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New African Properties (BOT:NAP) 12-1 Month Momentum %

: 6.10% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2023-02-01), New African Properties's 12-1 Month Momentum % is 6.10%.

The industry rank for New African Properties's 12-1 Month Momentum % or its related term are showing as below:

BOT:NAP's 12-1 Month Momentum % is ranked better than
80.16% of 1850 companies
in the Real Estate industry
Industry Median: -14.99 vs BOT:NAP: 6.10

Competitive Comparison

For the Real Estate Services subindustry, New African Properties's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

   

New African Properties 12-1 Month Momentum % Distribution

For the Real Estate industry and Real Estate sector, New African Properties's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where New African Properties's 12-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 12-1 Month Momentum %'s extreme value range as defined by GuruFocus.



New African Properties  (BOT:NAP) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.


New African Properties  (BOT:NAP) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.


New African Properties 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of New African Properties's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


New African Properties (BOT:NAP) Business Description

New African Properties logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot 50371, Fairground Office Park, P.O. Box 1453, Gaborone, BWA
New African Properties Ltd is a property investment company. The Company owns a portfolio of Botswana based retail properties. Its investment objective is to provide returns to investors through income and capital growth.

New African Properties (BOT:NAP) Headlines

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