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Invitation Homes (FRA:4IV) 6-1 Month Momentum % : 1.30% (As of May. 17, 2024)


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What is Invitation Homes 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 (2024-05-17), Invitation Homes's 6-1 Month Momentum % is 1.30%.

The industry rank for Invitation Homes's 6-1 Month Momentum % or its related term are showing as below:

FRA:4IV's 6-1 Month Momentum % is ranked worse than
58.24% of 850 companies
in the REITs industry
Industry Median: 0.59 vs FRA:4IV: 1.30

Competitive Comparison of Invitation Homes's 6-1 Month Momentum %

For the REIT - Residential subindustry, Invitation Homes'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.


Invitation Homes's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Invitation Homes's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Invitation Homes's 6-1 Month Momentum % falls into.



Invitation Homes  (FRA:4IV) 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.


Invitation Homes  (FRA:4IV) 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.


Invitation Homes 6-1 Month Momentum % Related Terms

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Invitation Homes (FRA:4IV) Business Description

Traded in Other Exchanges
Address
1717 Main Street, Suite 2000, Dallas, TX, USA, 75201
Invitation Homes owns a portfolio of nearly 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.

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