Cubesmart Stock Price on June 8, 2021
| CUBE Stock | USD 42.21 0.43 1.01% |
Below is the normalized historical share price chart for CubeSmart extending back to October 22, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CubeSmart stands at 42.21, as last reported on the 17th of April 2024, with the highest price reaching 42.52 and the lowest price hitting 41.82 during the day.
If you're considering investing in CubeSmart Stock, it is important to understand the factors that can impact its price. CubeSmart secures Sharpe Ratio (or Efficiency) of -0.0358, which signifies that the company had a -0.0358% return per unit of standard deviation over the last 3 months. CubeSmart exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CubeSmart's mean deviation of 1.17, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
At present, CubeSmart's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 2.3 M, whereas Other Stockholder Equity is forecasted to decline to about 2.2 B. . The current year's Price Earnings Ratio is expected to grow to 26.71, whereas Price To Sales Ratio is forecasted to decline to 6.01. CubeSmart Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of October 2004 | 200 Day MA 42.0809 | 50 Day MA 43.9618 | Beta 0.713 |
CubeSmart |
Sharpe Ratio = -0.0358
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| Negative Returns | CUBE |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CubeSmart is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CubeSmart by adding CubeSmart to a well-diversified portfolio.
Price Book 3.5384 | Enterprise Value Ebitda 18.126 | Price Sales 9.4416 | Shares Float 223.1 M | Dividend Share 1.98 |
CubeSmart Valuation on June 8, 2021
It is possible to determine the worth of CubeSmart on a given historical date. On June 8, 2021 CubeSmart was worth 52.08 at the beginning of the trading date compared to the closed value of 48.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CubeSmart stock. Still, in general, we apply an absolute valuation method to find CubeSmart's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CubeSmart where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CubeSmart's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 52.08 | 53.35 | 48.71 | 48.71 | 767,193 |
| 53.43 | 53.50 | 47.98 | 47.98 | 1,237,223 |
| Backtest CubeSmart | | | CubeSmart History | | | CubeSmart Valuation | Next |
CubeSmart Trading Date Momentum on June 8, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.CubeSmart Fundamentals Correlations and Trends
By evaluating CubeSmart's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CubeSmart's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CubeSmart financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CubeSmart Stock history
CubeSmart investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CubeSmart is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CubeSmart will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CubeSmart stock prices may prove useful in developing a viable investing in CubeSmart
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 226.2 M | 129.6 M | |
| Net Income Applicable To Common Shares | 335 M | 351.7 M |
CubeSmart Stock Technical Analysis
CubeSmart technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
CubeSmart Period Price Range
Low | April 1, 2022
| High |
52.08 | 48.71 |
CubeSmart April 17, 2024 Market Strength
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
| Accumulation Distribution | 66724.94 | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 51.03 | |||
| Day Typical Price | 50.26 | |||
| Price Action Indicator | (4.00) | |||
| Period Momentum Indicator | (6.50) | |||
| Relative Strength Index | 55.82 |
CubeSmart Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CubeSmart's price direction in advance. Along with the technical and fundamental analysis of CubeSmart Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CubeSmart to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.04) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 0.388 | Dividend Share 1.98 | Earnings Share 1.82 | Revenue Per Share 4.68 | Quarterly Revenue Growth 0.017 |
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.