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Performa Real Estate - Fundo DE Investimento Imobiliario (BSP:PEMA11) 3-1 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 3-1 Month Momentum % measures the total return to a stock over the past three 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.
Performa Real Estate - Fundo DE Investimento Imobiliario 3-1 Month Momentum % Related Terms
BSP:PEMA11 vs VICI, WPC: 3-1 Month Momentum % Comparison
* 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.
Performa Real Estate - Fundo DE Investimento Imobiliario 3-1 Month Momentum % vs REITs Industry
Performa Real Estate - Fundo DE Investimento Imobiliario (BSP:PEMA11) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-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.
Performa Real Estate - Fundo DE Investimento Imobiliario (BSP:PEMA11) has a 3-1 Month Momentum % of -1.37% as of Sep. 03, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Performa Real Estate - Fundo DE Investimento Imobiliario and its competitors. According to the industry distribution chart, Performa Real Estate - Fundo DE Investimento Imobiliario ranks #559 out of 942 companies in the REITs industry, placing it in the top 59.3%.
Is Performa Real Estate - Fundo DE Investimento Imobiliario's 3-1 Month Momentum % too high?
Performa Real Estate - Fundo DE Investimento Imobiliario's current 3-1 Month Momentum % is -1.37%. Based on the distribution chart, Performa Real Estate - Fundo DE Investimento Imobiliario ranks #559 out of 942 companies in the REITs industry, which is below the industry midpoint. Overall, Performa Real Estate - Fundo DE Investimento Imobiliario has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Performa Real Estate - Fundo DE Investimento Imobiliario's 3-1 Month Momentum % compare to VICI and WPC?
According to the REITs industry distribution chart, Performa Real Estate - Fundo DE Investimento Imobiliario ranks #559 out of 942 companies for 3-1 Month Momentum %. This places Performa Real Estate - Fundo DE Investimento Imobiliario in the lower half of its industry. The industry median 3-1 Month Momentum % is 0.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a REITs company?
The median 3-1 Month Momentum % among REITs companies is 0.31, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Performa Real Estate - Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median 3-1 Month Momentum % is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Performa Real Estate - Fundo DE Investimento Imobiliario's current 3-1 Month Momentum % is -1.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Performa Real Estate - Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Performa Real Estate - Fundo DE Investimento Imobiliario (BSP:PEMA11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$8.10, compared to a current price of R$24.06 — trading 197% above its estimated fair value. The current 3-1 Month Momentum % is -1.37%. Performa Real Estate - Fundo DE Investimento Imobiliario's overall GF Score™ is 39/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Performa Real Estate - Fundo DE Investimento Imobiliario (BSP:PEMA11), the current 3-1 Month Momentum % is -1.37% as of Sep. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Performa Real Estate - Fundo DE Investimento Imobiliario (BSP:PEMA11) Overvalued in 2026?
Based on GuruFocus' analysis, Performa Real Estate - Fundo DE Investimento Imobiliario stock appears to be overvalued.
The current stock price of R$24.06 is trading 197% above its estimated GF Value™ of R$8.10.
GuruFocus considers Performa Real Estate - Fundo DE Investimento Imobiliario to be Significantly Overvalued.
Key valuation signals for BSP:PEMA11:
3-1 Month Momentum %: -1.37%
GF Value™: R$8.10 vs. price of R$24.06 (197% above fair value)
No single metric tells the full story. See the BSP:PEMA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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