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Big Technologies (LSE:BIG) 6-1 Month Momentum % : -13.82% (As of May. 21, 2024)


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What is Big Technologies 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 (2024-05-21), Big Technologies's 6-1 Month Momentum % is -13.82%.

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

LSE:BIG's 6-1 Month Momentum % is ranked worse than
66.18% of 2803 companies
in the Software industry
Industry Median: -2.9 vs LSE:BIG: -13.82

Competitive Comparison of Big Technologies's 6-1 Month Momentum %

For the Software - Application subindustry, Big Technologies'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.


Big Technologies's 6-1 Month Momentum % Distribution in the Software Industry

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

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



Big Technologies  (LSE:BIG) 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.


Big Technologies  (LSE:BIG) 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.


Big Technologies 6-1 Month Momentum % Related Terms

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Big Technologies (LSE:BIG) Business Description

Traded in Other Exchanges
Address
17 Church Street, Talbot House, Rickmansworth, GBR, WD3 1DE
Big Technologies PLC provides products and services to the remote and personal monitoring industry under several brand and trading names. The company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, it also offers monitoring services solutions for its customers. The company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts. It generates revenue across the world, with operations across the United Kingdom, Australia, United States and Colombia.

Big Technologies (LSE:BIG) Headlines

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