Public Storage Dep Preferred Stock Market Value
| PSA-P-S Preferred Stock | 17.19 0.08 0.46% |
| Symbol | Public |
Public Storage 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Public Storage's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Public Storage.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Public Storage on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Public Storage DEP or generate 0.0% return on investment in Public Storage over 180 days.
Public Storage Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Public Storage's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Public Storage DEP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 3.95 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.09 |
Public Storage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Public Storage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Public Storage's standard deviation. In reality, there are many statistical measures that can use Public Storage historical prices to predict the future Public Storage's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.90) |
Public Storage DEP Backtested Returns
Public Storage DEP maintains Sharpe Ratio (i.e., Efficiency) of -0.28, which implies the firm had a -0.28% return per unit of risk over the last 3 months. Public Storage DEP exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Public Storage's Coefficient Of Variation of (339.26), variance of 0.6597, and Risk Adjusted Performance of (0.23) to confirm the risk estimate we provide. The company holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Public Storage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Public Storage is expected to be smaller as well. At this point, Public Storage DEP has a negative expected return of -0.23%. Please make sure to check Public Storage's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Public Storage DEP performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.95 |
Near perfect reversele predictability
Public Storage DEP has near perfect reversele predictability. Overlapping area represents the amount of predictability between Public Storage time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Public Storage DEP price movement. The serial correlation of -0.95 indicates that approximately 95.0% of current Public Storage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.95 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Public Storage DEP lagged returns against current returns
Autocorrelation, which is Public Storage preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Public Storage's preferred stock expected returns. We can calculate the autocorrelation of Public Storage returns to help us make a trade decision. For example, suppose you find that Public Storage has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Public Storage regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Public Storage preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Public Storage preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Public Storage preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Public Storage Lagged Returns
When evaluating Public Storage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Public Storage preferred stock have on its future price. Public Storage autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Public Storage autocorrelation shows the relationship between Public Storage preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Public Storage DEP.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Public Preferred 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.