What is Silver Bay Realty Trust 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 (2024-05-06), Silver Bay Realty Trust's 12-1 Month Momentum % is 46.18%.
The industry rank for Silver Bay Realty Trust's 12-1 Month Momentum % or its related term are showing as below:
SBY's 12-1 Month Momentum % is not ranked
in the REITs industry.
Industry Median: -0.945
vs SBY: 46.18
Competitive Comparison of Silver Bay Realty Trust's 12-1 Month Momentum %
For the REIT - Residential subindustry, Silver Bay Realty Trust'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.
Silver Bay Realty Trust's 12-1 Month Momentum % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Silver Bay Realty Trust's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Silver Bay Realty Trust's 12-1 Month Momentum % falls into.
Silver Bay Realty Trust (NYSE:SBY) 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.
Silver Bay Realty Trust (NYSE:SBY) 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.
Silver Bay Realty Trust 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Silver Bay Realty Trust's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Silver Bay Realty Trust (Silver Bay Realty Trust) Business Description
Silver Bay Realty Trust Corp was incorporated in Maryland in June 2012. The Company is engaged in acquisition, renovation, leasing, and management of single-family properties in select markets in the United States. As of December 31, 2013, the company owned 5,642 single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, and Texas, excluding properties held for sale. The Company conducts its business and owns all of its properties through Silver Bay Operating Partnership L.P., or the Operating Partnership, a Delaware limited partnership. acquire single-family properties through a variety of acquisition channels, including brokers, multiple listing services, short sales, foreclosure auctions, online auctions, and bulk purchases from institutions or investor groups. The Company face competition from individual investors, private pools of capital and other institutional buyers which may increase the prices for properties that they would like to purchase and reduce its ability to achieve its desired portfolio size or expected yields. They also compete for desirable residents against the same entities as well as multifamily lessors. The Company's properties are subject to various covenants, laws, and ordinances, and certain of its properties are also subject to the rules of the various homeowners' associations where such properties are located.
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