Hersha Hospitality Trust (Hersha Hospitality Trust) 6-1 Month Momentum % : -1.40% (As of Apr. 26, 2024)

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What is Hersha Hospitality 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 (2024-04-26), Hersha Hospitality Trust's 6-1 Month Momentum % is -1.40%.

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

HTPRBCL.PFD's 6-1 Month Momentum % is not ranked
in the REITs industry.
Industry Median: 5.575 vs HTPRBCL.PFD: -1.40

Competitive Comparison of Hersha Hospitality Trust's 6-1 Month Momentum %

For the REIT - Hotel & Motel subindustry, Hersha Hospitality 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.

Hersha Hospitality Trust's 6-1 Month Momentum % Distribution in the REITs Industry

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

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

Hersha Hospitality Trust (NYSE:HTPRBCL.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.

Hersha Hospitality Trust (NYSE:HTPRBCL.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.

Hersha Hospitality Trust 6-1 Month Momentum % Related Terms

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Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hersha Hospitality Trust (NYSE:HTPRBCL.PFD) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Hersha Drive, Harrisburg, PA, USA, 17102

Website

https://www.hersha.com

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.