GURUFOCUS.COM » STOCK LIST » Technology » Software » Cybercom Group AB (OSTO:CYBE) » Definitions » 6-1 Month Momentum %

Cybercom Group AB (OSTO:CYBE) 6-1 Month Momentum % : N/A% (As of Jun. 09, 2024)


View and export this data going back to . Start your Free Trial

What is Cybercom Group AB 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 (2024-06-09), Cybercom Group AB's 6-1 Month Momentum % is N/A%.

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

OSTO:CYBE's 6-1 Month Momentum % is not ranked *
in the Software industry.
Industry Median: -1.05
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Cybercom Group AB's 6-1 Month Momentum %

For the Information Technology Services subindustry, Cybercom Group AB'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.


Cybercom Group AB's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Cybercom Group AB's 6-1 Month Momentum % distribution charts can be found below:

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



Cybercom Group AB  (OSTO:CYBE) 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.


Cybercom Group AB  (OSTO:CYBE) 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.


Cybercom Group AB 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Cybercom Group AB's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cybercom Group AB (OSTO:CYBE) Business Description

Traded in Other Exchanges
N/A
Address
Cybercom Group AB is an information technology security consultancy firm. The company manages portals and provides electronic services to its customers. It offers a range of services available via mobile phone. The company also provides security, embedded systems, and telecom management. The company's portal services extend to web sites, extranets, intranets, communities, and mobile solutions. It analyzes a company's purpose, competition, target groups, services, and technical requirements before redesigning its portal. The company provides software solutions for media and electronic business. It maintains customer's portals and networks. Its mobile offerings are solutions for application, portal, payment, device management, internet advisory, use experience, and software office. For applications, it provides framework that provides development of mobile clients and support systems. The mobile portal solution creates a mobile equivalent of a customer's web site. The payment solutions include several payment services and methods. The device management offering facilitates distribution of content and firmware over the internet and over the air. The internet advisory services include consultation and support implementation of mobile strategies. It also provides extensive security offerings for a company intranet, portal, and networks. These products include identity and access management, IT forensics, and security verification. The company also handles physical hardware and computers.