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BWP Trust (FRA:GJZ) 12-1 Month Momentum % : -6.47% (As of Apr. 29, 2024)


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What is BWP Trust 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), BWP Trust's 12-1 Month Momentum % is -6.47%.

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

FRA:GJZ's 12-1 Month Momentum % is ranked worse than
64.36% of 825 companies
in the REITs industry
Industry Median: -0.84 vs FRA:GJZ: -6.47

Competitive Comparison of BWP Trust's 12-1 Month Momentum %

For the REIT - Industrial subindustry, BWP Trust'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.


BWP Trust's 12-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BWP Trust's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BWP Trust's 12-1 Month Momentum % falls into.



BWP Trust  (FRA:GJZ) 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.


BWP Trust  (FRA:GJZ) 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.


BWP Trust 12-1 Month Momentum % Related Terms

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BWP Trust (FRA:GJZ) Business Description

Industry
Traded in Other Exchanges
Address
123 St Georges Terrace, Level 14, Brookfield Place Tower 2, Perth, WA, AUS, 6000
BWP Trust is an Australian REIT focused on owing warehouse/bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns are diversified across most Australian states and are on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers. Wesfarmers is a wide-moat, top 10 ASX-listed company by market capitalisation. BWP Trust is also externally managed by a wholly owned subsidiary of Wesfarmers and Wesfarmers also owns 24% of the units in the trust.

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