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Mid-America Apartment Communities (BSP:M1AA34) 6-Month Price Index : 1.11 (As of Apr. 27, 2024)


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What is Mid-America Apartment Communities 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 (2024-04-27), Mid-America Apartment Communities's 6-Month Price Index is 1.11.

Competitive Comparison of Mid-America Apartment Communities's 6-Month Price Index

For the REIT - Residential subindustry, Mid-America Apartment Communities'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.

Mid-America Apartment Communities  (BSP:M1AA34) 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.

Mid-America Apartment Communities  (BSP:M1AA34) 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.

Mid-America Apartment Communities 6-Month Price Index Related Terms

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

Mid-America Apartment Communities (BSP:M1AA34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mid-America Apartment Communities Inc (BSP:M1AA34) » Definitions » 6-Month Price Index
Comparable Companies
ESS SUI AMH UDR ELS CPT INVH EQR AIRC AVB TSX:CAR.UN IRT TSE:3269 TSX:BEI.UN XPAR:ALTA TSE:8986 TSE:3282 TSX:KMP.UN TSX:IIP.UN VRE
Traded in Other Exchanges
MAApI.PFD:USA MAA:USA M2K:Germany
Address
6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Website
https://www.maac.com
Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.

Mid-America Apartment Communities (BSP:M1AA34) Headlines

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