CTRRF (CT Real Estate Investment Trust) 6-1 Month Momentum % : 4.10% (As of Dec. 11, 2024)

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What is CT 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 (2024-12-11), CT Real Estate Investment Trust's 6-1 Month Momentum % is 4.10%.

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

CTRRF's 6-1 Month Momentum % is ranked better than
77.67% of 972 companies
in the REITs industry
Industry Median: -0.215 vs CTRRF: 4.10

Competitive Comparison of CT Real Estate Investment Trust's 6-1 Month Momentum %

For the REIT - Retail subindustry, CT 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.

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

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

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

CT Real Estate Investment Trust (OTCPK:CTRRF) 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.

CT Real Estate Investment Trust (OTCPK:CTRRF) 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.

CT Real Estate Investment Trust 6-1 Month Momentum % Related Terms

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CT Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CT Real Estate Investment Trust (OTCPK:CTRRF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

5G4:Germany CRT.UN:Canada

Address

2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website

https://www.ctreit.com

CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The important portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.