6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-24), Sunstone Hotel Investors's 6-1 Month Momentum % is 18.27%.
The industry rank for Sunstone Hotel Investors's 6-1 Month Momentum % or its related term are showing as below:
SHO's 6-1 Month Momentum % is ranked better than 77.11% of 843
companies
in the REITs industry
Industry Median: 5.38
vs SHO: 18.27
Competitive Comparison
For the REIT - Hotel & Motel subindustry, Sunstone Hotel Investors'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.
Sunstone Hotel Investors 6-1 Month Momentum % Distribution
For the REITs industry and Real Estate sector, Sunstone Hotel Investors's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Sunstone Hotel Investors's 6-1 Month Momentum % falls into.
Sunstone Hotel Investors (NYSE:SHO) 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.
Sunstone Hotel Investors (NYSE:SHO) 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.
Sunstone Hotel Investors 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Sunstone Hotel Investors's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunstone Hotel Investors (Sunstone Hotel Investors) Business Description
Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. The firm's portfolio consists primarily of urban, upper-upscale hotels. The vast majority of these hotels are managed under Marriott, Hilton, Fairmont, and Sheraton brands. Regionally, the company's assets are located in its California, Other West, Midwest, and East geographical segments within the U.S. The majority of the company's revenue is derived from its Eastern operations, closely followed by its Californian operations. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.
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