Phoenix Tree Holdings (Phoenix Tree Holdings) 6-1 Month Momentum % : 6.62% (As of May. 06, 2024)

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What is Phoenix Tree Holdings 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 (2024-05-06), Phoenix Tree Holdings's 6-1 Month Momentum % is 6.62%.

The industry rank for Phoenix Tree Holdings's 6-1 Month Momentum % or its related term are showing as below:

DNK's 6-1 Month Momentum % is not ranked
in the Real Estate industry.
Industry Median: 2.5 vs DNK: 6.62

Competitive Comparison of Phoenix Tree Holdings's 6-1 Month Momentum %

For the Real Estate Services subindustry, Phoenix Tree Holdings'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.

Phoenix Tree Holdings's 6-1 Month Momentum % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Phoenix Tree Holdings's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Phoenix Tree Holdings's 6-1 Month Momentum % falls into.

Phoenix Tree Holdings (NYSE:DNK) 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.

Phoenix Tree Holdings (NYSE:DNK) 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.

Phoenix Tree Holdings 6-1 Month Momentum % Related Terms

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Phoenix Tree Holdings (Phoenix Tree Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Tree Holdings Ltd (NYSE:DNK) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Chao Yang Men Nei Street, Room 212, Chao Yang Shou Fu, Dongcheng District, Beijing, CHN

Website

https://www.danke.com

Phoenix Tree Holdings Ltd is engaged in redefining the residential rental market through technology. It provides a solution to both property owners and renters in the residential rental market through its new rental business model. It centrally operate the apartments sourced from property owners and rent them out to residents. It standardizes the design, renovation, and furnishing of apartment units, and provides high-quality, reliable one-stop services. The company has no physical storefronts and operates the entire business process by technology to enable seamless online experience for both property owners and residents. It operates two branded products, Danke Apartment and Dream Apartment.