Gav-Yam Lands (XTAE:GVYM) 6-1 Month Momentum % : -4.60% (As of May. 26, 2024)

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What is Gav-Yam Lands 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 (2024-05-26), Gav-Yam Lands's 6-1 Month Momentum % is -4.60%.

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

XTAE:GVYM's 6-1 Month Momentum % is ranked worse than
57.78% of 1897 companies
in the Real Estate industry
Industry Median: -0.69 vs XTAE:GVYM: -4.60

Competitive Comparison of Gav-Yam Lands's 6-1 Month Momentum %

For the Real Estate - Development subindustry, Gav-Yam Lands'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.

Gav-Yam Lands's 6-1 Month Momentum % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gav-Yam Lands's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Gav-Yam Lands's 6-1 Month Momentum % falls into.

Gav-Yam Lands (XTAE:GVYM) 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.

Gav-Yam Lands (XTAE:GVYM) 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.

Gav-Yam Lands 6-1 Month Momentum % Related Terms

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Gav-Yam Lands (XTAE:GVYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gav-Yam Lands Corp Ltd (XTAE:GVYM) » Definitions » 6-1 Month Momentum %

Traded in Other Exchanges

N/A

Address

9 Andrei Sakharov Street, Matam Tower 1, P.O. Box 15041, Haifa, ISR, 31905

Website

https://www.gav-yam.co.il

Gav-Yam Lands Corp Ltd is an Israeli real estate company, engaged directly and through its subsidiaries in the initiation, planning, establishing, and managing of high-technology parks, industrial parks, commerce, and office buildings, logistics centers, and residential neighborhoods. The company has been involved in many commercial, industrial, and residential developments throughout Israel. The company's well-known projects include Gav-Yam Center Herzliya, a six-building complex, including an underground parking lot, Matam Park - Haifa, an international business & Hi-Tech park, Gav-Yam Park - Caesarea, a modern park designed to populate companies from various industries.

Gav-Yam Lands (XTAE:GVYM) Headlines

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