GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UDR Inc (BSP:U1DR34) » Definitions » 6-1 Month Momentum %

UDR (BSP:U1DR34) 6-1 Month Momentum %

: -8.90% (As of Today)
View and export this data going back to 2020. Start your Free Trial

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), UDR's 6-1 Month Momentum % is -8.90%.

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

BSP:U1DR34's 6-1 Month Momentum % is ranked better than
50.65% of 849 companies
in the REITs industry
Industry Median: 2.56 vs BSP:U1DR34: -8.90

Competitive Comparison

For the REIT - Residential subindustry, UDR'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.


UDR 6-1 Month Momentum % Distribution

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

* The bar in red indicates where UDR's 6-1 Month Momentum % falls into.



UDR  (BSP:U1DR34) 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.


UDR  (BSP:U1DR34) 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.


UDR 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of UDR's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


UDR (BSP:U1DR34) Business Description

Industry
Traded in Other Exchanges
Address
1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129
UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.

UDR (BSP:U1DR34) Headlines

No Headlines