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Embassy Office Parks REIT (BOM:542602) 6-1 Month Momentum %

: 24.30% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), Embassy Office Parks REIT's 6-1 Month Momentum % is 24.30%.

The industry rank for Embassy Office Parks REIT's 6-1 Month Momentum % or its related term are showing as below:

BOM:542602's 6-1 Month Momentum % is ranked better than
91.64% of 849 companies
in the REITs industry
Industry Median: 2.56 vs BOM:542602: 24.30

Competitive Comparison

For the REIT - Office subindustry, Embassy Office Parks REIT's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


Embassy Office Parks REIT 6-1 Month Momentum % Distribution

For the REITs industry and Real Estate sector, Embassy Office Parks REIT's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Embassy Office Parks REIT's 6-1 Month Momentum % falls into.



Embassy Office Parks REIT  (BOM:542602) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


Embassy Office Parks REIT  (BOM:542602) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


Embassy Office Parks REIT 6-1 Month Momentum % Related Terms

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Embassy Office Parks REIT (BOM:542602) Business Description

Traded in Other Exchanges
Address
Royal Oaks, Off Intermediate Ring Road, Embassy Golf Links Business Park, Bangalore, KA, IND, 560 071
Embassy Office Parks REIT is involved in real estate activities including renting, buying, selling, and operating of leased or self-owned real estate properties. The group's portfolio comprises best-in-class office parks and prime city-center office buildings. Geographically, the activities are carried out through India.

Embassy Office Parks REIT (BOM:542602) Headlines

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