Apple Hospitality REIT (Apple Hospitality REIT) Momentum Rank : 5 (As of May. 05, 2024)

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What is Apple Hospitality REIT Momentum Rank?

Apple Hospitality REIT has the Momentum Rank of 5.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Apple Hospitality REIT's Momentum Rank

For the REIT - Hotel & Motel subindustry, Apple Hospitality REIT's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Apple Hospitality REIT's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Apple Hospitality REIT's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Apple Hospitality REIT's Momentum Rank falls into.

Apple Hospitality REIT Momentum Rank Related Terms

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Apple Hospitality REIT (Apple Hospitality REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (NYSE:APLE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

48T:Germany

Address

814 East Main Street, Richmond, VA, USA, 23219

Website

https://www.applehospitalityreit.com

Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

Executives

Elizabeth Perkins	officer: SVP & Chief Financial Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Justin G Knight	director, officer: CEO	10 S THIRD ST, RICHMOND VA 23219
Nelson Knight	officer: President Real Estate & Invest	814 E MAIN STREET, RICHMOND VA 23219
Redd Hugh	director	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Howard E. Woolley	director	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Carolyn B Handlon	director	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Jon A Fosheim	director	DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Blythe J Mcgarvie	director	HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Bunting Glenn W Jr	director	1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Kristian M Gathright	director	10 S THIRD ST, RICHMOND VA 23219
Glade M Knight	director, officer: Executive Chairman	306 E MAINS T, RICHMOND VA 23219
Matthew Rash	officer: SVP & Chief Legal Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Rachel Labrecque	officer: SVP & Chief Accounting Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Jeanette Clarke	officer: SVP Chief Cap. Invest. Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Karen Catherine Gallagher	officer: SVP & Chief Operating Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219