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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) 6-1 Month Momentum % : 9.84% (As of Apr. 28, 2024)


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What is BTB Real Estate Investment Trust 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-28), BTB Real Estate Investment Trust's 6-1 Month Momentum % is 9.84%.

The industry rank for BTB Real Estate Investment Trust's 6-1 Month Momentum % or its related term are showing as below:

BTBIF's 6-1 Month Momentum % is ranked better than
56.65% of 842 companies
in the REITs industry
Industry Median: 5.705 vs BTBIF: 9.84

Competitive Comparison of BTB Real Estate Investment Trust's 6-1 Month Momentum %

For the REIT - Office subindustry, BTB Real Estate Investment Trust'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.


BTB Real Estate Investment Trust's 6-1 Month Momentum % Distribution in the REITs Industry

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

* The bar in red indicates where BTB Real Estate Investment Trust's 6-1 Month Momentum % falls into.



BTB Real Estate Investment Trust  (OTCPK:BTBIF) 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.


BTB Real Estate Investment Trust  (OTCPK:BTBIF) 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.


BTB Real Estate Investment Trust 6-1 Month Momentum % Related Terms

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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
1411, Crescent Street, Suite 300, Montreal, QC, CAN, H3G 2B3
BTB Real Estate Investment Trust is a real estate investment trust. It owns and manages properties across Canada. The company has three operating segments; Industrial, Off-downtown core office, and Necessity-based retail. It derives a majority of its revenue in the form of rental revenue.

BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Headlines