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Stoneweg European REIT (SGX:CWCU) Momentum Rank : 0 (As of Jan. 18, 2025)


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What is Stoneweg European REIT Momentum Rank?

Stoneweg European REIT 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.

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Stoneweg European REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Stoneweg European REIT (SGX:CWCU) » Definitions » Momentum Rank
Comparable Companies
SGX:Q5T SGX:JYEU SGX:HMN SGX:T82U VICI BSP:HSRE11 WPC ASX:SGP XPAR:COV ASX:GPT EPRT LSE:LAND BSP:RCFF11 LSE:UTG ASX:MGR LSE:BLND MEX:FUNO11 TSE:8972 TSE:8984 XKLS:5235SS
Traded in Other Exchanges
CWBU:Singapore
Address
50 Collyer Quay, No. 07-02, OUE Bayfront, Singapore, SGP, 049321
Website
https://www.cromwelleuropeanreit.com.sg
Cromwell European REIT is a real estate investment trust with a diversified Pan-European Portfolio. The company invests in a diversified portfolio with a balanced focus on the office and light industrial/logistics and other sectors across the Netherlands, Italy, Poland, France, Germany, Finland, Denmark, and other regions. The company earns the majority of its revenue from leases.

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