Public Storage Stock Price on April 23, 2024
| PSA Stock | USD 288.67 1.65 0.57% |
Below is the normalized historical share price chart for Public Storage extending back to November 18, 1980. 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 Public Storage stands at 288.67, as last reported on the 17th of May 2024, with the highest price reaching 290.84 and the lowest price hitting 287.00 during the day.
If you're considering investing in Public Stock, it is important to understand the factors that can impact its price. We consider Public Storage very steady. Public Storage maintains Sharpe Ratio (i.e., Efficiency) of 0.0346, which implies the firm had a 0.0346% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Public Storage, which you can use to evaluate the volatility of the company. Please check Public Storage's Coefficient Of Variation of 1861.21, semi deviation of 1.58, and Risk Adjusted Performance of 0.0382 to confirm if the risk estimate we provide is consistent with the expected return of 0.0534%.
At present, Public Storage'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 4.5 B, whereas Total Stockholder Equity is forecasted to decline to about 5.4 B. . At present, Public Storage's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 5.61, whereas Price To Sales Ratio is forecasted to decline to 8.26. Public Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of November 1980 | 200 Day MA 274.8041 | 50 Day MA 275.3534 | Beta 0.559 |
Public |
Sharpe Ratio = 0.0346
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| Cash | Small Risk | PSA | High Risk | Huge Risk |
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Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Public Storage is performing at about 2% of its full potential. 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 Public Storage by adding it to a well-diversified portfolio.
Price Book 8.4433 | Enterprise Value Ebitda 18.2217 | Price Sales 10.5483 | Shares Float 157.6 M | Dividend Share 12 |
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Public Storage Valuation on April 23, 2024
It is possible to determine the worth of Public Storage on a given historical date. On April 23, 2024 Public was worth 261.81 at the beginning of the trading date compared to the closed value of 262.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Public Storage stock. Still, in general, we apply an absolute valuation method to find Public Storage'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 Public Storage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Public Storage's related companies.
| Open | High | Low | Close | Volume | |
| 261.13 | 261.70 | 258.38 | 261.44 | 769,858 | |
04/23/2024 | 261.81 | 263.98 | 261.11 | 262.22 | 512,856 |
| 260.30 | 263.26 | 257.05 | 262.17 | 699,043 |
| Backtest Public Storage | | | Public Storage History | | | Public Storage Valuation | Previous | Next |
Public Storage Trading Date Momentum on April 23, 2024
| On April 24 2024 Public Storage was traded for 262.17 at the closing time. Highest Public Storage's price during the trading hours was 263.26 and the lowest price during the day was 257.05 . The net volume was 699 K. The overall trading history on the 24th of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.02% . The trading delta at closing time to current price is 2.18% . |
Public Storage Fundamentals Correlations and Trends
By evaluating Public Storage'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 Public Storage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Public financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Public Storage Stock history
Public Storage 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 Public is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Public Storage 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 Public Storage stock prices may prove useful in developing a viable investing in Public Storage
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 176.1 M | 119.2 M | |
| Net Income Applicable To Common Shares | 4.8 B | 5 B |
Public Storage Stock Technical Analysis
Public Storage 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
Public Storage Period Price Range
Low | April 23, 2024
| High |
261.81 | 262.22 |
Public Storage May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Public Storage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Public Storage shares will generate the highest return on investment. By undertsting and applying Public Storage stock market strength indicators, traders can identify Public Storage entry and exit signals to maximize returns
| Accumulation Distribution | 5575.79 | |||
| Daily Balance Of Power | 0.1429 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 262.55 | |||
| Day Typical Price | 262.44 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | 26.45 |
Public Storage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Public Storage's price direction in advance. Along with the technical and fundamental analysis of Public Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Public 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 | 0.0382 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0433 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. 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. For information on how to trade Public Stock refer to our How to Trade Public Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Public Stock analysis
When running Public Storage's price analysis, check to measure Public 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 Public Storage is operating at the current time. Most of Public Storage's value examination focuses on studying past and present price action to predict the probability of Public 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 Public Storage's price. Additionally, you may evaluate how the addition of Public Storage to your portfolios can decrease your overall portfolio volatility.
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Is Public 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 Public Storage. If investors know Public 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 Public 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 (0.02) | Dividend Share 12 | Earnings Share 11.01 | Revenue Per Share 26.255 | Quarterly Revenue Growth 0.057 |
The market value of Public Storage is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Storage's value that differs from its market value or its book value, called intrinsic value, which is Public 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 Public Storage's market value can be influenced by many factors that don't directly affect Public 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 Public Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public 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.