The effectiveness of the contrarian and momentum strategies on the US REIT market

When making investment decisions in financial markets, investors use various strategies. The traditional ones include the contrarian strategy and moment strategy. In recent years, one of dynamically developing segments global market has been American REIT market. literature on subject lacks research effectiveness strategies this aim article is therefore to compare momentum US different ranking periods. Based data rates return individual REITs listed public capital markets US, resulting from application were estimated. results conducted analyses showed that for three-year period, portfolio composed loser significantly exceeded winner REITs. This means during period was more effective than For other analysed periods, differences not statistically significant. may help choosing most also answers question whether should that, according research, are broad stock market, or work well fund