Essential Properties Realty Trust (FRA:2OU) Momentum Rank : 8 (As of Jun. 10, 2024)

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What is Essential Properties Realty Trust Momentum Rank?

Essential Properties Realty Trust has the Momentum Rank of 8.

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.

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

Competitive Comparison of Essential Properties Realty Trust's Momentum Rank

For the REIT - Diversified subindustry, Essential Properties Realty Trust'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.

Essential Properties Realty Trust's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Essential Properties Realty Trust's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Essential Properties Realty Trust's Momentum Rank falls into.

Essential Properties Realty Trust Momentum Rank Related Terms

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Essential Properties Realty Trust (FRA:2OU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essential Properties Realty Trust Inc (FRA:2OU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

EPRT:USA

Address

902 Carnegie Center Boulevard, Suite 520, Princeton, NJ, USA, 08540

Website

https://essentialproperties.com

Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.

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