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Innovative Industrial Properties (LTS:0JBD) 12-1 Month Momentum %

: N/A% (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 (2024-04-23), Innovative Industrial Properties's 12-1 Month Momentum % is N/A%.

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

LTS:0JBD's 12-1 Month Momentum % is not ranked *
in the REITs industry.
Industry Median: -1.425
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison

For the REIT - Industrial subindustry, Innovative Industrial 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.


Innovative Industrial Properties 12-1 Month Momentum % Distribution

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

* The bar in red indicates where Innovative Industrial Properties's 12-1 Month Momentum % falls into.



Innovative Industrial Properties  (LTS:0JBD) 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.


Innovative Industrial Properties  (LTS:0JBD) 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.


Innovative Industrial Properties 12-1 Month Momentum % Related Terms

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Innovative Industrial Properties (LTS:0JBD) Business Description

Traded in Other Exchanges
Address
1389 Center Drive, Suite 220, Park City, UT, USA, 84098
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

Innovative Industrial Properties (LTS:0JBD) Headlines

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