Icade (CDMGF) 12-1 Month Momentum % : -42.72% (As of May. 04, 2024)

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

What is Icade 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-04), Icade's 12-1 Month Momentum % is -42.72%.

The industry rank for Icade's 12-1 Month Momentum % or its related term are showing as below:

CDMGF's 12-1 Month Momentum % is ranked worse than
94.21% of 829 companies
in the REITs industry
Industry Median: -1.12 vs CDMGF: -42.72

Competitive Comparison of Icade's 12-1 Month Momentum %

For the REIT - Diversified subindustry, Icade's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

Icade's 12-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Icade's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Icade's 12-1 Month Momentum % falls into.

Icade (OTCPK:CDMGF) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-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.

Icade (OTCPK:CDMGF) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.

Icade 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Icade's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Icade (CDMGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Icade (OTCPK:CDMGF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

0K4O:UK ICAD:France 3IC:Germany

Address

Immeuble Open, 27, Rue Camille Desmoulins, Issy-les-Moulineaux, Paris, FRA, 92445

Website

http://www.icade.fr

Icade is a French real estate investment trust primarily involved in the ownership and management of commercial property around Paris. The vast majority of Icade's real estate portfolio is split between office and business park properties. Nearly all of these are located in Greater Paris with roughly half residing in the inner and outer rings of the metro area. Icade derives most of its revenue from its Property Development division through the sale of real estate. Rental income from short- to mid-term leases out of its Property Investment division also represents a substantial revenue stream. Institutional investors, private investors, and buyers represent fairly equal parts of the company's customer orders. Icade also has holdings in healthcare properties outside of the Paris region.