GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Link Parks Inc (OTCPK:PSBYP.PFD) » Definitions » 12-1 Month Momentum %

Link Parks (Link Parks) 12-1 Month Momentum % : -3.75% (As of May. 08, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Link Parks 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-08), Link Parks's 12-1 Month Momentum % is -3.75%.

The industry rank for Link Parks's 12-1 Month Momentum % or its related term are showing as below:

PSBYP.PFD's 12-1 Month Momentum % is not ranked
in the REITs industry.
Industry Median: -1.59 vs PSBYP.PFD: -3.75

Competitive Comparison of Link Parks's 12-1 Month Momentum %

For the REIT - Diversified subindustry, Link Parks's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


Link Parks's 12-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Link Parks's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Link Parks's 12-1 Month Momentum % falls into.



Link Parks  (OTCPK:PSBYP.PFD) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Link Parks  (OTCPK:PSBYP.PFD) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Link Parks 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Link Parks's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Link Parks (Link Parks) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Link Parks Inc formerly NamePS Business Parks Inc is a real estate investment trust that owns and operates primarily multitenant commercial warehouse, office, industrial park, and flex properties in the United States. The business activities of the group functioned through the acquisition, development, ownership and management of commercial real estate and the acquisition, development, ownership and management of multifamily real estate. The company defines flex space as locations that combine both warehouse and office space in a single configuration. Almost half the company's properties are located in California. The company generates nearly most of its revenue from rental income derived from its flex space and low-rise office holdings.