GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) » Definitions » 6-1 Month Momentum %

Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) 6-1 Month Momentum % : -2.39% (As of May. 28, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Vakif Gayrimenkul Yatirim Ortakligi AS 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 (2024-05-28), Vakif Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % is -2.39%.

The industry rank for Vakif Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % or its related term are showing as below:

IST:VKGYO's 6-1 Month Momentum % is ranked worse than
63.27% of 844 companies
in the REITs industry
Industry Median: 0.905 vs IST:VKGYO: -2.39

Competitive Comparison of Vakif Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum %

For the REIT - Diversified subindustry, Vakif Gayrimenkul Yatirim Ortakligi AS'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.


Vakif Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vakif Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Vakif Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % falls into.



Vakif Gayrimenkul Yatirim Ortakligi AS  (IST:VKGYO) 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.


Vakif Gayrimenkul Yatirim Ortakligi AS  (IST:VKGYO) 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.


Vakif Gayrimenkul Yatirim Ortakligi AS 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Vakif Gayrimenkul Yatirim Ortakligi AS's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Business Description

Traded in Other Exchanges
N/A
Address
Serifali Mah. Bayraktar, Boulevard No: 62 Umraniye, Istanbul, TUR
Vakif Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate, capital market instruments based on real estate, buildings, land, projects based on real estates, usufruct rights established on real estate and rental income. It leases and rents commercial and office buildings in Ankara and Istanbul. Its projects include Istanbul international finance center project, Bizimtepe aydos project, and maltepe housing project.

Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Headlines

No Headlines