US Masters Residential Property Fund (ASX:URFPA.PFD) Momentum Rank

: 2 (As of Today)

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US Masters Residential Property Fund has the Momentum Rank of 2.

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

For the REIT - Residential subindustry, US Masters Residential Property Fund'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.

US Masters Residential Property Fund Momentum Rank Distribution

For the REITs industry and Real Estate sector, US Masters Residential Property Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where US Masters Residential Property Fund's Momentum Rank falls into.

US Masters Residential Property Fund Momentum Rank Related Terms

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US Masters Residential Property Fund (ASX:URFPA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » US Masters Residential Property Fund (ASX:URFPA.PFD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

URF:Australia

Address

1 O’Connell Street, Level 32, Sydney, NSW, AUS, 2000

Website

https://www.usmastersresidential.com.au

US Masters Residential Property Fund invests in the United States residential property market. The group invests in freestanding and multi-family properties in the New York metropolitan area, specifically Hudson County, New Jersey, Brooklyn, Manhattan, and New York.

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