Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II (BSP:CRFF11) Momentum Rank : 4 (As of May. 29, 2024)

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What is Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Momentum Rank?

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II has the Momentum Rank of 4.

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 Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Momentum Rank

For the REIT - Specialty subindustry, Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II'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.

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Momentum Rank falls into.

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Momentum Rank Related Terms

Thank you for viewing the detailed overview of Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II (BSP:CRFF11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II (BSP:CRFF11) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Paulista, 2300, 11th Floor, Cerqueira Cesar, Sao Paulo, SP, BRA, 01310-300

Website

https://www.caixa.gov.br

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II is a real estate investment fund. Its objective is to carry out real estate investments through the acquisition of assets, with a focus on FII shares, in order to provide shareholders with remuneration for the investment made, through the flow of income generated by the assets and the increase in the value equity of its shares.

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II (BSP:CRFF11) Headlines

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