Published on 13 Nov 2022 on Simply Wall St. via Yahoo Finance
As SmartCentres Real Estate Investment Trust (TSE:SRU.UN) lifts 5.4% this past week, investors may...
Investors can approximate the average market return by buying an index fund. While individual stocks can be big winners, plenty more fail to generate satisfactory returns. That downside risk was realized by SmartCentres Real Estate Investment Trust (TSE:SRU.UN) shareholders over the last year, as the share price declined 11%. That's well below the market decline of 3.2%. Even if shareholders bought some time ago, they wouldn't be particularly happy: the stock is down 10% in three years. Contrary to the longer term story, the last month has been good for stockholders, with a share price gain of 9.3%. But this could be related to good market conditions, with stocks up around 7.5% during the period.
Although the past week has been more reassuring for shareholders, they're still in the red over the last year, so let's see if the underlying business has been responsible for the decline.
Check out our latest analysis for SmartCentres Real Estate Investment Trust