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Riocan Real Estate Investment Trust (TSX:REI.UN) 12-1 Month Momentum %

: -16.55% (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), Riocan Real Estate Investment Trust's 12-1 Month Momentum % is -16.55%.

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

TSX:REI.UN's 12-1 Month Momentum % is ranked worse than
79.59% of 828 companies
in the REITs industry
Industry Median: -2.425 vs TSX:REI.UN: -16.55

Competitive Comparison

For the REIT - Retail subindustry, Riocan 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.


Riocan Real Estate Investment Trust 12-1 Month Momentum % Distribution

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

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



Riocan Real Estate Investment Trust  (TSX:REI.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.


Riocan Real Estate Investment Trust  (TSX:REI.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.


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

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Riocan Real Estate Investment Trust (TSX:REI.UN) Business Description

Traded in Other Exchanges
Address
2300 Yonge Street, Suite 500, P.O. Box 2386, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates. By geography, the company operates in Canada, which generates the majority of total revenue, and in the United States.

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