Is National Storage Stock a Good Investment?

National Storage Investment Advice

  NSA
To provide specific investment advice or recommendations on National Storage Affiliates stock, we recommend investors consider the following general factors when evaluating National Storage Affiliates. This will help you to make an informed decision on whether to include National Storage in one of your diversified portfolios:
  • Examine National Storage's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research National Storage's leadership team and their track record. Good management can help National Storage navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Diversified REITs space and any emerging trends that could impact National Storage's business and its evolving consumer preferences.
  • Compare National Storage's performance and market position to its competitors. Analyze how National Storage is positioned in terms of product offerings, innovation, and market share.
  • Check if National Storage pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about National Storage's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in National Storage Affiliates stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if National Storage Affiliates is a good investment.
 
Sell
 
Buy
Cautious Hold
Our trade recommendations module can be used to complement National Storage Aff advice provided by average analyst sentiment. It analyzes the firm's potential to grow using fundamental, technical, data market data available at the time. To make sure National Storage Aff is not overpriced, please verify all National Storage Affiliates fundamentals, including its revenue, current ratio, beta, as well as the relationship between the cash and equivalents and earnings per share . Given that National Storage Aff has a price to earning of 73.55 X, we recommend you to check National Storage market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails

Examine National Storage Stock

Researching National Storage's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are owned by institutional investors. The book value of National Storage was now reported as 13.15. The company last dividend was issued on the 14th of March 2024.
To determine if National Storage is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding National Storage's research are outlined below:
National Storage Aff generated a negative expected return over the last 90 days
National Storage Aff has a strong financial position based on the latest SEC filings
Over 95.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition by Brandon Togashi of 13121 shares of National Storage subject to Rule 16b-3
National Storage uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in National Storage Affiliates. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to National Storage's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View
Earnings surprises can significantly impact National Storage's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises National Storage's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-05-09
2016-03-310.080.07-0.0112 
2016-03-02
2015-12-310.050.080.0360 
2023-05-01
2023-03-310.280.24-0.0414 
2017-02-27
2016-12-310.130.09-0.0430 
2023-08-07
2023-06-300.330.28-0.0515 
2021-08-03
2021-06-300.30.25-0.0516 
2021-02-22
2020-12-310.130.180.0538 
2020-08-06
2020-06-300.150.1-0.0533 

National Storage Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. National target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. National Storage's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   14  Hold
Most National analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand National stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of National Storage Aff, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

National Storage Target Price Projection

National Storage's current and average target prices are 34.92 and 34.33, respectively. The current price of National Storage is the price at which National Storage Affiliates is currently trading. On the other hand, National Storage's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

National Storage Market Quote on 27th of April 2024

Low Price34.8Odds
High Price35.61Odds

34.92

Target Price

Analyst Consensus On National Storage Target Price

Low Estimate31.24Odds
High Estimate38.11Odds

34.33

Historical Lowest Forecast  31.24 Target Price  34.33 Highest Forecast  38.11
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on National Storage Affiliates and the information provided on this page.

National Storage Analyst Ratings

National Storage's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about National Storage stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of National Storage's financials, market performance, and future outlook by experienced professionals. National Storage's historical ratings below, therefore, can serve as a valuable tool for investors.

Know National Storage's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as National Storage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading National Storage Affiliates backward and forwards among themselves. National Storage's institutional investor refers to the entity that pools money to purchase National Storage's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Vaughan Nelson Scarbrgh & Mccullough Lp2023-12-31
1.2 M
Dimensional Fund Advisors, Inc.2023-12-31
1.1 M
Bank Of New York Mellon Corp2023-12-31
1.1 M
Wellington Management Company Llp2023-12-31
1.1 M
Anchor Capital Advisors Inc2023-12-31
M
Charles Schwab Investment Management Inc2023-12-31
977.7 K
Timessquare Capital Management, Llc2023-12-31
917.9 K
Cincinnati Insurance Co2023-12-31
893.7 K
Norges Bank2023-12-31
881.8 K
Vanguard Group Inc2023-12-31
11.1 M
Blackrock Inc2023-12-31
M
Note, although National Storage's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

National Storage's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 4.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate National Storage's market, we take the total number of its shares issued and multiply it by National Storage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

888.73 Million

National Storage's profitablity analysis

National Storage's profitability indicators refer to fundamental financial ratios that showcase National Storage's ability to generate income relative to its revenue or operating costs. If, let's say, National Storage is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, National Storage's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of National Storage's profitability requires more research than a typical breakdown of National Storage's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.03 
Return On Capital Employed(0.01)(0.01)
Return On Assets 0.03  0.03 
Return On Equity 0.11  0.09 
The company has Net Profit Margin of 0.18 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.41 %, which entails that for every 100 dollars of revenue, it generated $0.41 of operating income.
Determining National Storage's profitability involves analyzing its financial statements and using various financial metrics to determine if National Storage is a good buy. For example, gross profit margin measures National Storage's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of National Storage's profitability and make more informed investment decisions.
The data published in National Storage's official financial statements usually reflect National Storage's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of National Storage Aff. For example, before you start analyzing numbers published by National accountants, it's critical to develop an understanding of what National Storage's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of National Storage's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Storage's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in National Storage's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of National Storage Affiliates. Please utilize our Beneish M Score to check the likelihood of National Storage's management manipulating its earnings.

Evaluate National Storage's management efficiency

National Storage Aff has Return on Asset of 0.0356 % which means that on every $100 spent on assets, it made $0.0356 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.105 %, implying that it generated $0.105 on every 100 dollars invested. National Storage's management efficiency ratios could be used to measure how well National Storage manages its routine affairs as well as how well it operates its assets and liabilities. At present, National Storage's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.03, whereas Return On Capital Employed is projected to grow to (0.01). At present, National Storage's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 15.5 M, whereas Total Assets are forecasted to decline to about 3.1 B.
Last ReportedProjected for Next Year
Book Value Per Share 16.38  12.18 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 23.73  18.38 
Enterprise Value Over EBITDA 12.77  18.19 
Price Book Value Ratio 2.53  2.66 
Enterprise Value Multiple 12.77  18.19 
Price Fair Value 2.53  2.66 
Enterprise Value 0.00  0.00 
The analysis of National Storage's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze National Storage's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of National Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0626
Forward Dividend Yield
0.0626
Forward Dividend Rate
2.24
Beta
0.864

Basic technical analysis of National Stock

As of the 27th of April, National Storage secures the Mean Deviation of 1.27, risk adjusted performance of (0.02), and Standard Deviation of 1.79. In connection with fundamental indicators, the technical analysis model 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 are able to interpolate and collect thirteen technical drivers for National Storage, which can be compared to its peers in the industry. Please verify National Storage Aff standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if National Storage Affiliates is priced some-what accurately, providing market reflects its recent price of 34.92 per share. Given that National Storage Aff has information ratio of (0.09), we recommend you to check National Storage's last-minute market performance to make sure the company can sustain itself at a future point.

National Storage's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific National Storage insiders, such as employees or executives, is commonly permitted as long as it does not rely on National Storage's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases National Storage insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Understand National Storage's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing National Storage's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider National Storage's intraday indicators

National Storage intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of National Storage stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

National Storage Corporate Filings

8K
23rd of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
16th of April 2024
Other Reports
ViewVerify
29th of March 2024
Other Reports
ViewVerify
ASR
7th of March 2024
Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
National Storage time-series forecasting models is one of many National Storage's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary National Storage's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

National Stock media impact

Far too much social signal, news, headlines, and media speculation about National Storage that are available to investors today. That information is available publicly through National media outlets and privately through word of mouth or via National internal channels. However, regardless of the origin, that massive amount of National data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of National Storage news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of National Storage relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to National Storage's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive National Storage alpha.

National Storage Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards National Storage can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

National Storage Aff Historical Investor Sentiment

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 and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average National Storage news discussions. The higher the estimate score, the more favorable the investor's outlook on National Storage.

Be your own money manager

Our tools can tell you how much better you can do entering a position in National Storage without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Share Portfolio Now

   

Share Portfolio

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

National Storage Corporate Management

Elected by the shareholders, the National Storage's board of directors comprises two types of representatives: National Storage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of National. The board's role is to monitor National Storage's management team and ensure that shareholders' interests are well served. National Storage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, National Storage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark MourickIndependent TrusteeProfile
J WarrenIndependent TrusteeProfile
George ChapmanIndependent Trustee - NomineeProfile
Steven OsgoodIndependent Trustee - NomineeProfile
Russell BrownSenior Vice President - AcquisitionsProfile

How to buy National Stock?

To provide specific investment advice or recommendations on National Storage Affiliates stock, we recommend investors consider the following general factors when evaluating National Storage Affiliates. This will help you to make an informed decision on whether to include National Storage in one of your diversified portfolios:
  • Examine National Storage's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research National Storage's leadership team and their track record. Good management can help National Storage navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Diversified REITs space and any emerging trends that could impact National Storage's business and its evolving consumer preferences.
  • Compare National Storage's performance and market position to its competitors. Analyze how National Storage is positioned in terms of product offerings, innovation, and market share.
  • Check if National Storage pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about National Storage's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in National Storage Affiliates stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if National Storage Affiliates is a good investment.

Already Invested in National Storage Affiliates?

The danger of trading National Storage Affiliates is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of National Storage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than National Storage. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National Storage Aff is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Storage Affiliates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
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.
In summary, please note that there is a difference between National Storage's value and its price, as these two are different measures arrived at by various 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.