GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ground Rents Income Fund PLC (LSE:GRIO) » Definitions » 12-1 Month Momentum %

Ground Rentsome Fund (LSE:GRIO) 12-1 Month Momentum % : -17.33% (As of Apr. 29, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Ground Rentsome Fund 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 (2024-04-29), Ground Rentsome Fund's 12-1 Month Momentum % is -17.33%.

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

LSE:GRIO's 12-1 Month Momentum % is not ranked
in the REITs industry.
Industry Median: -0.84 vs LSE:GRIO: -17.33

Competitive Comparison of Ground Rentsome Fund's 12-1 Month Momentum %

For the REIT - Diversified subindustry, Ground Rentsome Fund'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.


Ground Rentsome Fund's 12-1 Month Momentum % Distribution in the REITs Industry

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

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



Ground Rentsome Fund  (LSE:GRIO) 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.


Ground Rentsome Fund  (LSE:GRIO) 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.


Ground Rentsome Fund 12-1 Month Momentum % Related Terms

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


Ground Rentsome Fund (LSE:GRIO) Business Description

Traded in Other Exchanges
N/A
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Ground Rents Income Fund PLC is a closed-ended real estate investment trust. It is involved in ground rents which include freeholds and leaseholds of residential, retail, and commercial. Its investment objective is to provide secure long-term performance through investment in long-dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. It also offers a commission on insurance policies. The majority of the revenue is earned by the income received from the ground rent.

Ground Rentsome Fund (LSE:GRIO) Headlines

No Headlines