6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-26), Target Hospitality's 6-1 Month Momentum % is -22.78%.
The industry rank for Target Hospitality's 6-1 Month Momentum % or its related term are showing as below:
TH's 6-1 Month Momentum % is ranked worse than 87.83% of 1085
companies
in the Business Services industry
Industry Median: 5.22
vs TH: -22.78
Competitive Comparison of Target Hospitality's 6-1 Month Momentum %
For the Specialty Business Services subindustry, Target Hospitality'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.
Target Hospitality's 6-1 Month Momentum % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Target Hospitality's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Target Hospitality'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.
Target Hospitality 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Target Hospitality's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Target Hospitality (Target Hospitality) Business Description
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists primarily of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
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