China Resources Land (China Resources Land) 6-1 Month Momentum %

: -21.05% (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 (2024-04-23), China Resources Land's 6-1 Month Momentum % is -21.05%.

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

CRBJF's 6-1 Month Momentum % is ranked worse than
81.47% of 1878 companies
in the Real Estate industry
Industry Median: 2.31 vs CRBJF: -21.05

Competitive Comparison

For the Real Estate - Development subindustry, China Resources Land'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.

China Resources Land 6-1 Month Momentum % Distribution

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

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

China Resources Land (OTCPK:CRBJF) 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.

China Resources Land (OTCPK:CRBJF) 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.

China Resources Land 6-1 Month Momentum % Related Terms

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China Resources Land (China Resources Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Land Ltd (OTCPK:CRBJF) » Definitions » 6-1 Month Momentum %

Traded in Other Exchanges

CRBJY:USA 01109:Hong Kong CHZ:Germany

Address

26 Harbour Road, 46th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crland.com.hk

China Resources Land, or CR Land, is a leading real estate developer with nationwide coverage in China. Aside from the core development business, CR Land differentiates itself from peers with a significant investment property portfolio with luxury focused MixC malls, and it holds a 73.7% stake in listed property management company China Resources Mixc Lifestyle Services. CR Land is a subsidiary of China Resources Holdings, or CR Holdings, a sizable state-owned conglomerate with a diverse presence in the utilities, consumer goods, medical, and property sectors. CR Holdings holds about a 60% stake in CR Land.

China Resources Land (China Resources Land) Headlines

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