Unibail-Rodamco-Westfield (STU:UBLB) Momentum Rank : 0 (As of May. 26, 2024)

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What is Unibail-Rodamco-Westfield Momentum Rank?

Unibail-Rodamco-Westfield 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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Unibail-Rodamco-Westfield (STU:UBLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Unibail-Rodamco-Westfield (STU:UBLB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

UNBLF:USA URWp:UK 0YO9:UK URW:France URW:Australia UL:Austria

Address

7, Place du Chancelier Adenauer - CS, Paris, FRA, 31622-772

Website

https://www.urw.com

Unibail-Rodamco-Westfield owns a portfolio of quality malls, about two thirds in continental Europe. Since acquiring Westfield in 2018 URW also has about 10% in the U.K. and about 25% in the U.S., but it plans to drastically reduce exposure to the latter. More than 90% of rent comes from shopping centers, the remainder from offices, mostly Paris, as well as some offices attached to mixed-use assets around the world, and a similar amount from a conventions and exhibitions business in France.

Unibail-Rodamco-Westfield (STU:UBLB) Headlines

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