STGPF (Scentre Group) 6-1 Month Momentum % : -20.33% (As of Apr. 21, 2025)

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What is Scentre Group 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 (2025-04-21), Scentre Group's 6-1 Month Momentum % is -20.33%.

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

STGPF's 6-1 Month Momentum % is ranked worse than
72.46% of 995 companies
in the REITs industry
Industry Median: -4.91 vs STGPF: -20.33

Competitive Comparison of Scentre Group's 6-1 Month Momentum %

For the REIT - Retail subindustry, Scentre Group'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.

Scentre Group's 6-1 Month Momentum % Distribution in the REITs Industry

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

* The bar in red indicates where Scentre Group's 6-1 Month Momentum % falls into.

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Scentre Group (OTCPK:STGPF) 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.

Scentre Group (OTCPK:STGPF) 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.

Scentre Group 6-1 Month Momentum % Related Terms

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Scentre Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Scentre Group (OTCPK:STGPF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

59S:Germany SCG:Australia

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest premium shopping center portfolio in Australia and New Zealand, operating 42 Westfield malls. This includes seven of the top 10 malls in Australia by sales turnover and four of the top five in New Zealand. Westfield centers are typically one-stop shopping destinations, each with a comprehensive range of retail, service, lifestyle, and entertainment offerings. About half the retail floorspace is leased to anchor tenants, and half to specialty tenants. The vast majority of Scentre's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.