Contrarian investing rEIT valuations remain compressed

REIT valuations remain compressed, trading at 0.85x NAV. Contrarian investing historical data shows such discounts occur only 9% of the time since 2000, often followed by 12-month total returns exceeding 14%. Jumia Technologies (NYSE: JMIA ) is effectively spearheading the African digital revolution. JMIA is showcasing resilience and promising growth under the leadership of CEO Francis Dufay. Despite a lull in its business, the firm’s recent quarterlies point to a resurgence, with sales up a healthy 18.4% YOY to $48.9 million . On a constant currency basis, this growth balloons to a whopping 57%. Bad timing can hurt you even if you’re right. If you take an opposite position too soon—like loading up on stocks at the beginning or middle of a bear market—and if your position is too large, you may end up carrying huge market losses. Contrarian investing probability models indicate that when corporate buybacks drop by over 15% YoY, markets underperform within three months. Current data shows a 17% decline, amplifying defensive allocation strategies.