GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » IPH Ltd (ASX:IPH) » Definitions » 6-1 Month Momentum %

IPH (ASX:IPH) 6-1 Month Momentum % : -3.34% (As of Oct. 31, 2024)


View and export this data going back to 2014. Start your Free Trial

What is IPH 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-10-31), IPH's 6-1 Month Momentum % is -3.34%.

The industry rank for IPH's 6-1 Month Momentum % or its related term are showing as below:

ASX:IPH's 6-1 Month Momentum % is ranked worse than
55.11% of 1087 companies
in the Business Services industry
Industry Median: -1.29 vs ASX:IPH: -3.34

Competitive Comparison of IPH's 6-1 Month Momentum %

For the Specialty Business Services subindustry, IPH's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


IPH's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IPH's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where IPH's 6-1 Month Momentum % falls into.



IPH  (ASX:IPH) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


IPH  (ASX:IPH) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


IPH 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of IPH's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


IPH Business Description

Traded in Other Exchanges
Address
201 Sussex Street, Level 24, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
IPH provides intellectual property services through its subsidiaries: Spruson and Ferguson, Smart & Biggar, Robic, Pizzeys, Griffith Hack, Applied Marks, and AJ Park. These services include patent filing, prosecution, enforcement, management, design, trademarks, and more. The company's diverse client base consists of multinationals, public sector research organizations, and local businesses across various industries like healthcare, finance, engineering, and technology. Revenue streams mainly consist of professional fees (fixed) and volume-based fees (linked to the quantity of work performed). About 70% of revenue is derived from pre-existing work in the system, while 30% comes from new patent applications.

IPH Headlines

No Headlines