NextSource Materials (NextSource Materials) 6-1 Month Momentum % : -41.05% (As of Jun. 06, 2024)

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What is NextSource Materials 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 (2024-06-06), NextSource Materials's 6-1 Month Momentum % is -41.05%.

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

NSRCF's 6-1 Month Momentum % is ranked worse than
84.88% of 2546 companies
in the Metals & Mining industry
Industry Median: -4.46 vs NSRCF: -41.05

Competitive Comparison of NextSource Materials's 6-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, NextSource Materials'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.

NextSource Materials's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NextSource Materials's 6-1 Month Momentum % distribution charts can be found below:

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

NextSource Materials (OTCPK:NSRCF) 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.

NextSource Materials (OTCPK:NSRCF) 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.

NextSource Materials 6-1 Month Momentum % Related Terms

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NextSource Materials (NextSource Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NextSource Materials Inc (OTCPK:NSRCF) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

1JWA:Germany NEXT:Canada

Address

130 King Street West, Exchange Tower, Suite 1940, Toronto, ON, CAN, M5X 2A2

Website

https://www.nextsourcematerials.com

NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally, and contains SuperFlake graphite. The company also holds an interest in Green Giant Vanadium Project.

Executives

Marc Johnson	officer: Chief Financial Officer	2709-25 CAPREOL COURT, TORONTO A6 M5V3Z7
Robin Borley	director	PO BOX 7377, SECUNDA T3 2302
Dino Arduino Comand	director	131 GARDEN AVENUE, ANCASTER A6 L9G4V9
Dalton Leroy Larson	director	3629 CANTERBURY DRIVE, SURREY A1 V3Z 0X5
Vr Capital Holdings Ltd.	10 percent owner	C/O INTERTRUST CORPORATE SVCS (CAYMAN), 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Vr Capital Participation Ltd.	10 percent owner	C/O INTERTRUST CORPORATE SVCS (CAYMAN), 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Richard Deitz	10 percent owner	NIDDRY LODGE, 51 HOLLAND STREET, LONDON X0 W8 7JB
Vr Capital Group Ltd.	10 percent owner	DUBAI INTERNATIONAL FINANCIAL CENTRE, GATE VILLAGE BLDG. 4, SUITE 402, DUBAI C0 506755
Vr Global Partners, L.p.	10 percent owner	INTERTRUST CORPORATE SERVICES (CAYMAN), 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Vr Advisory Services Ltd	10 percent owner	INTERTRUST CORPORATE SERVICES (CAYMAN), ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Thiess Albert Adolph Jr.	director	8 LAWSON'S POND, BLUFFTON SC 29910
De Bruin Johann K.	director	1283 DUNWOODIE AVENUE, WAVERLEY T3 XXXXX
Richard Quesnel	director	SUITE 520, 141 ADELAIDE STREET WEST, TORONTO A6 M5H 3L5
Peter D Liabotis	officer: VP Finance	SUITE 520, 141 ADELAIDE STREET WEST, TORONTO A6 M5H 3L5
Craig S Scherba	director, officer: VP - Exploration	SUITE 520, 141 ADELAIDE STREET WEST, TORONTO A6 M5H 3L5