HRUFF (H&R Real Estate Investment Trust) Momentum Rank : 8 (As of Dec. 13, 2024)

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What is H&R Real Estate Investment Trust Momentum Rank?

H&R Real Estate Investment 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 H&R Real Estate Investment Trust's Momentum Rank

For the REIT - Diversified subindustry, H&R Real Estate Investment 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.

H&R Real Estate Investment Trust's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, H&R Real Estate Investment Trust's Momentum Rank distribution charts can be found below:

* The bar in red indicates where H&R Real Estate Investment Trust's Momentum Rank falls into.

H&R Real Estate Investment Trust Momentum Rank Related Terms

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H&R Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » H&R Real Estate Investment Trust (OTCPK:HRUFF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

HR3A:Germany HR.UN:Canada

Address

3625 Dufferin Street, Suite 500, Toronto, ON, CAN, M3K 1N4

Website

https://www.hr-reit.com

H&R Real Estate Investment Trust is a real estate investment trust principally involved in the ownership of properties in Canada and the U.S. The REIT has four reportable operating segments- Residential, Industrial, Office and Retail, in two geographical locations -Canada and the United States. The operating segments derive their revenue from rental income from leases. The majority of this income is generated by its Canadian properties. In terms of property type, H&R's Office contribute to its total revenue.