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eXp World Holdings (FRA:44Y) 6-1 Month Momentum % : -23.88% (As of Jun. 15, 2024)


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What is eXp World 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 (2024-06-15), eXp World Holdings's 6-1 Month Momentum % is -23.88%.

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

FRA:44Y's 6-1 Month Momentum % is ranked worse than
86.46% of 1876 companies
in the Real Estate industry
Industry Median: 1.615 vs FRA:44Y: -23.88

Competitive Comparison of eXp World Holdings's 6-1 Month Momentum %

For the Real Estate Services subindustry, eXp World 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.


eXp World Holdings's 6-1 Month Momentum % Distribution in the Real Estate Industry

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

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



eXp World Holdings  (FRA:44Y) 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.


eXp World Holdings  (FRA:44Y) 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.


eXp World Holdings 6-1 Month Momentum % Related Terms

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eXp World Holdings (FRA:44Y) Business Description

Traded in Other Exchanges
Address
2219 Rimland Drive, Suite 301, Bellingham, WA, USA, 98226
eXp World Holdings Inc is a cloud-based residential real estate company. The company owns and operates a cloud-based real estate brokerage and a technology platform business that develops and uses immersive technologies that help businesses increase their effectiveness and reduce costs from operating in traditional brick and mortar office spaces. Its business categories include Real Estate Brokerage, Technology Products and Services, Title, Escrow, Settlement Services, and Mortgage Brokerage Services. The company mainly operates in the United States and Canada, and it also has operations in the United Kingdom, Australia, South Africa, France, India, Portugal, and Mexico, among others.

eXp World Holdings (FRA:44Y) Headlines

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