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Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii (BSP:TRBL11) 6-1 Month Momentum % : 6.96% (As of Jun. 24, 2024)


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What is Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii 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), Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's 6-1 Month Momentum % is 6.96%.

The industry rank for Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's 6-1 Month Momentum % or its related term are showing as below:

BSP:TRBL11's 6-1 Month Momentum % is ranked better than
79.15% of 844 companies
in the REITs industry
Industry Median: -1.56 vs BSP:TRBL11: 6.96

Competitive Comparison of Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's 6-1 Month Momentum %

For the REIT - Industrial subindustry, Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii'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.


Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's 6-1 Month Momentum % falls into.



Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii  (BSP:TRBL11) 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.


Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii  (BSP:TRBL11) 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.


Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii (BSP:TRBL11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Chedid Jafet nº 222, Block B, 3rd Floor, Suite 32, Sao Paulo, SP, BRA, 04551-065
Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii is a real estate investment fund constituted in the form of a closed condominium. The purpose of the Fund is to make investments in long-term real estate projects, through the acquisition and subsequent asset management of properties of a logistical and industrial nature, notably logistical warehouses, preferably in the states of Sao Paulo and/or Rio de Janeiro.

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii (BSP:TRBL11) Headlines

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