GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fibra Uno Administracion SA de CV (OTCPK:FBASF) » Definitions » Momentum Rank

Fibra Uno Administracion de CV (Fibra Uno Administracion de CV) Momentum Rank : 10 (As of May. 14, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Fibra Uno Administracion de CV Momentum Rank?

Fibra Uno Administracion de CV has the Momentum Rank of 10.

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 Fibra Uno Administracion de CV's Momentum Rank

For the REIT - Diversified subindustry, Fibra Uno Administracion de CV'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.


Fibra Uno Administracion de CV's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fibra Uno Administracion de CV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Fibra Uno Administracion de CV's Momentum Rank falls into.



Fibra Uno Administracion de CV Momentum Rank Related Terms

Thank you for viewing the detailed overview of Fibra Uno Administracion de CV's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Fibra Uno Administracion de CV (Fibra Uno Administracion de CV) Business Description

Traded in Other Exchanges
Address
Antonio Dovali Jaime 70, 11th Floor, Samara, Tower B, Col. Santa Fe Zedec, MEX, MEX, 01210
Fibra Uno Administracion SA de CV is a Mexico-based company engaged in the operation of real estate investment trust (REIT). It acquires, owns, develop and operate real estate properties, including industrial, commercial and office properties. Revenue for the group is derived from the source of a lease, maintenance, dividend from beneficiary rights and administration fees. Business activity is primarily functioned from various regions of Mexico such as Jalisco, Guerrero, Hidalgo, Guanajuato, and others.

Fibra Uno Administracion de CV (Fibra Uno Administracion de CV) Headlines

From GuruFocus

Fibra Uno Administracion SA de CV's Dividend Analysis

By GuruFocus Research 11-06-2023