GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » 6-Month Price Index

Dream Residential REIT (Dream Residential REIT) 6-Month Price Index : 1.08 (As of May. 28, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dream Residential REIT 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 (2024-05-28), Dream Residential REIT's 6-Month Price Index is 1.08.


Competitive Comparison of Dream Residential REIT's 6-Month Price Index

For the REIT - Residential subindustry, Dream Residential REIT'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.


Dream Residential REIT  (OTCPK:DRREF) 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.


Dream Residential REIT  (OTCPK:DRREF) 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.


Dream Residential REIT 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Dream Residential REIT's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Dream Residential REIT (Dream Residential REIT) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.

Dream Residential REIT (Dream Residential REIT) Headlines