6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-01), Outfront Media's 6-1 Month Momentum % is 72.03%.
The industry rank for Outfront Media's 6-1 Month Momentum % or its related term are showing as below:
OUT's 6-1 Month Momentum % is ranked better than 98.22% of 843
companies
in the REITs industry
Industry Median: 6.46
vs OUT: 72.03
Competitive Comparison of Outfront Media's 6-1 Month Momentum %
For the REIT - Specialty subindustry, Outfront Media'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.
Outfront Media's 6-1 Month Momentum % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Outfront Media's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Outfront Media's 6-1 Month Momentum % falls into.
Outfront Media (NYSE:OUT) 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.
Outfront Media (NYSE:OUT) 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.
Outfront Media 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Outfront Media's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Outfront Media (Outfront Media) Business Description
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The Company generates revenue in the form of rental income by allowing other companies to advertise on its properties and structures under short-term contracts. Outfront Media segments its operations into the United States and International units. Although it also owns assets in Canada and Latin America, the company derives the vast majority of its revenue from billboard advertising agreements in the U.S. Roughly half of the U.S. division's revenue comes from its displays in the New York City and Los Angeles markets. Outfront Media's major customers include entities within the retail, television, healthcare, and entertainment industries.
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