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BlackRock ESG Capital Allocation Trust (BlackRock ESG Capital Allocation Trust) 6-1 Month Momentum % : 7.38% (As of May. 15, 2024)


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What is BlackRock ESG Capital Allocation Trust 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 (2024-05-15), BlackRock ESG Capital Allocation Trust's 6-1 Month Momentum % is 7.38%.

The industry rank for BlackRock ESG Capital Allocation Trust's 6-1 Month Momentum % or its related term are showing as below:

ECAT's 6-1 Month Momentum % is ranked better than
56.86% of 1743 companies
in the Asset Management industry
Industry Median: 5.82 vs ECAT: 7.38

Competitive Comparison of BlackRock ESG Capital Allocation Trust's 6-1 Month Momentum %

For the Asset Management subindustry, BlackRock ESG Capital Allocation Trust'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.


BlackRock ESG Capital Allocation Trust's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock ESG Capital Allocation Trust's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BlackRock ESG Capital Allocation Trust's 6-1 Month Momentum % falls into.



BlackRock ESG Capital Allocation Trust  (NYSE:ECAT) 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.


BlackRock ESG Capital Allocation Trust  (NYSE:ECAT) 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.


BlackRock ESG Capital Allocation Trust 6-1 Month Momentum % Related Terms

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BlackRock ESG Capital Allocation Trust (BlackRock ESG Capital Allocation Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock ESG Capital Allocation Trust is a non-diversified, closed-end management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Richard M Rieder other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
David William Clayton other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
John Perlowski director, officer: President and CEO 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Russell Jared Koesterich other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Katherine Ann Moore other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET, NEW YORK NY 10022
Blackrock Advisors Llc other: Investment Adviser 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660