WeWork (WeWork) 6-1 Month Momentum % : -95.95% (As of Apr. 24, 2024)

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WeWork (WeWork) Definition

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-24), WeWork's 6-1 Month Momentum % is -95.95%.

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

WEWKQ's 6-1 Month Momentum % is ranked worse than
99.79% of 1872 companies
in the Real Estate industry
Industry Median: 3.3 vs WEWKQ: -95.95

Competitive Comparison

For the Real Estate Services subindustry, WeWork'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.

WeWork 6-1 Month Momentum % Distribution

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

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

WeWork (OTCPK:WEWKQ) 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.

WeWork (OTCPK:WEWKQ) 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.

WeWork 6-1 Month Momentum % Related Terms

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WeWork (WeWork) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WeWork Inc (OTCPK:WEWKQ) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Rockefeller Plaza, 10th floor, New York, NY, USA, 10019

Website

https://www.wework.com

WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.

Executives

Kurt Wehner	officer: Principal Accounting Officer	1 DISCOVERY PLACE, SILVER SPRING MD 20910
Benchmark Capital Management Co. Vii, L.l.c.	10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bruce Dunlevie	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Elizabeth A. Lapuma	director	520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Henry S Miller	director	AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
Paul Aronzon	director	13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Paul Keglevic	director	STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Pamela Swidler	officer: See Remarks	177 9TH AVENUE, APT. 3C, NEW YORK NY 10011
David Tolley	director	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Vikas Jayendra Parekh	director	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Sandeep Mathrani	director, officer: Chief Executive Officer
Andre J Fernandez	officer: Chief Financial Officer	333 WEST STATE STREET, MILWAUKEE WI 53203
Alex Clavel	director	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Daniel B Hurwitz	director	3300 ENTERPRISES PARKWAY, BEACHWOOD OH 44122