Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) 6-Month Price Index : 1.01 (As of May. 26, 2024)

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What is Automotive Properties Real Estate Investment Trust 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-26), Automotive Properties Real Estate Investment Trust's 6-Month Price Index is 1.01.

Competitive Comparison of Automotive Properties Real Estate Investment Trust's 6-Month Price Index

For the REIT - Specialty subindustry, Automotive Properties Real Estate Investment Trust's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

Automotive Properties Real Estate Investment Trust (OTCPK:APPTF) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index

Current Share Price

Share Price 6-Months Ago

* 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.

Automotive Properties Real Estate Investment Trust (OTCPK:APPTF) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Automotive Properties Real Estate Investment Trust 6-Month Price Index Related Terms

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Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Automotive Properties Real Estate Investment Trust (OTCPK:APPTF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

APR.UN:Canada

Address

133 King Street East, Suite 300, Toronto, ON, CAN, M5C 1G6

Website

https://www.automotivepropertiesreit.ca

Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT's asset portfolio in order to maximize Unitholder value.

Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Headlines

From GuruFocus

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