National Storage Affiliates Stock Beta

NSA Stock  USD 38.92  1.80  4.85%   
National Storage Affiliates fundamentals help investors to digest information that contributes to National Storage's financial success or failures. It also enables traders to predict the movement of National Stock. The fundamental analysis module provides a way to measure National Storage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to National Storage stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

National Beta Analysis

National Storage's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
 2021 2022 2023 2024 (projected)
Gross Profit430.4M590.5M629.1M660.5M
Total Revenue585.7M801.6M858.1M901.0M

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current National Storage Beta

    
  0.85  
Most of National Storage's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, National Storage Affiliates is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

National Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for National Storage is extremely important. It helps to project a fair market value of National Stock properly, considering its historical fundamentals such as Beta. Since National Storage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of National Storage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of National Storage's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, National Storage Affiliates has a Beta of 0.854. This is 18.61% higher than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The beta for all United States stocks is notably lower than that of the firm.

National Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Storage's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of National Storage could also be used in its relative valuation, which is a method of valuing National Storage by comparing valuation metrics of similar companies.
National Storage is currently under evaluation in beta category among related companies.

National Storage Institutional Holders

Institutional Holdings refers to the ownership stake in National Storage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of National Storage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing National Storage's value.
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
National Storage returns are very sensitive to returns on the market. As the market goes up or down, National Storage is expected to follow.

National Fundamentals

About National Storage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze National Storage Affiliates's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Storage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Storage Affiliates based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. National Storage operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 1175 people.

National Storage Investors Sentiment

The influence of National Storage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in National. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to National Storage's public news can be used to forecast risks associated with an investment in National. The trend in average sentiment can be used to explain how an investor holding National can time the market purely based on public headlines and social activities around National Storage Affiliates. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
National Storage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for National Storage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average National Storage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on National Storage.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards National Storage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, National Storage's short interest history, or implied volatility extrapolated from National Storage options trading.

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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 Piotroski F Score and National Storage Altman Z Score analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for National Stock analysis

When running National Storage's price analysis, check to measure National Storage'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 National Storage is operating at the current time. Most of National Storage's value examination focuses on studying past and present price action to predict the probability of National Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Storage's price. Additionally, you may evaluate how the addition of National Storage to your portfolios can decrease your overall portfolio volatility.
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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.