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GSE Systems (FRA:GSE0) 6-1 Month Momentum % : -83.58% (As of May. 28, 2024)


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What is GSE Systems 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 (2024-05-28), GSE Systems's 6-1 Month Momentum % is -83.58%.

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

FRA:GSE0's 6-1 Month Momentum % is ranked worse than
66.25% of 2806 companies
in the Software industry
Industry Median: -1.96 vs FRA:GSE0: -83.58

Competitive Comparison of GSE Systems's 6-1 Month Momentum %

For the Software - Application subindustry, GSE Systems'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.


GSE Systems's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, GSE Systems's 6-1 Month Momentum % distribution charts can be found below:

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



GSE Systems  (FRA:GSE0) 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.


GSE Systems  (FRA:GSE0) 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.


GSE Systems 6-1 Month Momentum % Related Terms

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GSE Systems (FRA:GSE0) Business Description

Traded in Other Exchanges
Address
6940 Columbia Gateway Dr., Suite 470, Columbia, MD, USA, 21046
GSE Systems Inc is a company engaged in providing engineering, staffing, and simulation software to clients in the power and process industries. It is also into providing interactive computer-based tutorials and simulation software for the refining, chemical, and petrochemical industries. It functions through two segments: Engineering segment and Workforce Solutions segment. Its geographical segments include the United States, Europe, and Asia, out of which the majority of the revenue is generated from the United States.

GSE Systems (FRA:GSE0) Headlines

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