National Health Investors (STU:WX6) Momentum Rank : 9 (As of May. 29, 2024)

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What is National Health Investors Momentum Rank?

National Health Investors has the Momentum Rank of 9.

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 National Health Investors's Momentum Rank

For the REIT - Healthcare Facilities subindustry, National Health Investors'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.

National Health Investors's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Health Investors's Momentum Rank distribution charts can be found below:

* The bar in red indicates where National Health Investors's Momentum Rank falls into.

National Health Investors Momentum Rank Related Terms

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National Health Investors (STU:WX6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Health Investors Inc (STU:WX6) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NHI:USA

Address

222 Robert Rose Drive, Murfreesboro, TN, USA, 37129

Website

https://www.nhireit.com

National Health Investors Inc is a housing and medical facility REIT. The company operate through two reportable segments i.e. Real Estate Investments and Senior Housing Operating Portfolio. Real Estate Investments segment consists of real estate investments and lease, mortgage and other notes receivables in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities and a hospital. SHOP segment is comprised of two ventures that own the operations of independent living facilities. Company's revenues are derived from rental income, mortgage and other notes receivable interest income and resident fees and services.

National Health Investors (STU:WX6) Headlines

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