Mitsui Fudosan Co (TSE:8801) 6-1 Month Momentum %

: 45.12% (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 (2024-04-19), Mitsui Fudosan Co's 6-1 Month Momentum % is 45.12%.

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

TSE:8801's 6-1 Month Momentum % is ranked better than
88.67% of 1871 companies
in the Real Estate industry
Industry Median: 0.84 vs TSE:8801: 45.12

Competitive Comparison

For the Real Estate - Diversified subindustry, Mitsui Fudosan Co'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.

Mitsui Fudosan Co 6-1 Month Momentum % Distribution

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

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

Mitsui Fudosan Co (TSE:8801) 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.

Mitsui Fudosan Co (TSE:8801) 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.

Mitsui Fudosan Co 6-1 Month Momentum % Related Terms

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Mitsui Fudosan Co (TSE:8801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsui Fudosan Co Ltd (TSE:8801) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

MTSFY:USA MTSFF:USA MFU:Germany

Address

1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022

Website

http://www.mitsuifudosan.co.jp

Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (TSE:8801) Headlines

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