Alexandria Real Estate Equities (BSP:A1RE34) Momentum Rank : 9 (As of Apr. 25, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Alexandria Real Estate Equities Momentum Rank?

Alexandria Real Estate Equities 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 Alexandria Real Estate Equities's Momentum Rank

For the REIT - Office subindustry, Alexandria Real Estate Equities'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.

Alexandria Real Estate Equities's Momentum Rank Distribution in the REITs Industry

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

* The bar in red indicates where Alexandria Real Estate Equities's Momentum Rank falls into.

Alexandria Real Estate Equities Momentum Rank Related Terms

Thank you for viewing the detailed overview of Alexandria Real Estate Equities's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Alexandria Real Estate Equities (BSP:A1RE34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexandria Real Estate Equities Inc (BSP:A1RE34) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ARE:USA A6W:Germany

Address

26 North Euclid Avenue, Pasadena, CA, USA, 91101

Website

https://www.are.com

Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.

Alexandria Real Estate Equities (BSP:A1RE34) Headlines

No Headlines