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Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) 6-1 Month Momentum % : N/A% (As of Jun. 24, 2024)


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What is Golden Ventures Leasehold Real Estate Investment Trust 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-06-24), Golden Ventures Leasehold Real Estate Investment Trust's 6-1 Month Momentum % is N/A%.

The industry rank for Golden Ventures Leasehold Real Estate Investment Trust's 6-1 Month Momentum % or its related term are showing as below:

BKK:GVREIT's 6-1 Month Momentum % is not ranked *
in the REITs industry.
Industry Median: -1.405
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Golden Ventures Leasehold Real Estate Investment Trust's 6-1 Month Momentum %

For the REIT - Office subindustry, Golden Ventures Leasehold Real Estate Investment Trust's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


Golden Ventures Leasehold Real Estate Investment Trust's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Golden Ventures Leasehold Real Estate Investment Trust's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Golden Ventures Leasehold Real Estate Investment Trust's 6-1 Month Momentum % falls into.



Golden Ventures Leasehold Real Estate Investment Trust  (BKK:GVREIT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


Golden Ventures Leasehold Real Estate Investment Trust  (BKK:GVREIT) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


Golden Ventures Leasehold Real Estate Investment Trust 6-1 Month Momentum % Related Terms

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Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Business Description

Traded in Other Exchanges
N/A
Address
944 Rama 4 Road, 22nd Floor, Mitrtown Office Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Golden Ventures Leasehold Real Estate Investment Trust operates leasehold properties, focusing on office buildings. The company invests in properties located in Thailand. The Trust's objectives are to raise funds from investors both ordinary and juristic persons, including long-term loans from financial institutions and deposits from rental to invest in 2 projects Park Ventures Ecoplex Project and Sathorn Square Project.

Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Headlines

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