Invitation Homes (FRA:4IV) Momentum Rank : 7 (As of May. 17, 2024)

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What is Invitation Homes Momentum Rank?

Invitation Homes has the Momentum Rank of 7.

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 Invitation Homes's Momentum Rank

For the REIT - Residential subindustry, Invitation Homes'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.

Invitation Homes's Momentum Rank Distribution in the REITs Industry

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

* The bar in red indicates where Invitation Homes's Momentum Rank falls into.

Invitation Homes Momentum Rank Related Terms

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Invitation Homes (FRA:4IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Invitation Homes Inc (FRA:4IV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

INVH:USA INVH:Mexico

Address

1717 Main Street, Suite 2000, Dallas, TX, USA, 75201

Website

https://www.invitationhomes.com

Invitation Homes owns a portfolio of nearly 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.

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