Real Estate Credit Investments (LSE:RECI) Momentum Rank : 1 (As of Jun. 14, 2024)

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What is Real Estate Credit Investments Momentum Rank?

Real Estate Credit Investments has the Momentum Rank of 1.

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.

Competitive Comparison of Real Estate Credit Investments's Momentum Rank

For the Asset Management subindustry, Real Estate Credit Investments's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Real Estate Credit Investments's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Credit Investments's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Real Estate Credit Investments's Momentum Rank falls into.

Real Estate Credit Investments Momentum Rank Related Terms

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Real Estate Credit Investments (LSE:RECI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Real Estate Credit Investments Ltd (LSE:RECI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

RECIl:UK

Address

East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP

Website

https://www.realestatecreditinvestments.com

Real Estate Credit Investments Ltd is a closed-ended company registered in Guernsey. Its investment objective is to provide a levered exposure to a portfolio and stable returns in the form of quarterly dividends. The company seeks to ensure that its investment portfolio is geographically diverse and backed by a broad range of financial assets. It mainly invests in secured residential and commercial debt by exploiting opportunities in publicly traded securities and real estate loans. In order to achieve its objective, the company will invest in real estate debt investments such as securitized tranches of secured real estate-related debt securities. The company holds two reportable segments the Market Bond Portfolio and Bilateral Loan and Bond Portfolio.

Real Estate Credit Investments (LSE:RECI) Headlines

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