6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-08-12), Park Hotels & Resorts's 6-1 Month Momentum % is -26.19%.
The industry rank for Park Hotels & Resorts's 6-1 Month Momentum % or its related term are showing as below:
PK's 6-1 Month Momentum % is ranked worse than 93.15% of 847
companies
in the REITs industry
Industry Median: -7.21
vs PK: -26.19
Competitive Comparison
For the REIT - Hotel & Motel subindustry, Park Hotels & Resorts'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.
Park Hotels & Resorts 6-1 Month Momentum % Distribution
For the REITs industry and Real Estate sector, Park Hotels & Resorts's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Park Hotels & Resorts's 6-1 Month Momentum % falls into.
Park Hotels & Resorts (NYSE:PK) 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.
Park Hotels & Resorts (NYSE:PK) 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.
Park Hotels & Resorts 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Park Hotels & Resorts's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Park Hotels & Resorts owns upper-upscale and luxury hotels with 27,889 rooms across 48 hotels in the United States. Park also has interests through joint ventures in another 4,297 rooms in seven U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and 15 lower-quality U.S. hotels to focus on high-quality assets in domestic, gateway markets.
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