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Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) 6-1 Month Momentum %

: -3.38% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), Ozderici Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % is -3.38%.

The industry rank for Ozderici Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % or its related term are showing as below:

IST:OZGYO's 6-1 Month Momentum % is ranked worse than
72.79% of 849 companies
in the REITs industry
Industry Median: 2.56 vs IST:OZGYO: -3.38

Competitive Comparison

For the REIT - Diversified subindustry, Ozderici Gayrimenkul Yatirim Ortakligi AS'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.


Ozderici Gayrimenkul Yatirim Ortakligi AS 6-1 Month Momentum % Distribution

For the REITs industry and Real Estate sector, Ozderici Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ozderici Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % falls into.



Ozderici Gayrimenkul Yatirim Ortakligi AS  (IST:OZGYO) 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.


Ozderici Gayrimenkul Yatirim Ortakligi AS  (IST:OZGYO) 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.


Ozderici Gayrimenkul Yatirim Ortakligi AS 6-1 Month Momentum % Related Terms

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Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Street Building Loan Plaza C Block, Floor 9, Levent, Istanbul, TUR, 34330
Ozderici Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust involved in the real estate development projects. The projects of the company include Nuvo Dragos, Zeytinburnu Akevler Siteleri, Akatlar Ozderici Bloklari, Yapi Kredi Plaza'da Ofis and Bayrampasa 5 Adet Is Merkezi.

Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Headlines

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