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CSP (CSPI) 6-1 Month Momentum % : 53.25% (As of May. 11, 2024)


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What is CSP 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 (2024-05-11), CSP's 6-1 Month Momentum % is 53.25%.

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

CSPI's 6-1 Month Momentum % is ranked better than
89.25% of 2810 companies
in the Software industry
Industry Median: 2.38 vs CSPI: 53.25

Competitive Comparison of CSP's 6-1 Month Momentum %

For the Information Technology Services subindustry, CSP'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.


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

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

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



CSP  (NAS:CSPI) 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.


CSP  (NAS:CSPI) 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.


CSP 6-1 Month Momentum % Related Terms

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CSP (CSPI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
175 Cabot Street, Suite 210, Lowell, MA, USA, 01854
CSP Inc along with its subsidiaries develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments namely Technology Solutions, where the company focus on value-added reseller integrated solutions including third-party hardware, software, and technical computer-related consulting, and High-Performance Products segments, where the company design, manufacture and deliver products and services to customers that require specialized cyber security services, networking and signal processing. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates its maximum revenue from the Americas.
Executives
Joseph R Nerges 10 percent owner 1726 BUNDY ST, SCRANTON PA 18508
Gary Southwell officer: VP and GM 175 CABOT STREET, SUITE 210, LOWELL MA 01854
Mike Newbanks officer: VP Finance & CAO 1182 E NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442
Gary W Levine officer: CFO 215 BUNKER HILL ST., CHARLESTOWN MA 02129
Victor Dellovo officer: President and CEO 1182 EAST NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442-8126
C Shelton James director GROUP LONG DISTANCE INC, 1451 W CYPRESS CREEK RD STE 200, FT LAUDERDALE FL 33309
Ismail Azeri director 175 CABOT STREET, SUITE 210, LOWELL MA 01854
John M Leydon officer: VP Finance Chief Acct Officer 2 BECK STREET, NEWBURYPORT MA 01950
Blackmon Raymond Charles Jr director 155 VIOLET PLACE, EUFAULA AL 36027
Marilyn T Smith director 10349 MAIN STREET, FAIRFAX VA 22030
Robert E Bunnett director 733 MEDITERRANEAN LANE, REDWOOD CITY CA 94065
Julian Demora other: Investor P.O.BOX 220139, HOLLYWOOD FL 33022
Christopher Hall director, 10 percent owner 671 NORTHEAST 105TH ST, MIAMI SHORES FL 33138
Robert Michael Williams director P.O. 296, BREWSTER MA 02631
Robert A Stellato officer: Chief Accounting Officer 43 MANNING ROAD, BILLERICA MA 01821