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BHG Retail REIT (SGX:BMGU) 6-1 Month Momentum % : 2.08% (As of Dec. 11, 2024)


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What is BHG Retail REIT 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 (2024-12-11), BHG Retail REIT's 6-1 Month Momentum % is 2.08%.

The industry rank for BHG Retail REIT's 6-1 Month Momentum % or its related term are showing as below:

SGX:BMGU's 6-1 Month Momentum % is ranked better than
55.76% of 972 companies
in the REITs industry
Industry Median: -0.215 vs SGX:BMGU: 2.08

Competitive Comparison of BHG Retail REIT's 6-1 Month Momentum %

For the REIT - Retail subindustry, BHG Retail REIT'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.


BHG Retail REIT's 6-1 Month Momentum % Distribution in the REITs Industry

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

* The bar in red indicates where BHG Retail REIT's 6-1 Month Momentum % falls into.



BHG Retail REIT  (SGX:BMGU) 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.


BHG Retail REIT  (SGX:BMGU) 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.


BHG Retail REIT 6-1 Month Momentum % Related Terms

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BHG Retail REIT Business Description

Traded in Other Exchanges
N/A
Address
12 Marina Boulevard, Level 44, Marina Bay Financial Centre, Tower 3, Singapore, SGP, 018982
BHG Retail REIT invests directly or indirectly, in a diversified portfolio of income-producing real estate that is used for retail purposes. Its portfolio comprises six retail properties, Beijing Wanliu Mall, Chengdu Konggang Mall, Hefei Mengchenglu Mall, Hefei Changjiangxilu, Xining Huayuan Mall and Dalian Jinsanjiao Property.

BHG Retail REIT Headlines

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