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Crescent Capital BDC (FRA:487) 6-1 Month Momentum % : 3.95% (As of May. 05, 2024)


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What is Crescent Capital BDC 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 (2024-05-05), Crescent Capital BDC's 6-1 Month Momentum % is 3.95%.

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

FRA:487's 6-1 Month Momentum % is ranked worse than
61.26% of 1750 companies
in the Asset Management industry
Industry Median: 7.63 vs FRA:487: 3.95

Competitive Comparison of Crescent Capital BDC's 6-1 Month Momentum %

For the Asset Management subindustry, Crescent Capital BDC'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.


Crescent Capital BDC's 6-1 Month Momentum % Distribution in the Asset Management Industry

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

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



Crescent Capital BDC  (FRA:487) 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.


Crescent Capital BDC  (FRA:487) 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.


Crescent Capital BDC 6-1 Month Momentum % Related Terms

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Crescent Capital BDC (FRA:487) Business Description

Traded in Other Exchanges
Address
11100 Santa Monica Boulevard, Suite 2000, Los Angeles, CA, USA, 90025
Crescent Capital BDC Inc is a business development company structured as an externally managed, closed-end, non-diversified management investment company. The company's primary investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments. It will seek to achieve its investment objectives by investing in secured debt (including senior secured, unitranche, and second lien debt) and unsecured debt (including senior unsecured, mezzanine, and subordinated debt), as well as related equity securities of private U.S. middle-market companies.

Crescent Capital BDC (FRA:487) Headlines

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