The Real Brokerage (The Real Brokerage) Momentum Rank : 3 (As of May. 14, 2024)

View and export this data going back to 2020. Start your Free Trial

What is The Real Brokerage Momentum Rank?

The Real Brokerage has the Momentum Rank of 3.

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 The Real Brokerage's Momentum Rank

For the Real Estate Services subindustry, The Real Brokerage'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.

The Real Brokerage's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Real Brokerage's Momentum Rank distribution charts can be found below:

* The bar in red indicates where The Real Brokerage's Momentum Rank falls into.

The Real Brokerage Momentum Rank Related Terms

Thank you for viewing the detailed overview of The Real Brokerage's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

The Real Brokerage (The Real Brokerage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The Real Brokerage Inc (NAS:REAX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

87M:Germany

Address

133 Richmond Street West, Suite 302, Toronto, ON, CAN, M5H 2L3

Website

https://www.onereal.com

The Real Brokerage Inc is a technology-powered real estate brokerage firm. It has developed, integrated, and adopted various mobile and desktop-focused technologies to create a comprehensive offering to its agents and to assist Real with its brokerage operations. The group delivers a cloud-based platform to improve efficiencies and empower real estate agents to provide a seamless end-to-end experience for homebuyers and sellers.