affiliates Trust has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Considering 30-days investment horizon, the coefficient of variation of National Storage is 1297.51. The daily returns are destributed with a variance of 1.77 and standard deviation of 1.33. The mean deviation of National Storage Affiliates Trust is currently at 0.83. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47