NewLake Capital Partners (NewLake Capital Partners) Momentum Rank : 0 (As of May. 23, 2024)

View and export this data going back to 2021. Start your Free Trial

What is NewLake Capital Partners Momentum Rank?

NewLake Capital Partners 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.

NewLake Capital Partners Momentum Rank Related Terms

Thank you for viewing the detailed overview of NewLake Capital Partners's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

NewLake Capital Partners (NewLake Capital Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NewLake Capital Partners Inc (OTCPK:NLCP) » Definitions » Momentum Rank

Comparable Companies

AFCG LAND FPI CORR PW UNIT AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN PCH EPR ASX:ARF ASX:WPR

Traded in Other Exchanges

N/A

Address

50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840

Website

https://www.newlake.com

NewLake Capital Partners Inc is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases, and funding for build-to-suit projects.

Executives

David L. Weinstein	director, officer: Chief Executive Officer	62 BEACH STREET, APT. 5F, NEW YORK NY 10013
Peter A. Kadens	director	C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Peter Wiser Martay	director	C/O NEWLAKE CAPITAL PARTNERS, INC., 300 575 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Lisa Meyer	officer: CFO, Treasurer and Secretary	C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Anthony Coniglio	director, officer: See Remarks	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Gordon F Dugan	director	50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Fredric S. Starker	officer: See Remarks	52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Alan Jeffrey Carr	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Joyce Johnson	director	8251 S LUELLA AVENUE, CHICAGO IL 60617