GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Schroder Real Estate IT Ltd (LSE:SREI) » Definitions » Momentum Rank

Schroder Real Estate IT (LSE:SREI) Momentum Rank : 5 (As of May. 25, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Schroder Real Estate IT Momentum Rank?

Schroder Real Estate IT has the Momentum Rank of 5.

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 Schroder Real Estate IT's Momentum Rank

For the REIT - Diversified subindustry, Schroder Real Estate IT'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.


Schroder Real Estate IT's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Schroder Real Estate IT's Momentum Rank distribution charts can be found below:

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



Schroder Real Estate IT Momentum Rank Related Terms

Thank you for viewing the detailed overview of Schroder Real Estate IT's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Schroder Real Estate IT (LSE:SREI) Business Description

Traded in Other Exchanges
Address
2 Town Mills, North Suite, Rue du Pre, Saint Peter Port, GGY, GY1 1LT
Schroder Real Estate IT Ltd is a real estate investment company. The company provides shareholders with income together with the potential for income and capital growth through investing in United Kingdom commercial property. Its only reporting segments is property investment. Geographically, the company operates in the United Kingdom. Its portfolio invests in the three main United Kingdom commercial real estate sectors of office, industrial and retail, and in other sectors including residential, leisure, healthcare and student accommodation.

Schroder Real Estate IT (LSE:SREI) Headlines

No Headlines