Steel Connect (Steel Connect) 6-1 Month Momentum % : -10.00% (As of May. 13, 2024)

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What is Steel Connect 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 (2024-05-13), Steel Connect's 6-1 Month Momentum % is -10.00%.

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

STCN's 6-1 Month Momentum % is ranked worse than
67.11% of 1055 companies
in the Media - Diversified industry
Industry Median: 1.49 vs STCN: -10.00

Competitive Comparison of Steel Connect's 6-1 Month Momentum %

For the Advertising Agencies subindustry, Steel Connect'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.

Steel Connect's 6-1 Month Momentum % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Steel Connect's 6-1 Month Momentum % distribution charts can be found below:

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

Steel Connect (NAS:STCN) 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.

Steel Connect (NAS:STCN) 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.

Steel Connect 6-1 Month Momentum % Related Terms

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Steel Connect (Steel Connect) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Steel Connect Inc (NAS:STCN) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

CGO:Germany

Address

590 Madison Avenue, New York, DE, USA, 10022

Website

https://www.steelconnectinc.com

Steel Connect Inc is a diversified holding company. The company's operating segment include Direct Marketing and Supply Chain. It generates maximum revenue from the Direct Marketing segment. Geographically, it derives a majority of revenue from the United States and also has a presence in China; Netherlands, and others. The company serves clients in various industries including consumer electronics, communications, computing, software, storage, and retail industries.

Executives

Steel Partners Holdings L.p.	other: See Explanation of Responses	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Joseph Richards Martin	director	C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Ryan O'herrin	officer: Chief Financial Officer	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547
Webfinancial Holding Corp	director, 10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wf Asset Corp.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Gary Tankard	officer: Chief Accounting Officer	C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jason Wong	officer: Chief Financial Officer	590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022
Renata Simril	director	5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Fawaz Khalil	officer: CEO, ModusLink Corporation	C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
John Ashe	officer: CEO,IWCO Direct Holdings, Inc.	C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Maria Molland	director	1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Joseph B Sherk	officer: Chief Accounting Officer	C/O UNITED RENTALS INC, FIVE GREENWICH OFFICE PARK, GREENWICH CT 06830
Douglas Woodworth	officer: Chief Financial Officer	STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Excel Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Philip E. Lengyel	director	C/O MODUSLINK GLOBAL SOLUTIONS, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451