DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Momentum Rank : 2 (As of May. 16, 2024)

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What is DEMIRE Deutsche Mittelstand Real Estate AG Momentum Rank?

DEMIRE Deutsche Mittelstand Real Estate AG has the Momentum Rank of 2.

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 DEMIRE Deutsche Mittelstand Real Estate AG's Momentum Rank

For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate AG'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.

DEMIRE Deutsche Mittelstand Real Estate AG's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DEMIRE Deutsche Mittelstand Real Estate AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Momentum Rank falls into.

DEMIRE Deutsche Mittelstand Real Estate AG Momentum Rank Related Terms

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DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DMRE:Germany DMRE:Germany

Address

Robert-Bosch-Straße 11, Langen, Frankfurt, DEU, D-63225

Website

https://www.demire.ag

DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.

DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Headlines

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