What is Cherry Hill Mortgage Investment 12-1 Month Momentum %?
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-29), Cherry Hill Mortgage Investment's 12-1 Month Momentum % is -33.33%.
CHMI's 12-1 Month Momentum % is ranked worse than 91.96% of 821
companies
in the REITs industry
Industry Median: -0.84
vs CHMI: -33.33
Competitive Comparison of Cherry Hill Mortgage Investment's 12-1 Month Momentum %
For the REIT - Mortgage subindustry, Cherry Hill Mortgage Investment'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.
Cherry Hill Mortgage Investment's 12-1 Month Momentum % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Cherry Hill Mortgage Investment's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cherry Hill Mortgage Investment's 12-1 Month Momentum % falls into.
Cherry Hill Mortgage Investment (NYSE:CHMI) 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.
Cherry Hill Mortgage Investment (NYSE:CHMI) 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.
Cherry Hill Mortgage Investment 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Cherry Hill Mortgage Investment's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Business Description
Cherry Hill Mortgage Investment Corp operates as a real estate investment trust in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
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