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Tritax Big Box REIT (CHIX:BBOXL) Momentum Rank : 7 (As of May. 03, 2025)


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What is Tritax Big Box REIT Momentum Rank?

Tritax Big Box REIT has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Tritax Big Box REIT's Momentum Rank

For the REIT - Industrial subindustry, Tritax Big Box REIT's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.


Tritax Big Box REIT's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tritax Big Box REIT's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tritax Big Box REIT's Momentum Rank falls into.


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Tritax Big Box REIT Momentum Rank Related Terms

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Tritax Big Box REIT Business Description

Traded in Other Exchanges
Address
72 Broadwick Street, London, GBR, W1F 9QZ
Tritax Big Box REIT PLC is a UK-based real estate investment trust. With the focus on the acquisition and management of large-scale logistics real estate Tritax operates in the Investment Property segment. The company proactively manages its 100-plus assets - from small to big boxes - using its sector specialism and deep market insights to stay ahead of trends and meet its clients' evolving needs. The customers it caters to operate in retail, logistics, consumer products and automotive.

Tritax Big Box REIT Headlines

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