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DLRPL.PFD (Digital Realty Trust) 6-1 Month Momentum % : 10.26% (As of Dec. 12, 2024)


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What is Digital Realty 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 (2024-12-12), Digital Realty Trust's 6-1 Month Momentum % is 10.26%.

The industry rank for Digital Realty Trust's 6-1 Month Momentum % or its related term are showing as below:

DLRpL.PFD's 6-1 Month Momentum % is ranked better than
90.43% of 972 companies
in the REITs industry
Industry Median: -0.215 vs DLRpL.PFD: 10.26

Competitive Comparison of Digital Realty Trust's 6-1 Month Momentum %

For the REIT - Specialty subindustry, Digital Realty 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.


Digital Realty Trust's 6-1 Month Momentum % Distribution in the REITs Industry

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

* The bar in red indicates where Digital Realty Trust's 6-1 Month Momentum % falls into.



Digital Realty Trust  (NYSE:DLRpL.PFD) 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.


Digital Realty Trust  (NYSE:DLRpL.PFD) 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.


Digital Realty Trust 6-1 Month Momentum % Related Terms

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Digital Realty Trust Business Description

Address
5707 Southwest Parkway, Building 1, Suite 275, Austin, TX, USA, 78735
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.