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American Homes 4 Rent (American Homes 4 Rent) 6-1 Month Momentum %

: 1.57% (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 (2024-04-16), American Homes 4 Rent's 6-1 Month Momentum % is 1.57%.

The industry rank for American Homes 4 Rent's 6-1 Month Momentum % or its related term are showing as below:

AMHPRB.PFD's 6-1 Month Momentum % is ranked better than
55.49% of 847 companies
in the REITs industry
Industry Median: 2.86 vs AMHPRB.PFD: 1.57

Competitive Comparison

For the REIT - Residential subindustry, American Homes 4 Rent'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.


American Homes 4 Rent 6-1 Month Momentum % Distribution

For the REITs industry and Real Estate sector, American Homes 4 Rent's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where American Homes 4 Rent's 6-1 Month Momentum % falls into.



American Homes 4 Rent  (NYSE:AMHPRB.PFD) 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.


American Homes 4 Rent  (NYSE:AMHPRB.PFD) 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.


American Homes 4 Rent 6-1 Month Momentum % Related Terms

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American Homes 4 Rent (American Homes 4 Rent) Business Description

Traded in Other Exchanges
Address
280 Pilot Road, Las Vegas, NV, USA, 89119
American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.