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Simon Property Group (BSP:SIMN34) 6-1 Month Momentum % : 27.52% (As of Dec. 14, 2024)


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What is Simon Property Group 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 (2024-12-14), Simon Property Group's 6-1 Month Momentum % is 27.52%.

The industry rank for Simon Property Group's 6-1 Month Momentum % or its related term are showing as below:

BSP:SIMN34's 6-1 Month Momentum % is ranked better than
86.82% of 971 companies
in the REITs industry
Industry Median: -0.12 vs BSP:SIMN34: 27.52

Competitive Comparison of Simon Property Group's 6-1 Month Momentum %

For the REIT - Retail subindustry, Simon Property Group'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.


Simon Property Group's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Simon Property Group's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Simon Property Group's 6-1 Month Momentum % falls into.



Simon Property Group  (BSP:SIMN34) 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.


Simon Property Group  (BSP:SIMN34) 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.


Simon Property Group 6-1 Month Momentum % Related Terms

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Simon Property Group Business Description

Address
225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $743 in sales per square foot in 2023 compared with $693 in sales per square foot over the 12 months before the pandemic. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 11 countries.

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