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US Masters Residential Property Fund (ASX:URF) 6-1 Month Momentum % : -5.36% (As of May. 13, 2024)


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What is US Masters Residential Property Fund 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-13), US Masters Residential Property Fund's 6-1 Month Momentum % is -5.36%.

The industry rank for US Masters Residential Property Fund's 6-1 Month Momentum % or its related term are showing as below:

ASX:URF's 6-1 Month Momentum % is ranked worse than
81.7% of 847 companies
in the REITs industry
Industry Median: 3.03 vs ASX:URF: -5.36

Competitive Comparison of US Masters Residential Property Fund's 6-1 Month Momentum %

For the REIT - Residential subindustry, US Masters Residential Property Fund's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


US Masters Residential Property Fund's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, US Masters Residential Property Fund's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where US Masters Residential Property Fund's 6-1 Month Momentum % falls into.



US Masters Residential Property Fund  (ASX:URF) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


US Masters Residential Property Fund  (ASX:URF) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


US Masters Residential Property Fund 6-1 Month Momentum % Related Terms

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US Masters Residential Property Fund (ASX:URF) Business Description

Traded in Other Exchanges
N/A
Address
1 O’Connell Street, Level 32, Sydney, NSW, AUS, 2000
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.

US Masters Residential Property Fund (ASX:URF) Headlines

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