Starlight US Residential Fund (TSXV:SURF.A) Momentum Rank : 0 (As of May. 06, 2025)

View and export this data going back to 2021. Start your Free Trial

What is Starlight US Residential Fund Momentum Rank?

Starlight US Residential Fund has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Starlight US Residential Fund Momentum Rank Related Terms

Thank you for viewing the detailed overview of Starlight US Residential Fund's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Starlight US Residential Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Starlight US Residential Fund (TSXV:SURF.A) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SURF.U:Canada

Address

3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3

Website

https://www.starlightinvest.com

Starlight US Residential Fund is a closed-end trust. It is engaged in directly or indirectly acquiring, owning and operating a portfolio composed of income-producing residential properties and single-family rental homes in the United States (U.S.) residential real estate market. The fund's objective is to enhance its assets' value through active management before disposition.

Starlight US Residential Fund Headlines

No Headlines