What is Resources Connection 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 (2024-04-24), Resources Connection's 6-1 Month Momentum % is -2.85%.
The industry rank for Resources Connection's 6-1 Month Momentum % or its related term are showing as below:
RGP's 6-1 Month Momentum % is ranked worse than 68.55% of 1081
companies
in the Business Services industry
Industry Median: 6.71
vs RGP: -2.85
Competitive Comparison of Resources Connection's 6-1 Month Momentum %
For the Consulting Services subindustry, Resources Connection'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.
Resources Connection's 6-1 Month Momentum % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Resources Connection's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Resources Connection's 6-1 Month Momentum % falls into.
* 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.
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.
Resources Connection 6-1 Month Momentum % Related Terms
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Resources Connection (Resources Connection) Business Description
Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Other segments. The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support. Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.
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