PSA Forecast + Trading Strategies


Bullish Case: PSA has shown robust resilience with recent acquisitions and positive Q4 earnings recognized by Goldman Sachs. Its reliable dividend, vital in current market conditions, combined with a strategic expansion in profitable markets, presents a strong growth trajectory.


Bearish Case: Increased construction leads to over-capacity, putting pressure on yields. High interest rates diminish REIT attractiveness, with recent underperformance and market skepticism likely to drive further declines amid economic uncertainty.


Potential Outcomes:

1) Market adaptation to over-capacity stabilizes prices (30%).

2) Continued pressure from high rates leads to further declines (40%).

3) Strategic acquisitions bolster performance unexpectedly (30%).


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April 30, 2024


Public Storage Forecast

PSA        Public Storage
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with PSA



EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (0.92)


IVZ Forecast + Options Trading Strategies   IVZ  Invesco Ltd (0.83)


MCD Forecast + Options Trading Strategies   MCD  McDonald's (0.8)


SEE Forecast + Options Trading Strategies   SEE  Sealed Air (0.77)


MT Forecast + Options Trading Strategies   MT  New York Shares (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to PSA



NYT Forecast + Options Trading Strategies   NYT  New York Times Co. (-0.0)


  FERG   (0.0)


GNR Forecast + Options Trading Strategies   GNR  Active Trust - SPDR S&P Global Natural Resources (-0.0)


ROKU Forecast + Options Trading Strategies   ROKU  Roku (0.0)


GNTX Forecast + Options Trading Strategies   GNTX  Gentex (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PSA



MRO Forecast + Options Trading Strategies   MRO  Marathon Oil (-0.55)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (-0.57)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.61)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (-0.63)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.84)





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