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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) 6-1 Month Momentum %

: -2.19% (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 (2023-01-31), Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's 6-1 Month Momentum % is -2.19%.

The industry rank for Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's 6-1 Month Momentum % or its related term are showing as below:

BSP:ALZR11's 6-1 Month Momentum % is ranked better than
60.22% of 1850 companies
in the Real Estate industry
Industry Median: -5.76 vs BSP:ALZR11: -2.19

Competitive Comparison

For the Real Estate Services subindustry, Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario'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.

   

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario 6-1 Month Momentum % Distribution

For the Real Estate industry and Real Estate sector, Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's 6-1 Month Momentum % falls in comparison to its industry or sector. The grey bar indicates the 6-1 Month Momentum %'s extreme value range as defined by GuruFocus.



Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario  (BSP:ALZR11) 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario  (BSP:ALZR11) 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Business Description

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Tabapua No. 1.227-Conj. 202, Itaim Bibi, Sau Paulo, SP, BRA, 04534-003
Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliariois a real estate investment company in Brazil. The company focuses on structured projects, such as Built-To-Suit and Sale and Leaseback. It offers property development for leases in the logistics, residential and office segments. The company is also engaged in an asset management business of premium real estate investments, such as FIIs, private equity real estate vehicles, CMBS and RMBS.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Headlines

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