What is LaSalle Hotel Properties 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 (2024-05-08), LaSalle Hotel Properties's 12-1 Month Momentum % is 16.85%.
The industry rank for LaSalle Hotel Properties's 12-1 Month Momentum % or its related term are showing as below:
LHO's 12-1 Month Momentum % is not ranked
in the REITs industry.
Industry Median: -1.43
vs LHO: 16.85
Competitive Comparison of LaSalle Hotel Properties's 12-1 Month Momentum %
For the REIT - Hotel & Motel subindustry, LaSalle Hotel 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.
LaSalle Hotel Properties's 12-1 Month Momentum % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, LaSalle Hotel Properties's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where LaSalle Hotel Properties's 12-1 Month Momentum % falls into.
LaSalle Hotel Properties (NYSE:LHO) 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.
LaSalle Hotel Properties (NYSE:LHO) 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.
LaSalle Hotel Properties 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of LaSalle Hotel Properties's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LHO has been successfully added to your