6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-08), Stagwell's 6-1 Month Momentum % is 25.43%.
The industry rank for Stagwell's 6-1 Month Momentum % or its related term are showing as below:
STGW's 6-1 Month Momentum % is ranked better than 80.51% of 1062
companies
in the Media - Diversified industry
Industry Median: 0.735
vs STGW: 25.43
Competitive Comparison of Stagwell's 6-1 Month Momentum %
For the Advertising Agencies subindustry, Stagwell'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.
Stagwell's 6-1 Month Momentum % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Stagwell's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Stagwell's 6-1 Month Momentum % falls into.
* 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.
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.
Stagwell 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Stagwell's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Stagwell Inc is the challenger holding company built to transform marketing. It delivers scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. The company's segments include Integrated Agencies Network; Brand Performance Network; Communications Network and other. It generates maximum revenue from the Integrated Agencies Network segment. Geographically, it derives a majority of its revenue from the United States.
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