EpicQuest Education Group International (EpicQuest Education Group International) 6-1 Month Momentum % : 20.29% (As of May. 11, 2024)

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What is EpicQuest Education Group International 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), EpicQuest Education Group International's 6-1 Month Momentum % is 20.29%.

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

EEIQ's 6-1 Month Momentum % is ranked better than
77.21% of 272 companies
in the Education industry
Industry Median: 1.675 vs EEIQ: 20.29

Competitive Comparison of EpicQuest Education Group International's 6-1 Month Momentum %

For the Education & Training Services subindustry, EpicQuest Education Group International'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.

EpicQuest Education Group International's 6-1 Month Momentum % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, EpicQuest Education Group International's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where EpicQuest Education Group International's 6-1 Month Momentum % falls into.

EpicQuest Education Group International (NAS:EEIQ) 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.

EpicQuest Education Group International (NAS:EEIQ) 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.

EpicQuest Education Group International 6-1 Month Momentum % Related Terms

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EpicQuest Education Group International (EpicQuest Education Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » EpicQuest Education Group International Ltd (NAS:EEIQ) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1209 North University Boulevard, Middletown, OH, USA, 45042

Website

https://www.epicquesteducation.com

EpicQuest Education Group International Ltd provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the U.S., Canada, and the UK. In addition, the company has a recruiting relationship with the regional campuses of Miami University of Ohio, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses, and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University.