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Bullish Case: Insider buying signals executive confidence, with substantial purchases suggesting a bullish outlook. Historical performance and revenue growth align for an optimistic case.


Bearish Case: Potential market saturation and competition may dampen demand. High interest rates and mean-reverting price action suggest bearish risks that could hinder growth.


Potential Outcomes:

1) Growth continues on strong fundaments (60%).

2) Demand flattens, affecting occupancy rates (25%).

3) Competitive pressures lead to market share loss (15%).


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April 02, 2024


Extra Space Storage Forecast

EXR        Extra Space Storage
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with EXR



CUBE Forecast + Options Trading Strategies   [CUBE]  CubeSmart (0.97)


PSA Forecast + Options Trading Strategies   [PSA]  Public Storage (0.93)


BND Forecast + Options Trading Strategies   [BND]  Vanguard Total Bond Market (0.9)


IGLB Forecast + Options Trading Strategies   [IGLB]  BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond (0.86)


VCLT Forecast + Options Trading Strategies   [VCLT]  Vanguard Long-Term Corporate Bond (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to EXR



PAR Forecast + Options Trading Strategies   [PAR]  Par Technology (0.0)


ESTC Forecast + Options Trading Strategies   [ESTC]  Elastic (0.0)


MU Forecast + Options Trading Strategies   [MU]  Micron Technology (0.0)


CARR Forecast + Options Trading Strategies   [CARR]  Carrier (0.0)


EFC Forecast + Options Trading Strategies   [EFC]  Ellington Financial (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EXR



JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.65)


UCO Forecast + Options Trading Strategies   [UCO]  ProShares Ultra Bloomberg Crude Oil (-0.65)


SBOW Forecast + Options Trading Strategies   [SBOW]  SilverBow Resources (-0.67)


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


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.85)





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