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CubeSmart (CubeSmart) 12-1 Month Momentum %

: -7.55% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-20), CubeSmart's 12-1 Month Momentum % is -7.55%.

The industry rank for CubeSmart's 12-1 Month Momentum % or its related term are showing as below:

CUBE's 12-1 Month Momentum % is ranked worse than
60.6% of 830 companies
in the REITs industry
Industry Median: -3.285 vs CUBE: -7.55

Competitive Comparison

For the REIT - Industrial subindustry, CubeSmart's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.


CubeSmart 12-1 Month Momentum % Distribution

For the REITs industry and Real Estate sector, CubeSmart's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where CubeSmart's 12-1 Month Momentum % falls into.



CubeSmart  (NYSE:CUBE) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.


CubeSmart  (NYSE:CUBE) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.


CubeSmart 12-1 Month Momentum % Related Terms

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CubeSmart (CubeSmart) Business Description

Industry
Traded in Other Exchanges
Address
5 Old Lancaster Road, Malvern, PA, USA, 19355
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Executives
Christopher P Marr officer: Chief Financial Officer 460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Jeffrey P Foster officer: Sr. VP - Chief Legal Officer 460 EAST SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Timothy M Martin officer: SVP & Chief Accounting Officer 460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Matthew D Denarie officer: Chief Accounting Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Jennifer Schulte officer: Chief Human Resources Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Jit Kee Chin director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jair K Lynch director 5 OLD LANCASTER RD, MALVERN PA 19355
Joel D Keaton officer: Sr VP of Operations 5 OLD LANCASTER ROAD, MALVERN PA 19355
Marianne M Keler director 12061 BLUEMONT WAY, RESTON VA 20190
Jonathan L Perry officer: SVP and CIO 5 OLD LANCASTER ROAD, MALVERN PA 19355
Dororthy Dowling director 5 OLD LANCASTER ROAD, MALVERN PA 19355
Diefenderfer William M Iii director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Dean Jernigan director, officer: CEO and President C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Deborah Ratnersalzberg director 301 WATER ST SE SUITE 201, WASHINGTON DC 20003
John W Fain director 1000 SEMMES AVE, RICHMOND VA 23224