6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-05), Offerpad Solutions's 6-1 Month Momentum % is -13.33%.
The industry rank for Offerpad Solutions's 6-1 Month Momentum % or its related term are showing as below:
OPAD's 6-1 Month Momentum % is ranked worse than 75.94% of 1891
companies
in the Real Estate industry
Industry Median: 2.52
vs OPAD: -13.33
Competitive Comparison of Offerpad Solutions's 6-1 Month Momentum %
For the Real Estate Services subindustry, Offerpad Solutions'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.
Offerpad Solutions's 6-1 Month Momentum % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Offerpad Solutions's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Offerpad Solutions's 6-1 Month Momentum % falls into.
* 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.
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.
Offerpad Solutions 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Offerpad Solutions's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Offerpad Solutions (Offerpad Solutions) Business Description
Offerpad Solutions Inc provides a way to buy and sell a home. It uses technology-enabled solutions to remake the home selling and buying experience by offering customers the convenience, control, and certainty to solve their housing needs. It combines fundamental real estate expertise with the data-driven digital Solutions Center platform to give users a holistic, customer-centric experience, enabling them to efficiently sell and buy their homes online with streamlined access to other services including mortgage, listing, and buyer representation services.
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