SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'pchange_12_1m' Daiwa Securities Living Investment (TSE:8986) 12-1 Month Mo
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Daiwa Securities Living Investment (TSE:8986) 12-1 Month Momentum %

: -8.67% (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 (2024-04-16), Daiwa Securities Living Investment's 12-1 Month Momentum % is -8.67%.

The industry rank for Daiwa Securities Living Investment's 12-1 Month Momentum % or its related term are showing as below:

TSE:8986's 12-1 Month Momentum % is ranked worse than
66.99% of 827 companies
in the REITs industry
Industry Median: -2.25 vs TSE:8986: -8.67

Competitive Comparison

For the REIT - Residential subindustry, Daiwa Securities Living 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.


Daiwa Securities Living Investment 12-1 Month Momentum % Distribution

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

* The bar in red indicates where Daiwa Securities Living Investment's 12-1 Month Momentum % falls into.



Daiwa Securities Living Investment  (TSE:8986) 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.


Daiwa Securities Living Investment  (TSE:8986) 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.


Daiwa Securities Living Investment 12-1 Month Momentum % Related Terms

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Daiwa Securities Living Investment (TSE:8986) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

Daiwa Securities Living Investment (TSE:8986) Headlines

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