CubeSmart Stock Forecast - Daily Balance Of Power
| CUBE Stock | USD 44.36 0.51 1.16% |
CubeSmart Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CubeSmart stock prices and determine the direction of CubeSmart's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CubeSmart's historical fundamentals, such as revenue growth or operating cash flow patterns. Although CubeSmart's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of CubeSmart's systematic risk associated with finding meaningful patterns of CubeSmart fundamentals over time.
Check out Historical Fundamental Analysis of CubeSmart to cross-verify your projections. CubeSmart |
Open Interest Against 2024-06-21 CubeSmart Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast CubeSmart's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in CubeSmart's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for CubeSmart stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current CubeSmart's open interest, investors have to compare it to CubeSmart's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of CubeSmart is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in CubeSmart. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in CubeSmart cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the CubeSmart's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets CubeSmart's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of CubeSmart market sensitivity to bulls and bears. It estimates the ability of CubeSmart buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring CubeSmart Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.80) | (0.40) |
| Check CubeSmart Volatility | Backtest CubeSmart | Trend Details |
CubeSmart Trading Date Momentum
| On April 17 2024 CubeSmart was traded for 42.21 at the closing time. The top price for the day was 42.68 and the lowest listed price was 42.06 . The trading volume for the day was 899.4 K. The trading history from April 17, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.14% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare CubeSmart to competition |
Other Forecasting Options for CubeSmart
For every potential investor in CubeSmart, whether a beginner or expert, CubeSmart's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CubeSmart Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CubeSmart. Basic forecasting techniques help filter out the noise by identifying CubeSmart's price trends.CubeSmart Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CubeSmart stock to make a market-neutral strategy. Peer analysis of CubeSmart could also be used in its relative valuation, which is a method of valuing CubeSmart by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CubeSmart Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CubeSmart's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of CubeSmart's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CubeSmart Market Strength Events
Market strength indicators help investors to evaluate how CubeSmart stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CubeSmart shares will generate the highest return on investment. By undertsting and applying CubeSmart stock market strength indicators, traders can identify CubeSmart entry and exit signals to maximize returns.
CubeSmart Risk Indicators
The analysis of CubeSmart's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CubeSmart's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cubesmart stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.68 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 | |||
| Downside Variance | 3.08 | |||
| Semi Variance | 2.81 | |||
| Expected Short fall | (1.14) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:Check out Historical Fundamental Analysis of CubeSmart to cross-verify your projections. For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.Note that the CubeSmart information on this page should be used as a complementary analysis to other CubeSmart's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for CubeSmart Stock analysis
When running CubeSmart's price analysis, check to measure CubeSmart'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 CubeSmart is operating at the current time. Most of CubeSmart's value examination focuses on studying past and present price action to predict the probability of CubeSmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CubeSmart's price. Additionally, you may evaluate how the addition of CubeSmart to your portfolios can decrease your overall portfolio volatility.
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Is CubeSmart'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 CubeSmart. If investors know CubeSmart 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 CubeSmart 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 (0.03) | Dividend Share 2 | Earnings Share 1.81 | Revenue Per Share 4.699 | Quarterly Revenue Growth 0.019 |
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart'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 CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart'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 CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart'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.