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China Merchants Commercial�REIT (STU:5C3) 12-1 Month Momentum % : -38.29% (As of Jun. 24, 2024)


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What is China Merchants Commercial�REIT 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 (2024-06-24), China Merchants Commercial�REIT's 12-1 Month Momentum % is -38.29%.

The industry rank for China Merchants Commercial�REIT's 12-1 Month Momentum % or its related term are showing as below:

STU:5C3's 12-1 Month Momentum % is ranked worse than
95.3% of 830 companies
in the REITs industry
Industry Median: -1.75 vs STU:5C3: -38.29

Competitive Comparison of China Merchants Commercial�REIT's 12-1 Month Momentum %

For the REIT - Office subindustry, China Merchants Commercial�REIT'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.


China Merchants Commercial�REIT's 12-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, China Merchants Commercial�REIT's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where China Merchants Commercial�REIT's 12-1 Month Momentum % falls into.



China Merchants Commercial�REIT  (STU:5C3) 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.


China Merchants Commercial�REIT  (STU:5C3) 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.


China Merchants Commercial�REIT 12-1 Month Momentum % Related Terms

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China Merchants Commercial�REIT (STU:5C3) Business Description

Traded in Other Exchanges
Address
China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200
China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre and Technology Building 2 among others.

China Merchants Commercial�REIT (STU:5C3) Headlines

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