GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Slottsviken Fastighetsaktiebolag (XSAT:SLOTT B) » Definitions » 12-1 Month Momentum %

Slottsviken Fastighetsaktiebolag (XSAT:SLOTT B) 12-1 Month Momentum % : 71.27% (As of Oct. 31, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Slottsviken Fastighetsaktiebolag 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 (2024-10-31), Slottsviken Fastighetsaktiebolag's 12-1 Month Momentum % is 71.27%.

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

XSAT:SLOTT B's 12-1 Month Momentum % is ranked better than
87.32% of 1853 companies
in the Real Estate industry
Industry Median: 7.25 vs XSAT:SLOTT B: 71.27

Competitive Comparison of Slottsviken Fastighetsaktiebolag's 12-1 Month Momentum %

For the Real Estate - Diversified subindustry, Slottsviken Fastighetsaktiebolag'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.


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

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

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



Slottsviken Fastighetsaktiebolag  (XSAT:SLOTT B) 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.


Slottsviken Fastighetsaktiebolag  (XSAT:SLOTT B) 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.


Slottsviken Fastighetsaktiebolag 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Slottsviken Fastighetsaktiebolag's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Slottsviken Fastighetsaktiebolag Business Description

Traded in Other Exchanges
N/A
Address
Kyrkogatan 24, Gothenburg, SWE, 411 15
Slottsviken Fastighetsaktiebolag is an investment company. The company is engaged in real estate activities including acquiring, managing and developing properties in peri-urban areas. It is also engaged in life science and securities business.

Slottsviken Fastighetsaktiebolag Headlines

No Headlines