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HomeFed (HomeFed) 12-1 Month Momentum % : -34.87% (As of May. 06, 2024)


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What is HomeFed 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-06), HomeFed's 12-1 Month Momentum % is -34.87%.

The industry rank for HomeFed's 12-1 Month Momentum % or its related term are showing as below:

HOFD's 12-1 Month Momentum % is not ranked
in the Real Estate industry.
Industry Median: -2.85 vs HOFD: -34.87

Competitive Comparison of HomeFed's 12-1 Month Momentum %

For the Real Estate - Development subindustry, HomeFed's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HomeFed's 12-1 Month Momentum % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HomeFed's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where HomeFed's 12-1 Month Momentum % falls into.


HomeFed  (OTCPK:HOFD) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HomeFed  (OTCPK:HOFD) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

HomeFed 12-1 Month Momentum % Related Terms

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HomeFed (HomeFed) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HomeFed Corp (OTCPK:HOFD) » Definitions » 12-1 Month Momentum %
Comparable Companies
TSE:8871 HKSE:00230 SHSE:600052 BKK:GOLD XTAE:ISCN XTAE:AZRM TPE:2511 HKSE:00028 LSE:HWG BSP:DIRR3 SZSE:000056 SHSE:600638 BOM:532832 SHSE:600890 SGX:40S LSE:ETLN BKK:AMATA SHSE:600215 SZSE:000558 BKK:GLAND
Traded in Other Exchanges
N/A
Address
1903 Wright Place, Suite 220, Carlsbad, CA, USA, 92008
Website
http://www.homefedcorporation.com
HomeFed Corp is a real estate development company. The company segmented its operating activities into three reportable segments, Real Estate, Farming, and Corporate. The Real Estate operations consist of a variety of residential and commercial land development projects and other unimproved lands, and retail and office operating properties. Real Estate also includes equity method investments in BRP Holding and BRP Hotel. Farming operations consist of the Rampage property, a project with which it is conducting farming activities during the lengthy entitlement and development process. Corporate primarily consists of interest income and overhead expenses. Its property portfolio consists of master planned communities, income properties, and land holdings.
Executives
Brian P Friedman director
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Patrick D Bienvenue director 1903 WRIGHT PLACE STE 220, CARLSBAD CA 92008
Ian M. Cumming director PO BOX 4902, JACKSON WY 83001