Dream Office Real Estate Investment Trust (TSX:D.UN) 12-1 Month Momentum %

: -41.65% (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), Dream Office Real Estate Investment Trust's 12-1 Month Momentum % is -41.65%.

The industry rank for Dream Office Real Estate Investment Trust's 12-1 Month Momentum % or its related term are showing as below:

TSX:D.UN's 12-1 Month Momentum % is ranked worse than
94.3% of 824 companies
in the REITs industry
Industry Median: -1.425 vs TSX:D.UN: -41.65

Competitive Comparison

For the REIT - Office subindustry, Dream Office Real Estate Investment 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.

Dream Office Real Estate Investment Trust 12-1 Month Momentum % Distribution

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

* The bar in red indicates where Dream Office Real Estate Investment Trust's 12-1 Month Momentum % falls into.

Dream Office Real Estate Investment Trust (TSX:D.UN) 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.

Dream Office Real Estate Investment Trust (TSX:D.UN) 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.

Dream Office Real Estate Investment Trust 12-1 Month Momentum % Related Terms

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Dream Office Real Estate Investment Trust (TSX:D.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Office Real Estate Investment Trust (TSX:D.UN) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

DRETF:USA

Address

30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.

Dream Office Real Estate Investment Trust (TSX:D.UN) Headlines

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