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AvalonBay Communities (WBO:AVBC) 6-Month Price Index : 1.13 (As of Jun. 10, 2024)


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What is AvalonBay Communities 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-10), AvalonBay Communities's 6-Month Price Index is 1.13.

Competitive Comparison of AvalonBay Communities's 6-Month Price Index

For the REIT - Residential subindustry, AvalonBay Communities's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

AvalonBay Communities  (WBO:AVBC) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

AvalonBay Communities  (WBO:AVBC) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

AvalonBay Communities 6-Month Price Index Related Terms

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AvalonBay Communities (WBO:AVBC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AvalonBay Communities Inc (WBO:AVBC) » Definitions » 6-Month Price Index
Comparable Companies
EQR INVH ESS MAA SUI AMH UDR ELS CPT AIRC TSX:CAR.UN IRT TSE:3269 TSX:BEI.UN XPAR:ALTA TSX:CSH.UN TSE:8986 TSE:3282 TSX:KMP.UN VRE
Traded in Other Exchanges
AVB:USA WV8:Germany A1VB34:Brazil
Address
4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
Website
https://www.avalonbay.com
AvalonBay Communities owns a portfolio of 276 apartment communities with over 82,000 units and is developing 18 additional properties with over 5,700 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.

AvalonBay Communities (WBO:AVBC) Headlines

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