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DREAM Unlimited (TSX:DRM.PR.A.PFD) 6-1 Month Momentum %

: -2.29% (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), DREAM Unlimited's 6-1 Month Momentum % is -2.29%.

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

TSX:DRM.PR.A.PFD's 6-1 Month Momentum % is ranked better than
65.47% of 1871 companies
in the Real Estate industry
Industry Median: 0.84 vs TSX:DRM.PR.A.PFD: -2.29

Competitive Comparison

For the Real Estate - Development subindustry, DREAM Unlimited'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.


DREAM Unlimited 6-1 Month Momentum % Distribution

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

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



DREAM Unlimited  (TSX:DRM.PR.A.PFD) 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.


DREAM Unlimited  (TSX:DRM.PR.A.PFD) 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.


DREAM Unlimited 6-1 Month Momentum % Related Terms

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DREAM Unlimited (TSX:DRM.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
DREAM Unlimited Corp is a real estate company. The company's divisions include Asset management; Stabilized income generating assets; Urban development - Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.

DREAM Unlimited (TSX:DRM.PR.A.PFD) Headlines

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