SigmaRoc (LSE:SRC) 6-1 Month Momentum % : 20.35% (As of May. 20, 2024)

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What is SigmaRoc 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 (2024-05-20), SigmaRoc's 6-1 Month Momentum % is 20.35%.

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

LSE:SRC's 6-1 Month Momentum % is ranked better than
77.73% of 422 companies
in the Building Materials industry
Industry Median: 2.56 vs LSE:SRC: 20.35

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

For the Building Materials subindustry, SigmaRoc'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.

SigmaRoc's 6-1 Month Momentum % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, SigmaRoc's 6-1 Month Momentum % distribution charts can be found below:

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

SigmaRoc (LSE:SRC) 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.

SigmaRoc (LSE:SRC) 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.

SigmaRoc 6-1 Month Momentum % Related Terms

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SigmaRoc (LSE:SRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » SigmaRoc PLC (LSE:SRC) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

M2I2:Germany

Address

6 Heddon Street, London, GBR, W1B 4BT

Website

https://www.sigmaroc.com

SigmaRoc PLC is involved in the construction materials business. The company's activity is to make investments and acquire projects in the construction materials sector. Its geographical segments include the United Kingdom, Channel Islands, Northern Europe, and Belgium. The company derives a majority of its revenue from Northern Europe. The Group has three geographical regions, North West which comprises of PPG, England, Wales and Channel Islands; West which comprises of Dimension Stone and Benelux; and North East which comprises of Quicklime, Nordics, Poland and Baltics. Activities in the North West, West and North East regions relate to the production and sale of construction material products and services.