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Logistic Properties of the Americas (Logistic Properties of the Americas) Momentum Rank : 0 (As of Jun. 05, 2024)


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What is Logistic Properties of the Americas Momentum Rank?

Logistic Properties of the Americas has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Logistic Properties of the Americas (Logistic Properties of the Americas) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Logistic Properties of the Americas (AMEX:LPA) » Definitions » Momentum Rank
Comparable Companies
Traded in Other Exchanges
N/A
Address
Plaza Tempo, Edificio B, Oficina B1, Piso 2, San Rafael de Escazu, San Jose, CRI
Website
https://www.latamlp.com
Logistic Properties of the Americas is a fully-integrated, internally managed real estate company that develops, owns and manages a diversified portfolio of warehouse logistics assets in Central America and the South America. It focuses on modern Class A logistics real estate in high growth and high barrier-to-entry markets that are undersupplied and have low penetration rates.

Logistic Properties of the Americas (Logistic Properties of the Americas) Headlines