6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-03), Upbound Group's 6-1 Month Momentum % is 20.93%.
The industry rank for Upbound Group's 6-1 Month Momentum % or its related term are showing as below:
UPBD's 6-1 Month Momentum % is ranked better than 69.91% of 2805
companies
in the Software industry
Industry Median: 4.28
vs UPBD: 20.93
Competitive Comparison of Upbound Group's 6-1 Month Momentum %
For the Software - Application subindustry, Upbound 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.
Upbound Group's 6-1 Month Momentum % Distribution in the Software Industry
For the Software industry and Technology sector, Upbound Group's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Upbound Group's 6-1 Month Momentum % falls into.
Upbound Group (NAS:UPBD) 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.
Upbound Group (NAS:UPBD) 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.
Upbound Group 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Upbound Group's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Upbound Group (Upbound Group) Business Description
Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
UPBD has been successfully added to your