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Lendlease Group (Lendlease Group) 12-1 Month Momentum % : -12.99% (As of Apr. 28, 2024)


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What is Lendlease Group 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 (2024-04-28), Lendlease Group's 12-1 Month Momentum % is -12.99%.

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

LLESY's 12-1 Month Momentum % is ranked worse than
65.13% of 1887 companies
in the Real Estate industry
Industry Median: -2.04 vs LLESY: -12.99

Competitive Comparison of Lendlease Group's 12-1 Month Momentum %

For the Real Estate - Diversified subindustry, Lendlease Group'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.

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

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

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


Lendlease Group  (OTCPK:LLESY) 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.

Lendlease Group  (OTCPK:LLESY) 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.

Lendlease Group 12-1 Month Momentum % Related Terms

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Lendlease Group (Lendlease Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lendlease Group (OTCPK:LLESY) » Definitions » 12-1 Month Momentum %
Comparable Companies
ASX:CHC ASX:LIC ASX:APZ ASX:AXI ASX:RPG ASX:GMG TSE:8801 TSE:8802 PHS:SMPH HKSE:00012 OSTO:BALD B BKK:CPN TSE:1878 XSWX:SPSN SHSE:600415 VESTA MIC:PIKK BOM:503100 TSE:3289 SHSE:600515
Traded in Other Exchanges
LLESF:USA LLC:Australia
Address
Level 14, Tower Three, 300 Barangaroo Avenue, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Website
https://www.lendlease.com
Lendlease's business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.