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RBR Gestao de Recursosa (BSP:RBRR11) 12-1 Month Momentum % : 3.64% (As of Jun. 23, 2024)


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What is RBR Gestao de Recursosa 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-06-23), RBR Gestao de Recursosa's 12-1 Month Momentum % is 3.64%.

The industry rank for RBR Gestao de Recursosa's 12-1 Month Momentum % or its related term are showing as below:

BSP:RBRR11's 12-1 Month Momentum % is ranked better than
50.38% of 1733 companies
in the Asset Management industry
Industry Median: 3.38 vs BSP:RBRR11: 3.64

Competitive Comparison of RBR Gestao de Recursosa's 12-1 Month Momentum %

For the Asset Management subindustry, RBR Gestao de Recursosa's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


RBR Gestao de Recursosa's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RBR Gestao de Recursosa's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where RBR Gestao de Recursosa's 12-1 Month Momentum % falls into.



RBR Gestao de Recursosa  (BSP:RBRR11) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RBR Gestao de Recursosa  (BSP:RBRR11) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


RBR Gestao de Recursosa 12-1 Month Momentum % Related Terms

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RBR Gestao de Recursosa (BSP:RBRR11) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Av. Pres. Juscelino Kubitschek, 1400, 12th Floor, Cj 122, Sao Paulo, SC, BRA, CEP: 04543-000
RBR Gestão de Recursos Ltda is an asset management company, focused on the real estate market. The company executes investment strategies on Real Estate Development, Income, Mortgage Loans, Listed FIIs and US Investments.

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