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Mission Ready Solutions (Mission Ready Solutions) 6-1 Month Momentum % : 50.00% (As of May. 13, 2024)


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What is Mission Ready Solutions 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 (2024-05-13), Mission Ready Solutions's 6-1 Month Momentum % is 50.00%.

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

MSNVF's 6-1 Month Momentum % is not ranked
in the Aerospace & Defense industry.
Industry Median: 8.065 vs MSNVF: 50.00

Competitive Comparison of Mission Ready Solutions's 6-1 Month Momentum %

For the Aerospace & Defense subindustry, Mission Ready Solutions'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.

Mission Ready Solutions's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's 6-1 Month Momentum % distribution charts can be found below:

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


Mission Ready Solutions  (OTCPK:MSNVF) 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.

Mission Ready Solutions  (OTCPK:MSNVF) 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.

Mission Ready Solutions 6-1 Month Momentum % Related Terms

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Mission Ready Solutions (Mission Ready Solutions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mission Ready Solutions Inc (OTCPK:MSNVF) » Definitions » 6-1 Month Momentum %
Comparable Companies
BANT RNWR HWKE RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM
Traded in Other Exchanges
N/A
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Website
https://www.mrscorp.com
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.