6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-03), BioLife Solutions's 6-1 Month Momentum % is 59.28%.
The industry rank for BioLife Solutions's 6-1 Month Momentum % or its related term are showing as below:
BLFS's 6-1 Month Momentum % is ranked better than 92.18% of 870
companies
in the Medical Devices & Instruments industry
Industry Median: -2.105
vs BLFS: 59.28
Competitive Comparison of BioLife Solutions's 6-1 Month Momentum %
For the Medical Instruments & Supplies subindustry, BioLife 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.
BioLife Solutions's 6-1 Month Momentum % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, BioLife Solutions's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where BioLife Solutions'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.
BioLife Solutions 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of BioLife Solutions's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
BioLife Solutions (BioLife Solutions) Business Description
BioLife Solutions Inc is active in the healthcare segment. The company is engaged in developing, manufacturing and marketing a portfolio of biopreservation tools and services for cells, tissues and organs, including clinical grade cell and tissue hypothermic storage and cryopreservation freeze media and a related cloud, hosted biologistics cold chain management application for shippers. The company's product offerings include hypothermic storage and cryopreservation freeze media products for cells, tissues, and organs.
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