What is Manufactured Housing 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 (2024-04-25), Manufactured Housing Properties's 12-1 Month Momentum % is 1.33%.
MHPC's 12-1 Month Momentum % is ranked better than 53.49% of 1879
companies
in the Real Estate industry
Industry Median: -2.67
vs MHPC: 1.33
Competitive Comparison of Manufactured Housing Properties's 12-1 Month Momentum %
For the Real Estate Services subindustry, Manufactured Housing 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.
Manufactured Housing Properties's 12-1 Month Momentum % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Manufactured Housing Properties's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Manufactured Housing Properties's 12-1 Month Momentum % falls into.
* 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.
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.
Manufactured Housing Properties 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Manufactured Housing Properties's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Manufactured Housing Properties (Manufactured Housing Properties) Business Description
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
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