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LaSalle LOGIPORT REIT (TSE:3466) 12-1 Month Momentum % : -4.95% (As of Jun. 20, 2024)


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What is LaSalle LOGIPORT 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 (2024-06-20), LaSalle LOGIPORT REIT's 12-1 Month Momentum % is -4.95%.

The industry rank for LaSalle LOGIPORT REIT's 12-1 Month Momentum % or its related term are showing as below:

TSE:3466's 12-1 Month Momentum % is ranked worse than
57.59% of 823 companies
in the REITs industry
Industry Median: -1.84 vs TSE:3466: -4.95

Competitive Comparison of LaSalle LOGIPORT REIT's 12-1 Month Momentum %

For the REIT - Industrial subindustry, LaSalle LOGIPORT 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.


LaSalle LOGIPORT REIT's 12-1 Month Momentum % Distribution in the REITs Industry

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

* The bar in red indicates where LaSalle LOGIPORT REIT's 12-1 Month Momentum % falls into.



LaSalle LOGIPORT REIT  (TSE:3466) 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.


LaSalle LOGIPORT REIT  (TSE:3466) 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.


LaSalle LOGIPORT REIT 12-1 Month Momentum % Related Terms

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LaSalle LOGIPORT REIT (TSE:3466) Business Description

Traded in Other Exchanges
N/A
Address
Marunouchi, 1-11-1, Marunouchi, 14th Floor, Pacific Century Place, Chiyoda-ku, Tokyo, JPN
LaSalle LOGIPORT REIT is a Japan-based real estate investment trust. The company intends to invest in facilities that cater to its tenant's needs for integrated and efficient logistics operations. The majority of firm's assets are located in Tokyo area. The firm focuses on investments in prime logistics within the Tokyo and Osaka area. Its growth strategy is backed by the sponsor group's support.

LaSalle LOGIPORT REIT (TSE:3466) Headlines

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