GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Partners Real Estate Investment Trust (OTCPK:PTSRF) » Definitions » Momentum Rank

Partners Real Estate Investment Trust (Partners Real Estate Investment Trust) Momentum Rank : 0 (As of May. 17, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Partners Real Estate Investment Trust Momentum Rank?

Partners Real Estate Investment Trust has the Momentum Rank of 0.

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.


Partners Real Estate Investment Trust Momentum Rank Related Terms

Thank you for viewing the detailed overview of Partners Real Estate Investment Trust's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Partners Real Estate Investment Trust (Partners Real Estate Investment Trust) Business Description

Traded in Other Exchanges
N/A
Address
249 Saunders Road, Unit number 3, Barrie, ON, CAN, L4N 9A3
Partners Real Estate Investment Trust is an open-ended real estate investment trust. It is engaged in acquiring, developing and managing a portfolio of retail and mixed-use retail community and neighbourhood shopping centres from markets across Canada.

Partners Real Estate Investment Trust (Partners Real Estate Investment Trust) Headlines

From GuruFocus

Insiders Are Buying Partners Real Estate Investment Trust

By Markus Aarnio Markus Aarnio 09-12-2013