GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Allied Properties Real Estate Investment Trust (TSX:AP.UN) » Definitions » 6-Month Price Index

Allied Properties Real Estate Investment Trust (TSX:AP.UN) 6-Month Price Index : 1.06 (As of Apr. 28, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Allied 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 (2024-04-28), Allied Properties Real Estate Investment Trust's 6-Month Price Index is 1.06.

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

For the REIT - Office subindustry, Allied 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.

Allied Properties Real Estate Investment Trust  (TSX:AP.UN) 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.

Allied Properties Real Estate Investment Trust  (TSX:AP.UN) 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.

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

Thank you for viewing the detailed overview of Allied Properties Real Estate Investment Trust's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Allied Properties Real Estate Investment Trust (TSX:AP.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Allied Properties Real Estate Investment Trust (TSX:AP.UN) » Definitions » 6-Month Price Index
Comparable Companies
TSX:BTB.UN TSX:D.UN TSX:TNT.UN TSX:SOT.UN TSX:INO.UN ARE BXP XPAR:GFC TSE:8951 ASX:DXS VNO TSE:8952 XMAD:MRL SGX:N2IU KRC BOM:542602 CUZ SLG XPAR:FLY XMAD:COL
Traded in Other Exchanges
APYRF:USA 5G8:Germany
Address
134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2
Website
https://www.alliedreit.com
Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

Allied Properties Real Estate Investment Trust (TSX:AP.UN) Headlines

No Headlines