As of 18 of October Extra Space shows Downside Deviation of 0.8781, Coefficient Of Variation of 1974.5 and Mean Deviation of 0.6572. Extra Space Storage technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Extra Space Storage which can be compared to its rivals. Please confirm Extra Space Storage Variance and Potential Upside to decide if Extra Space Storage is priced favorably providing market reflects its regular price of 114.17 per share. Given that Extra Space has Jensen Alpha of 0.0358, we urge you verify Extra Space Storage prevailing market performance to make sure the company can sustain itself at future point.
Extra Space Storage current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Extra Space Analyst Advice|
|Horizon||30 Days Login to change|
Extra Space Storage Technical Analysis
Extra Space Storage Trend AnalysisUse this graph to draw trend lines for Extra Space Storage. You can use it to identify possible trend reversals for Extra Space as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Extra Space price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Extra Space Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Extra Space Storage applied against its price change over selected period. The best fit line has a slop of 0.0031 which may imply that the returns on investment in Extra Space Storage will continue to fail. It has 122 observation points and a regression sum of squares at 0.36, which is the sum of squared deviations for the predicted Extra Space price change compared to its average price change.
Extra Space October 18, 2019 Technical Indicators
|Risk Adjusted Performance||0.0478|
|Market Risk Adjusted Performance||0.2364|
|Coefficient Of Variation||1974.5|
|Total Risk Alpha||0.0476|
|Value At Risk||(1.22)|
|Expected Short fall||(0.70)|
Extra Space October 18, 2019 Daily Price Condition
|Daily Balance Of Power||(1.00)|
|Rate Of Daily Change||1.00|
|Day Median Price||114.11|
|Day Typical Price||114.13|
|Price Action Indicator||0.00|
|Market Facilitation Index||0.13|