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Public Property Invest ASA (OSL:PUBLI) 6-1 Month Momentum % : -0.80% (As of Mar. 04, 2025)


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What is Public Property Invest ASA 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 (2025-03-04), Public Property Invest ASA's 6-1 Month Momentum % is -0.80%.

The industry rank for Public Property Invest ASA's 6-1 Month Momentum % or its related term are showing as below:

OSL:PUBLI's 6-1 Month Momentum % is ranked better than
51.73% of 1852 companies
in the Real Estate industry
Industry Median: -1.38 vs OSL:PUBLI: -0.80

Competitive Comparison of Public Property Invest ASA's 6-1 Month Momentum %

For the Real Estate Services subindustry, Public Property Invest ASA'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.


Public Property Invest ASA's 6-1 Month Momentum % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Public Property Invest ASA's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Public Property Invest ASA's 6-1 Month Momentum % falls into.



Public Property Invest ASA  (OSL:PUBLI) 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.


Public Property Invest ASA  (OSL:PUBLI) 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.


Public Property Invest ASA 6-1 Month Momentum % Related Terms

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Public Property Invest ASA Business Description

Traded in Other Exchanges
Address
Haakon VIIs gate 5, Oslo, NOR, 0161
Public Property Invest ASA is a real estate company focusing on acquiring and managing properties in Norway through its subsidiaries. The properties comprise mainly of office spaces and are primarily let to public tenants. The company has has one segment which is commercial properties.

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