What is CorEnergy Infrastructure 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), CorEnergy Infrastructure Trust's 6-1 Month Momentum % is -97.30%.
CORRQ's 6-1 Month Momentum % is ranked worse than 99.76% of 842
companies
in the REITs industry
Industry Median: 5.705
vs CORRQ: -97.30
Competitive Comparison of CorEnergy Infrastructure Trust's 6-1 Month Momentum %
For the REIT - Specialty subindustry, CorEnergy Infrastructure 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.
CorEnergy Infrastructure Trust's 6-1 Month Momentum % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, CorEnergy Infrastructure Trust's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where CorEnergy Infrastructure Trust's 6-1 Month Momentum % falls into.
* 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.
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.
CorEnergy Infrastructure Trust 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of CorEnergy Infrastructure Trust's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Business Description
CorEnergy Infrastructure Trust Inc is primarily focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The company also provides other types of capital, including loans secured by energy infrastructure assets. It owns assets, such as pipelines, storage terminals, and transmission and distribution assets. Its assets include Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. The majority of the revenue is generated from the lease received.
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