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Keystone Law Group (LSE:KEYS) 6-1 Month Momentum % : 31.89% (As of May. 11, 2024)


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What is Keystone Law Group 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), Keystone Law Group's 6-1 Month Momentum % is 31.89%.

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

LSE:KEYS's 6-1 Month Momentum % is ranked better than
84.83% of 1088 companies
in the Business Services industry
Industry Median: 3.61 vs LSE:KEYS: 31.89

Competitive Comparison of Keystone Law Group's 6-1 Month Momentum %

For the Specialty Business Services subindustry, Keystone Law Group'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.


Keystone Law Group's 6-1 Month Momentum % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Keystone Law Group's 6-1 Month Momentum % distribution charts can be found below:

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



Keystone Law Group  (LSE:KEYS) 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.


Keystone Law Group  (LSE:KEYS) 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.


Keystone Law Group 6-1 Month Momentum % Related Terms

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Keystone Law Group (LSE:KEYS) Business Description

Traded in Other Exchanges
N/A
Address
48 Chancery Lane, London, GBR, WC2A 1JF
Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.