6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), Brookfield Real Assetsome Fund's 6-1 Month Momentum % is 7.53%.
The industry rank for Brookfield Real Assetsome Fund's 6-1 Month Momentum % or its related term are showing as below:
RA's 6-1 Month Momentum % is ranked worse than 51.18% of 1741
companies
in the Asset Management industry
Industry Median: 7.97
vs RA: 7.53
Competitive Comparison
For the Asset Management subindustry, Brookfield Real Assetsome Fund'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.
Brookfield Real Assetsome Fund 6-1 Month Momentum % Distribution
For the Asset Management industry and Financial Services sector, Brookfield Real Assetsome Fund's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Brookfield Real Assetsome Fund's 6-1 Month Momentum % falls into.
Brookfield Real Assetsome Fund (NYSE:RA) 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.
Brookfield Real Assetsome Fund (NYSE:RA) 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.
Brookfield Real Assetsome Fund 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Brookfield Real Assetsome Fund's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Brookfield Real Assetsome Fund (Brookfield Real Assetsome Fund) Business Description
Brookfield Real Assets Income Fund Inc. is a diversified, closed-end management investment company. Its investment objective is to seek a high total return, through high current income and secondarily, through the growth of capital. The Fund seeks to achieve its investment objective by investing in the real asset class, which includes the following: Real Estate Securities; Infrastructure Securities; and Natural Resources Securities (collectively, Real Asset Companies and Issuers). The Firm manages separate accounts, registered funds, and opportunistic strategies for institutional and individual clients, including financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds, and high-net-worth investors.
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