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Fundo Investimento Imobiliario Votorantim Logistica (BSP:VTLT11) 6-1 Month Momentum % : -5.92% (As of Dec. 13, 2024)


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What is Fundo Investimento Imobiliario Votorantim Logistica 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 (2024-12-13), Fundo Investimento Imobiliario Votorantim Logistica's 6-1 Month Momentum % is -5.92%.

The industry rank for Fundo Investimento Imobiliario Votorantim Logistica's 6-1 Month Momentum % or its related term are showing as below:

BSP:VTLT11's 6-1 Month Momentum % is ranked worse than
68.13% of 979 companies
in the REITs industry
Industry Median: 0.77 vs BSP:VTLT11: -5.92

Competitive Comparison of Fundo Investimento Imobiliario Votorantim Logistica's 6-1 Month Momentum %

For the REIT - Specialty subindustry, Fundo Investimento Imobiliario Votorantim Logistica'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 Investimento Imobiliario Votorantim Logistica's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario Votorantim Logistica's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario Votorantim Logistica's 6-1 Month Momentum % falls into.



Fundo Investimento Imobiliario Votorantim Logistica  (BSP:VTLT11) 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 Investimento Imobiliario Votorantim Logistica  (BSP:VTLT11) 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 Investimento Imobiliario Votorantim Logistica 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Fundo Investimento Imobiliario Votorantim Logistica's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo Investimento Imobiliario Votorantim Logistica Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Nacoes Unidas, 14.171, Tower A, 11th Floor, Sao Paulo, SP, BRA, 04794-000
Fundo Investimento Imobiliario Votorantim Logistica is a real estate fund. The objective of the Fund is to provide shareholders with income monthly through the leasing of logistical properties.

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