What is Watermark Lodging 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 (2024-05-13), Watermark Lodging Trust's 6-1 Month Momentum % is N/A%.
The industry rank for Watermark Lodging Trust's 6-1 Month Momentum % or its related term are showing as below:
WRMK's 6-1 Month Momentum % is not ranked *
in the REITs industry.
Industry Median: 3.03 * Ranked among companies with meaningful 6-1 Month Momentum % only.
Competitive Comparison of Watermark Lodging Trust's 6-1 Month Momentum %
For the REIT - Hotel & Motel subindustry, Watermark Lodging 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.
Watermark Lodging Trust's 6-1 Month Momentum % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Watermark Lodging Trust's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Watermark Lodging Trust's 6-1 Month Momentum % falls into.
* 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.
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.
Watermark Lodging Trust 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Watermark Lodging Trust's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Watermark Lodging Trust (Watermark Lodging Trust) Business Description
Watermark Lodging Trust Inc is a self-managed non-traded real estate investment trust with a portfolio of high-quality lodging assets. It operate in one business segment which is hospitality, with domestic investments. The company focuses on to be the owner of lodging real estate by delivering industrial shareholder risk-adjusted returns. It seeks to achieve the mission through asset quality and performance, capital deployment and scale, and organizational excellence.
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