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AME REIT (XKLS:5307) 12-1 Month Momentum % : 4.51% (As of May. 23, 2024)


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What is AME REIT 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 (2024-05-23), AME REIT's 12-1 Month Momentum % is 4.51%.

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

XKLS:5307's 12-1 Month Momentum % is ranked better than
81.09% of 825 companies
in the REITs industry
Industry Median: -2.3 vs XKLS:5307: 4.51

Competitive Comparison of AME REIT's 12-1 Month Momentum %

For the REIT - Industrial subindustry, AME REIT'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.


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

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

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



AME REIT  (XKLS:5307) 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.


AME REIT  (XKLS:5307) 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.


AME REIT 12-1 Month Momentum % Related Terms

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AME REIT (XKLS:5307) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, Jalan I-Park SAC 1/1, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
AME REIT is engaged in investing directly and indirectly in a Shariah compliant portfolio of income income producing Real Estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of 34 subject properties with 31 industrial properties and around 3 industrial related properties known as Dormitories which are freehold properties.

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